Warner Music Agrees to Buy Coldplay Label for $764M

Feb. 7 (Bloomberg) -- Warner Music Group agreed to buy EMI Group’s Parlophone Label Group, home to Coldplay, the Pet Shop Boys and Tina Turner, from Universal Music Group for 487 million pounds ($764 million). Jon Erlichman reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Serra: Deutsche Bank Valuation Shows Lack of Confidence
27:17 - Davide Serra, founder and chief executive officer at Algebris Investments, examines the state of European banks as he sees a need for cost cutting and looks at Deutsche Bank's valuation and need for capital following a settlement with the U.S. Department of Justice. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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