Article Abstract:
Major record companies are anxious to acquire Virgin Records, the seventh biggest record company in the world and the largest outside of what is known as the Big Six. Owner Richard Branson is entertaining offers from three of those six for a deal that could change the music industry.
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Article Abstract:
PolyGram has purchased the legendary Motown record label for $301 million. This continues PolyGram's expansion in the record industry, which has included the recent acquisitions of Island and A&M. Motown was the last of the big independent record labels.
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Article Abstract:
Media companies market a host of products, and a film such as 'The Lion King' can generate sales that go far beyond box office receipts. Keeping with the trend of large media companies, Seagram will acquire Polygram. Sony is also discussed.
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