Time Warner and EMI to Merge

Jari Ketola
24 Jan 2000 9:54

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

More from us
We use cookies to improve our service.