Warner Music, Prince Al-Waleed Near Deal Over Saudi Tycoon’s Music Company

Warner Music, Prince Al-Waleed Near Deal Over Saudi Tycoon’s Music Company

The deal would value Prince al-Waleed bin Talal’s Rotana Music at close to $200 million, according to people familiar with the matter, and would pair one of the West’s biggest music forces with one of the Mideast’s, at a time when recorded music sales are booming.