• Bids for EMI Music are due Wednesday (10/5). Among those eyeing the label, publishing company, or both, are Ronald Perelman, Access Industries/Warner Music Group, Sony Corp., BMG Chrysalis, Universal Music Group, and Alec and Tom Gores (Platinum Equity). More here and here.
• The Tennessean looks at Kenny Chesney’s curious omission from the CMA Entertainer of the Year race.
• Negotiations between AFTRA and the major labels aren’t going smoothly, with threats of a strike by AFTRA members looming. Read AFTRA’s statement here and more from The Hollywood Reporter.
• Rhapsody announced today plans to purchase Napster from retailer Best Buy. Under the terms of the agreement, Rhapsody will acquire Napster subscribers and other assets, and Best Buy will receive a minority stake in Rhapsody. The transaction is expected to close around Nov. 30. More from cnet.
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Sarah Skates has worked in the music business for more than a decade and is a longtime contributor to MusicRow.View Author Profile
