The crumbling empire known as Warner Music Group simply isn’t worth $2.5 billion (or more), at least according to one heavyweight Wall Street analyst. “Beyond the vanity element that drove Guy Hands/Terra Firma’s disastrous acquisition of EMI, we simply do not see a reason why someone would pay $2.5 billion for WMG, particularly with EMI for sale as well,” the hard-hitting Rich Greenfield opined early Thursday morning. “We continue to believe EMI’s music publishing asset is far better positioned than Warner/Chappell.”
via Sorry: Warner Music Is Just Not Worth $2.5 Billion… – Digital Music News.
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Hi Brian, Did you know that Syd Kitchen died on 22nd March?
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