INTERNATIONAL UNIONS COME OUT AGAINST EMI/UNIVERSAL MERGER

In the context of the American musicians’ unions coming out this week in support of the Universal/EMI deal, it is worth noting that the International Musicians Union FIM took a strong stance against the Universal/EMI merger more than a month ago

MARY HONEYBALL MEP LEADS A DEBATE AT THE EP ON HOW TO GROW EUROPE’S CULTURAL SMES IN THE FACE OF INCREASING CONCENTRATION

British Labour MEP from London, Mary Honeyball, hosted a dinner in the Members’ Salon of the European Parliament Wednesday, 28 March 2012. This evening was an opportunity for key EU officials and parliamentarians, as well as EU member states’ representatives, to get a better understanding of the music sector and to exchange views on the experiences and challenges faced by of some of Europe’s most innovative entrepreneurs, and independent music companies.

IMPALA WELCOMES REPORTS OF EUROPE RAISING SERIOUS DOUBTS ABOUT UNIVERSAL’S BID FOR EMI

As press reports circulate of findings of “serious doubts” during Europe’s initial market investigation into Universal’s proposed acquisition of its thriving competitor EMI, IMPALA welcomed the prospect of a detailed second stage investigation. This is expected to commence when the phase one deadline expires on 23rd March. It is understood that customers and other actors raised the red flag, as well as competitors such as independent music companies.