Warner Music Group Evaluating Bids This Wek: New Owner Coming Soon

Warner Music Group will start to review the second round of bids this week. Currently, there are 10 groups who have reportedly made bids between $2.8 billion and $3 billion. Bidders include Live Nation, BMG Rights Management (a joint venture of Bertelsmann and Kohlberg Kravis Roberts), Platinum Equity, Ron Burkle’s Yucaipa Company, billionaire Len Blavatnik, investor Ron Perelman and Sony.

It will be interesting to see which bid comes out on top!

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