Bertelsmann’s BMG Music Rights has continued to expand by agreeing to a deal to manage the song catalogs of Fuji Entertainment America’s ARC Music, Six Palms Music and Third Story catalogs in a worldwide deal everywhere outside of Japan and South East Asia.
We’re all a little tired of writing about the imminent demise of EMI, home to the Beatles, Pink Floyd, Coldplay and Robbie Williams, simply because it hasn’t happened in all the years of writing it.
Nobody can question Eastman Kodak's intention in raising some $700 million. Getting a commitment from private equity firm Kohlberg Kravis Roberts to buy up to $400 million of its debt is also a perfectly logical step for the old-economy stalwart as it lumbers into the digital age. What KKR is thinking is another matter.