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Universal's takeover of EMI poses threat to musical diversity

Merger promises to rescue EMI but would turn Universal into a super-major that could squeeze out independent labels When Rupert Murdoch tried to buy the part of BSkyB he didn't own, which would give him 40% ownership of all British commercial TV, there was political and media outrage, yet we've seen no such reaction to the news of Universal's swoop for EMI, despite the fact that the deal will give it more than 40% of the recorded music market – creating what Warner Music's exiting chairman calls "a super-major".
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EMI to be sold to Russian billionaire after deal with Universal collapses

Entertainment Industry / Music Industry : Guardian.co.uk Music Industry Blog (3 years ago)

Len Blavatnik poised to pay $1.5bn for the last major British record label, home to the Beatles and Coldplay EMI, the record label that signed the Beatles, Pink Floyd and Coldplay, is likely to be broken up this week and sold to a R... Read Post

NEWS BRIEF: Indies Battle EMI Sale, iTunes Int'l, AC/DC & Hendix Apps, Zya, RIAA vs. MP3's & More

Entertainment Industry / Music Industry : Hypebot (3 years ago)

The Battle Begins: Universal's takeover of EMI "bad news for almost everyone", say independent labels. (NME) Some EU based indie publishers are vowing to fight the EMI Publishing sale to Sony, as well. iTunes may open in Brazil befo... Read Post

The Week In Music Publishing 2.24.12

Entertainment Industry / Music Industry : Hypebot (3 years ago)

In a continued effort to buy the recording side of EMI, Universal has gone directly to EU regulators for approval of the takeover. Sony/ATV will follow suit for the publishing side of EMI. Warner Music Group and independent labels a... Read Post


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