Updated: 6/8/06; 8:13:57 PM.

Saturday, May 14, 2005

From PittRadio: Indie Music News comes the story of why Linkin Park is demanding immediate release from Warner Brothers. The new owners of the Warner Music Group will be reaping a windfall of $1.4 billion from their $2.6 billion purchase a mere 18 months ago if their planned IPO moves forward. If you were resposible for 10% of all of a company's profits and they went public and were in a position to make hundreds of millions of dollars and were going to not give you a penny, would you want to stick around?
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