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Image header Agence Europe
Europe Daily Bulletin No. 9372
Contents Publication in full By article 30 / 35
GENERAL NEWS / (eu) eu/competition

“Independent” music labels do about-turn and declare support for Warner-EMI merger if concessions are made from both sides

Brussels, 22/02/2007 (Agence Europe) - IMPALA, the independent record and publishing house has been successfully fighting against mergers between the major international record labels since 2000. In a press release on Wednesday it declared that it would give its support to the merger of Warner Music Group Corp (“Warner”, USA) with the EMI Group Plc (“EMI”, United Kingdom). The number three and four on the world music market obtained this truce in exchange for promises to implement...

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