Following an April 14 report, the three companies left in the running to purchase Warner Music Group in its entirety have been identified as Access Industries, Platinum Equity and the Yucaipa Companies, according to Billboard.biz.
Live Nation Entertainment has cut its original 2011 profit forecast of $389 million by 7 percent to $362 million after announcing the settlement of a class action lawsuit over fees charged by its subsidiary, Ticketmaster.
The Country Music Association announced it will donate half of its net proceeds from the CMA Music Festival to flood relief efforts in Nashville, Tenn.
UK's Competition Commission has re-opened its investigation of the merger between Live Nation and Ticketmaster following an appeal from German ticketing company CTS Eventim.
