EMI puts merger on hold

Cardew, Ben
August 2006
Music Week;8/5/2006, Issue 31, p1
Trade Publication
The article informs that EMI Group PLC has put its merger with Warner Music Group Inc. on hold after the Sony BMG merger was annulled by the European Union's Court Of First Instance. The decision has had a negative impact on EMI and Warner's share prices. However, European independent organization Impala which believes that further concentration in the music business is against the interests of the business, music makers and music fans has welcomed the EMI's decision.


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