According to rumours and speculation, EMI Music Publishing could be about to be sold: indeed, it seems that some of its key shareholders are ready to sell the company for around $3bn.
The "Sunday Telegraph", in the UK, reported:
Some existing backers are keen to bail out.
EMI Music Publishing was acquired in 2012 by a Sony-led consortium for $2.2bn, but Sony doesn't currently own a majority stake. Indeed the company only got 30% of EMI Music Publishing in the 2012 acquisition, with its then-partner in Sony/ATV, the Jackson Estate, acquiring a further 10%; the remaining 60% is in the hands of other finance partners, led by Mubadala Development Company, alongside Jynwel Capital, the Blackstone Group’s GSO Capital Partners LP and David Geffen.
Sometimes you have to be a bitch to get things doneWho said it? >
Please immediately report the presence on Rockol of any images not belonging to the above categories: we shall rapidly verify and proceed to immediately removing them in case of any unproper use.