Wednesday, September 26, 2007

Warners: The Northern Rock of the music industry

Hypebot reports on the woes facing Warner Music Group. With its plan A - merger with EMI - off the table, the label is suffering from a lack of investor confidence. Its shares are down to a shade under ten bucks; back in autumn of 2006 they were over $25. The smart money, it seems, thinks that Bronfman doesn't really have a plan B.


Duncan said...

Your link's wrong :)

simon h b said...

Sorry! Now fixed.

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