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December 14, 2004

The Warner Music IPO

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Posted by Dominic Basulto

The New York Post has the details on a potential Warner Music IPO that could come as soon as March 2005. Making the deal interesting for Wall Street investors, though, could be problematic: "The company's push for an IPO has surprised many in the industry, who say that continuing problems with piracy in the industry — which has decimated CD sales in recent years — could put a lid on Warner's valuation on the public market."

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