Line 6, a pioneer in guitar technology is set to be acquired by Yamaha. How do these two manufacturers fit together? Peter Kirn of createdigitalmusic provides a sharp analysis of the transaction — see it here.
The New York Times reports that the recorded music division of EMI Group, which has offices in NYC, will be acquired by French media and telecommunications giant Vivendi for approximately $1.9 billion.
The acquisition further consolidates the major labels, putting EMI under the same roof as Universal Music Group.
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The music publisher Bug Music, based in NYC since being founded in 1975, has been acquired by BMG Rights Management (based in Berlin with NYC offices). The sale price may be as much as $325 Million.
Claire Atkinson of the NY Post supplies more information in this article. Read more...
