UK music company Chrysalis Group is on the blocks, again. Who would possibly want to buy a music company in this environment? Lots of people, if the price is right. Chrysalis has a modest music publishing unit (Blondie, David Bowie, lots of little bands), and publishing is the closest thing the industry has to a sure bet these days, plus it has a management unit, and Warner Music Group (WMG) and other labels would very much like to be in music management.
So. How much? The NY Post says Chrysalis would like $300 million, down the $400 million it was looking for this summer. A better bet: $150 million.
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