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More News: No WMG Bid For EMI?, Borders Liquidates, Black Is Back, HFA+Spotify, Apple, More

HypebotFavicon Warner debt may prevent the from make a deal to buy EMI according to analyst Anthony Canale of Covenant Review, which analyzes credit agreements. (NY Post)

  • After failing to find a buyer, Borders told the bankruptcy court Monday that it will close its remaining 399 stores and liquidate its assets starting as soon as Friday. 
  • Rebecca Black extends her 15 mins of fame with a new video that's exceeded 1 million plays in just 1 day on YouTube.

MORE:

  • The Harry Fox Agency is handling licensing for the U.S. launch of Spotify.
  • After being at his desk for weeks, LA Reid was officially named Chairman & CEO of Epic Records Monday by new Sony Music Entertainment CEO Doug Morris.
  • Analysts are forecasting that Apple iPod sales will decline 7.2% year over year as smartphones and other devices gain popularity. But Apple stock hit an all time high Monday of $374.65 just ahead of an anticipated strong earnings report.
  • Google announced new URL shortcut that will only link to official Google products and services: g.co.
  • Ticketmaster For BlackBerry Beta v2.0 Available Now For Beta Zone Members (TechCrunch)


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