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Music Execs Expect EMI Deal in '03
Could 2003 be the year that EMI finally finds a mate? Frenzied gossip among executives at this year’s Midem music industry conference on the French Riviera would suggest so. As a new group of suitors eyes the EMI dowry, which includes the Beatles back catalog, bets among the glitterati at Cannes are that the world’s third biggest music company will pair up with one of its old flames: BMG or Warner Music. Yet some still hold out hope for a more dramatic swoop by private equity houses led by an industry guru – cash-rich Clive Calder being one contender after… Read more »