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AP source: Warner Music being sold for $1.3B
Published May 11, 2011
AP source: Warner Music being sold for .3B
Len Blavatnik’s Access Industries is buying Warner Music Group Corp., the world’s third-largest recording company, for about $ 1.3 billion, according to a person familiar with the matter.
Read more on AP via Yahoo! Finance
Royalties dispute deadens recording industry
A heated dispute between recording studios and the association of local musicians over the latter’s request to double royalties has brought the industry to a standstill.
Read more on Việt Nam News