• Bids for EMI Music are due Wednesday (10/5). Among those eyeing the label, publishing company, or both, are Ronald Perelman, Access Industries/Warner Music Group, Sony Corp., BMG Chrysalis, Universal Music Group, and Alec and Tom Gores (Platinum Equity). More here and here.
• The Tennessean looks at Kenny Chesney’s curious omission from the CMA Entertainer of the Year race.
• Rhapsody announced today plans to purchase Napster from retailer Best Buy. Under the terms of the agreement, Rhapsody will acquire Napster subscribers and other assets, and Best Buy will receive a minority stake in Rhapsody. The transaction is expected to close around Nov. 30. More from cnet.
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About the AuthorSarah Skates is Sr. News Editor of MusicRow Enterprises. Now in her tenth year with the company, she contributes to musicrow.com and the print magazine. She welcomes your inquiries to firstname.lastname@example.org. Please send press releases, photos, and news items to email@example.com.
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