British music company EMI and American Time Warner Inc. announced today they would merge their music businesses, with combined revenues of $8 billion a year, to become the world's second-largest in the field (second only to Seagram's Universal Music).
It was only a while ago when Time Warner was acquired by America Online Inc. (AOL). Fusions seem to be today's trend.
Read the full story at Yahoo's Daily News
Written by: Jari Ketola @ 24 Jan 2000 9:54
Time Warner and EMI to Merge
- Previous article
-
Microsoft partners with Liquid Audio
- Next article
-
DeCSS Author Arrested?
Advertisement - News comments available below the ad
