Warner Music has been sold.

[GA Russell]

Warner Music has been sold, with the deal to close in September. Bronfman will remain as CEO. Despite the decline in the industry, Bronfman will have doubled his money.

Citi is expected to soon offer EMI for sale.

http://www.washingtontimes.com/news/2011/may/6/is-new-warner-music-buyer-a-sucker-or-savant/?page=1

[JSngry]

Any time you have deep-pocketed investors in some glamor business, anything can happen.

Well, there you go.

[CJ Shearn]

There goes Nonesuch