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Image header Agence Europe
Europe Daily Bulletin No. 9402
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/competition

Takeover of BMG Music Publishing by Universal not yet approved by independent record association

Brussels, 05/04/2007 (Agence Europe) - The measures proposed by Universal as part of its proposed takeover bid for the musical publishing business of Bertelsmann, BMG Music Publishing (BMG), has not yet received the go-ahead from the Independent Music Companies Association (IMPALA).

IMPALA, which has already spoken out to the European Commission (EUROPE 9315) against this merger, considers that Universal's proposed divestment of Zomba Music, Rondor Music, 19 Music, 19 Songs and BBC Music...

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