Warner Music Group’s initial public offering launches today, with the music group offering 70m shares in a public offering whose price is expected to be between $23 and $26 per share. “The offering consists entirely of secondary shares to be sold by Access Industries, LLC and certain related selling stockholders,” explained WMG in its announcement. “The underwriters will have a 30-day option to purchase up to an additional 10,500,000 shares of Class A common stock from the selling stockholders. The Company will not receive any proceeds from the offering”…
Tip sits down with Hip-Hop star Royce da 5’9”. Royce talks about moving into the world of producing and reveals what happened with his super-group Slaughterhouse. The MC talks about his…
If you started a business in an ultra-competitive space in consumer tech, and within three years it was earning more revenue than AMD, Spotify, Twitter, Snap or Shopify, you’d justifiably be…
When John Legend finished recording his seventh studio album in February, he, like everyone, couldn’t have imagined the state of society four months later, juggling both a global pandemic and a…
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