Monday, May 02, 2005

Linkin Park Wants Out of Warner IPO

Remember kids, you must always keep the investors happy. I hate Linkin Park, but they do have a point.

"The statement quotes music attorney Peter Paterno from an article in The New York Times, where he said that the heads of WMG "who are running this thing are looking at it pretty cynically. It's becoming more and more apparent that this is nothing more than a financial play for the investors. It's not about the music or the employees; it's about a return for private equity investors. It's kind of astounding when you sit back and look at the audacity.""