TITLE

Mega-Mergers Change Shape Of U.S. Music Retail

AUTHOR(S)
Christman, Ed
PUB. DATE
November 1998
SOURCE
Billboard;11/07/98, Vol. 110 Issue 45, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on consolidation in the music industry as of November 7, 1998. Acquisition of Camelot Music by Trans World Entertainment Corp.; Wherehouse Entertainment Corp.'s acquisition of Blockbuster Music; Other mergers and acquisitions taking place in the industry; Industry executives' mixed reactions about the consolidations; Fear of labels and distributors that larger companies will use their buying clout to extract greater portions of cooperative advertising funds.
ACCESSION #
1232183

 

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