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BMG Seeks To Sell Stake In Getmusic To Universal


Universal Music Group is negotiating to buy BMG Entertainment’s interest in their jointly owned music Web site GetMusic LLC, the Wall Street Journal reported in its online edition Wednesday. The paper cited people familiar with the situation, adding the move was the latest sign of turmoil in the online music industry. Details of the negotiations were sketchy, but the two sides were believed to be close to a deal, although the talks could still break down, the paper said. One issue had been how much content BMG was willing to guarantee to the site, the paper said. BMG is a… Read more »

News

Guns N' Roses To Play London


Guns N’ Roses will play the UK for the first time since their shows at the Milton Keynes Bowl in 1993. Tickets go on sale Friday (March 2). A source close to the band hinted the show will not be part of an extensive UK tour, although an extra date at the Docklands has not been ruled out. The band’s long-awaited new album, ‘Chinese Democracy’, is expected in June to coincide with the shows. The only original members of the band who remain from its previous incarnation are frontman Axl Rose and Dizzy Reed on keyboards. Guns N’Roses’ Confirmed European… Read more »

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