Sony/ATV Music Publishing LLC, owned by Sony Corp. and Michael Jackson’s estate, submitted a bid for Warner Music Group Corp.


Sony/ATV’s bid is in the $3 billion range offered by Blavatnik and the Gores brothers, one person said. The company, headed by Martin Bandier, is interested Warner Music’s publishing business, while its partners are focused on recorded music, one of the people said.


Ownership Breakdown

The record company, home to artists including Cee Lo Green and the Black Keys, has long-term debt of $1.94 billion, according to company filings.


http://www.businessweek.com/news/201...c-auction.html

note i just got my posting privileges thats why i may be a bit late on some news posting

tried to change it after posting couldnt

I think they'll do well with it.

That's freaking crazy.

anyway it not going to happen because they lost the bid to some russian billionaire that will run the business to the ground ..smh