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08.09.07

Warner Music Rumored to Go Private

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MarketingVOX: Rumors are circulating that Warner Music may go private in the near future, reports The Globe & Mail.

The speculation follows the company reporting bigger-than-expected losses in the most recent quarter. Falling stock prices and a slumping music industry in general are also contributing.

Discussions about a move to go private are still reported to be preliminary.

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