Richard Branson is considering a bid for Virgin Records, one of the record labels Universal Music Group may sell to win regulators’ clearance of its $1.9 billion acquisition of rival EMI Music, according to a person familiar with the discussions.
The largest U.S. radio broadcaster and an independent Nashville record company said Tuesday they have reached a novel agreement that represents a major bet that radio’s future is online rather than over the air.
European antitrust regulators are expected Thursday to approve a plan by a Sony Corp.-led investor group to buy EMI Group Ltd.’s huge music-publishing division for $2.2 billion, according to people familiar with the situation.
The biggest buzz at Sunday’s Coachella music festival in California wasn’t for a hot new DJ or indie-rock band. It was for Tupac Shakur, the rapper who died more than 15 years ago and “performed” Sunday night alongside Snoop Dogg and producer Dr. Dre.