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EMI Group has reportedly held early-stage talks with rival record labels, including Warner Music...
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Monday, March 22, 2010, 7:46 AM ETEMI Group has reportedly held early-stage talks with rival record labels, including Warner Music Group (WMG) and Sony Music (SNE), to license its music in North America. A five-year licensing deal could bring in up to £100M ($150M) per year, and EMI desperately needs some cash to avoid being taken over by lender Citigroup (C). (previously)
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