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Steve
07-27-2006, 05:33 AM
One of the books I am reading for our business book of the month is a book on the Warner Music Group. It was started by Jack Warner of Warner Brothers fame. He was one of 12 Warner children.

http://www.canadaswalkoffame.com/kernel/images/bio_jack_warner.jpg

Jack sold Warner Music Group in 1965 for $32,000,000.00. Thirty two million dollars.

Then I just checked the business news and I see that 40 years later the company was almost sold to EMI Group Plc, the world's third-largest music company for $4.6 billion!!!!

That is amazing.

Would you like to see your business around after 40 years?

EMI ends Warner Music bid (http://money.cnn.com/2006/07/27/news/international/bc.media.emi.reut/index.htm) - for now
Decision comes in face of court ruling annulling Sony-BMG merger.