Saudi Arabia to buy Warner Music Group in deal worth around $12.5bn?

Warner Music Group might not be floating on the stock exchange after all. The world’s third biggest music rightsholder, which is 100% owned by Len Blavatnik’s Access Industries, may instead be exploring a private sale. That’s according to a rumor in The Hollywood Reporter, citing a source close to Blavatnik, which suggests that Warner’s billionaire … Continued

The post Saudi Arabia to buy Warner Music Group in deal worth around $12.5bn? appeared first on Music Business Worldwide.

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