国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

An investor group that includes media moguls Haim Saban and Edgar Bronfman Jr. is preparing a $2.5 billion bid for Time Warner Inc.'s music business, according to a source familiar with the situation.

Sources have said that Time Warner would choose between a bid from the investor group and one from music industry rival EMI Group Plc by a Thursday board meeting.

EMI is only bidding for Time Warner's recorded music business, sources have said, while the offer which the source familiar with the situation late on Monday said that the Saban, Bronfman group was putting together involves the music publishing unit as well.

An offer from EMI likely would face close scrutiny by regulators in the U.S. and in Europe, while it is believed that a bid from the investor group would probably result in a smoother ride through the regulatory process.

The news comes after Sony Music and Bertelsmann AG's BMG said earlier this month that they would merge in what may have triggered broader consolidation in the industry.

In another deal, Universal Music, the world's largest record label, said it would buy Dreamworks Records for an estimated $100 million.

Sales of recorded music have fallen sharply in the last couple of years as a result of online file-sharing services and entertainment alternatives such as video games and DVDs.

EMI was offering $1 billion for a majority stake in Warner's recorded music unit that would exclude the publishing arm Warner Chappell, sources have said.

Close

Today's Top News		Top International News
+Warning shot fired on Taiwan conspiracy ( 2003-11-18) +US visa hurdle turns students away from TOEFL ( 2003-11-18) +Miracle's ray of hope hits home ( 2003-11-18) +Chinese internet firms line up for IPOs ( 2003-11-18) +Man arrested over serial murders of 65 people ( 2003-11-18)		+Group preparing bid for Time Warner Music ( 2003-11-18) +Starbucks aims for continued supply ( 2003-11-18) +Bush to find warmth, antagonism in London ( 2003-11-18) +Philippine business woman killed in spoiled kidnap attempt ( 2003-11-18) +Annan cautious about returning UN staff to Baghdad ( 2003-11-18)