Chorus of concern over Warner-EMI deal

The European Commission is coming under increasing pressure to conduct a full antitrust investigation into a proposed $20 billion merger between Warner Music and the EMI Group. Composers from five Nordic countries have lodged formal objections with the commission against the venture. They believe Warner-EMI would control nearly 50% of all music publishing in Sweden and 70% in Finland.

Warner-EMI would be the world's largest music company with combined revenues of $8 billion, 2,000 albums released annually, and more than 2 million song copyrights.

This article was written for an earlier version of The Daily Roxette.
Technical errors may occur.

  ★ The author:
Visa Kopu

  ★ Publishing date:

June 7th, 2000

Internal reference code for TDR's Good Reporters: [tdr 111604]

This article was posted here on TDR in these categories:

Archive, TDR:Misc, vintage.

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