Is Warner Music a Buyer or a Seller? Goldman Sachs Says "Yes!"
Warner Music Group has hired Goldman Sachs to find a buyer for all or a portion of the music company, reports the New York Times. Warner Music Group has also hired Goldman Sachs to help it buy all or a portion of longtime rival EMI Music Group, the Times reports. The Times politely calls this an “unusual two-track process,” but it makes perfect sense for Goldman, which gets paid no matter what.