I, Clive

Another great mogul

In an industry replete with narcissists, megalomaniacs and crybabies, Clive Davis stands head and shoulders above the crowd. In his new autobiography, “The Soundtrack of My Life”, Clive sets new standards for transparent self-aggrandizing, at one point comparing himself to another legendary mogul — Moses.

Did Warner Overpay for Parlophone?

WMG owner Len Blavatnik shows off the jewelry that the Vivendi board gave him at the closing of the Parlophone deal.

Less than 2 weeks ago the Warner Music Group purchased Parlophone Records from Vivendi for $765 million in cash, however sources familiar with the Vivendi end of the deal say that the French conglomerate was prepared to take much less. According to a source “Vivendi would have been very happy with a sale price somewhere in the $500 million range. That’s what they were expecting.”