Universal Music Group has sold off its last two remaining EMI assets it was required to divest of as part of its acquisition of EMI’s recorded-music properties, a source close to the situation told Billboard.biz today. The assets are EMI’s European rights to the Now That’s What I Call Music!... Read more...
T-Mobile To Merge With Metro PCS; Metro's Q3 is STRONG MetroPCS, the fifth largest cellular network in the U.S., has posted strong third-quarter earnings, along with more than 1 million LTE subscribers on its network. The cellular network today reported third-quarter net profit of $193 million... Read more...