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Linkin Park Opposes Fleecing of Warner Music, Demands Immediate Release.

Publication: Business Wire
Publication Date: 02-MAY-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- The following is a statement from The Firm on behalf of Linkin Park

The new owners of the Warner Music Group will be reaping a windfall of $1.4 billion from their $2.6 billion purchase a mere 18 months ago if their planned IPO moves forward. Linkin Park, their biggest act, will get nothing.

Meanwhile, of the planned $750 million raised by an IPO, only about $7 million will be put toward the company's own...

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