Warner Music Won’t Bid for Believe After All ...Middle East

Warner Music Group announced over the weekend that it has called off plans to submit a binding offer to acquire French music company Believe. The label did not elaborate on its decision, only that it was made “after careful consideration.” Believe followed up in a statement, saying it will “review the situation with all interested parties (including the consortium) to determine next steps in relation to the possible evolution of the company’s control.” Related Believe’s Boar

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