You know that family that holds the authority on where you should eat, sleep and more recently which airlines you should fly on? Yeah, the Zagat family is putting their Zagatness on sale. Who will buy the company? New York Times has Barry Diller, Bruce Wasserstein and even Rupert Murdoch down as possible buyers! [NYT]
Disney with help from four Chinese investment firms will invest in an 11 percent stake in the National Basketball Association’s subsidiary in China. OK! [NYT]
EMI, now in the hands of private investors will announce that it has to cut a chunk of their 6,000 strong work force. If anyone didn't see this coming then you need to be slapped with a Lenny Kravitz CD or something. [Reuters]
Will Amazon and it's CEO Jeff Bezos be a key player in helping record labels dig out of the current black hole they're in? [NYP]
New Westwood One CEO Tom Beusse isn't like other media CEOs who just landed in the top spot. He likes to talk before he settles into the new gig. We think its because he just loves to see his name and new title in print [Mediaweek]
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