Apple Denies Bid for Record Label

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Date: Thursday, April 17th, 2003, 08:00
Category: Archive

Chief Executive Steve Jobs rebuts a report that the computer and software maker is mulling an offer for Vivendi’s Universal Music Group.


According to CNet’s News.com:

In a statement, Apple CEO Steve Jobs said there was no substance to comments by one of Vivendi’s directors to Bloomberg News that Apple would make a bid for Universal Music Group. ”Apple has never made any offer to invest in or acquire a major music company. The press statements this morning attributed to Vivendi board member Claude Bebear are untrue, as Mr. Bebear has confirmed in a later report,” Jobs said. “Beyond these comments, we will abide by Apple’s policy of not commenting on rumors.” Read more…

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