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April 12, 2003

Is Apple Hungry?

According to the LA Times, Apple is in talks with Vivendi Universal (a mega-media corporation) to buy Universal Music Group for $5-6 billion. The BBC adds a little to the story, and Scripting News links to Tim Jarret's helpful thoughts. It seems this could be Apple's biggest gamble ever, truly a make or break move.

Apparently Vivendi is in a bit of trouble—who knew? It's been talking with potential buyers for lots of its assets for months. According to the Columbia Journalism Review, Vivendi is not the biggest media player, but it's big. Apple couldn't become a mega-corporation, could it? Perhaps I should start learning Linux....

UPDATE: The NY Post reports that Microsoft is now interested in Universal Music, as well. The NY Times says the Apple deal is unlikely.

Posted April 12, 2003 09:43 AM | mac geek

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