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Europe Daily Bulletin No. 7705

27 April 2000
Contents Publication in full By article 47 / 52
ECONOMIC INTERPENETRATION / (eu) media

According to the Wall Street Journal, Germany's BERTELSMANN is in talks with TIME WARNER in view of possibly merging their respective record clubs, BMG DIRECT and COLUMBIA HOUSE. The former claims to have 11 million members with a turnover of $400 million, and the latter 16 million members for a turnover of $1.4 bn.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT