TITLE

Merger glitches: courts steer majors' unions to the rocks

PUB. DATE
December 2006
SOURCE
Music Week;12/23/2006, Issue 51, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses record label mergers within the music industry. Following a complaint issued by independent music label Impala, Great Britain's Court of First Instance ruled that the merger between Sony and BMG was null. The decision has caused other companies considering mergers to either re-present their cases or reconsider their future strategies, such as the case with EMI and Warner. Impala also launched a strong attack against Universal's bid for BMG Publishing, citing reasons of unfair competition.
ACCESSION #
23527717

 

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