Sanctuary Talks Included Warner, EMI

Band Photo: Slipknot (?)
Reuters is reporting that Sanctuary Group's discussions with potential investors included meetings with larger rivals EMI and Warner Music, a person familiar with the situation said on Sunday.
The talks have been preliminary, no firm offer has been submitted and a deal is not imminent, the source added.
Sanctuary, the music company which handles artists such as GUNS N' ROSES, IRON MAIDEN, SLIPKNOT and SLAYER, said on Friday it was in ongoing talks with several third parties that could lead to a partial or outright sale of the company.
In addition to EMI and Warner, several private equity firms also have held talks with the company.
Shares of Sanctuary, the world's biggest independent record label and a major player in artist management, touring and merchandising, are up more than 20 percent since May 31.
Sanctuary, EMI and Warner all declined to comment.
The company's shares closed at 43-1/2 pence on Friday, giving Sanctuary a market capitalization of 161 million pounds ($293 million).
Source: Blabbermouth
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29 Comments on "Sanctuary Talks Included Warner, EMI"










21. writes:
Actually their show is quite good...no actually awesome, I've seen them on the Subliminal Verse Tour they surprised alot of people. Greatest performance I ever witnessed, I dont believe they're overrated. They know how to handle it up on stage, how to have fun, and how to give the maggots what we want. I give alot of credits and everything else I can offer.


25. writes:
Slipknot WAS one of the most overrated bands ever a few years back. Now only their "Fans" Care. Don't get me wrong their not terrible by any means, but those who trie to say their the best band ever? No debate needed. Thye arent even in the running. Yes i've seen them 6 times before anyone goes off and says i havent heard them enough. I wasn't impressed at any point of any show. 10 years from now i would put some down that they will be ragarded a "gimmick band"
26. writes:
i dont hate slipknot ... i HATE the new slipknot album and i hate all the little slipknot fanboys that think they are the most talented band ever ...
i was really hoping for vol. 3 to be a hardcore album similar to iowa but i think it sucks a$$ ... overall i think they are decent, nothing special ...


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1. angrystoner writes:
slipknot has talent but as i have said before they are over rated.