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    May 6, 2011 | Los Angeles Times
  1. Warner Music Group sold for $3.3 billion to Access Industries' Len Blavatnik

    Company Town
    Access Industries, a holding company founded by oil baron Len Blavatnik, won the auction to buy Warner Music Group Corp. for $3.3 billion in cash, the companies announced Friday morning....
  2. May 10, 2011 | Los Angeles Times
  3. Warner Music Group revenue up, but credit ratings down on concerns over debt

    Company Town
    Warner Music Group saw a 2% uptick in revenue its first quarter, aided by a 9% surge in digital music sales. Nevertheless, the New York music company saw its debt ratings downgraded by a major credit rating agency over concerns about whether the company...
  4. May 20, 2011 | Los Angeles Times
  5. Apple making its move into cloud music

    Company Town
    Apple has the necessary licenses from all four music labels to be able to launch its own cloud music service....
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