Warner Music Will Released Rp25 Trillion

Warner Music in a tempest. One of the world's largest record company that was contested by two parties with a bid of £ 1.8 billion or about Rp25, 6 trillion.

Page of The Independent states, mining and media tycoon, Gores brothers and Len Blavatnik, trying to bid this weekend. Both sides plan to inject £ 600 million to Warner Music as well as assume the debts of some £ 1.2 billion.

The decision to sell Warner Music was taken after Goldman Sachs and Partners to evaluate the company's AGM last January. Initially, 10 bidders showing interest. However, over time, their numbers were pursed.

Blavatnik is a shareholder of Warner Music until 2008. He is the owner of a cable TV network Top Up TV. Meanwhile, Tom and Alex Gores has long been active in the U.S. investment industry.

Most likely, Warner Music will join the big music companies as well as his rival, EMI, anyone successful bidder bought it.

Jay-Z and Michael Bublé are two of the many musicians who are under the management of Warner Music. In 2008, the company had failed to sign business agreements with YouTube. As a result, Warner Music will continue to block any kind of video on that page if shows music label Warner.