Online buzz about Doug Morris, Twitter, Gaylord, and Warner.
>>UMG chairman Doug Morris’s attempted move to Sony Music Entertainment isn’t going as planned according to the New York Post.
>>Twitter is worth between $8 billion and $10 billion according to the latest estimates. Among the interested purchasers are Facebook and Google, who have had very preliminary meetings. Read more from the Wall Street Journal.
>>Gaylord Entertainment and Warner Music Group posted losses in their respective 2010 year-end reports, released this week.
Gaylord was hit hard by the Nashville flooding.
Warner chief executive Edgar Bronfman Jr. said that the company has 360 deals with 55 percent of its artists, which he hopes will improve the situation going forward. More here.
About the Author
Sarah Skates has worked in the music business for more than a decade and is a longtime contributor to MusicRow.View Author Profile
