In breaking news it seems Universal has purchased EMI bringing the total number of major record labels down to three. Not sure how this is going to go from an anti trust point of view but latest reports suggest that EMI recordings have gone to Universal for $1.2 billion and EMI publishing has gone to Sony/ATV Music Publishing for $2.2 billion. Bands affected include The Beatles, Coldplay, Katy Perry, Pink Floyd, Beach Boys, and Norah Jones. I will update the list of references below as I read more articles on the take over.
Further Reading
Noise 11, Universal Music Buys EMI, Sony Gets EMI Publishing (12 November 2011) < http://www.noise11.com/news/universal-music-buys-emi-sony-gets-emi-publishing > at 13 November 2011
Digital Music News, Impala: The EMI Acquisition Will Be 'Blocked Outright'... (14 November 2011) < http://digitalmusicnews.com/permalink/2011/111111impala > at 16 November 2011
Digital Music News, SOLD: Citigroup Unloads Both EMI Units; $4.1 Billion... (11 November 2011) < http://digitalmusicnews.com/permalink/2011/111111umg > at 15 November 2011
TechDirt, And Then There Were Three: Bye, Bye EMI (11 November 2011) < http://www.techdirt.com/articles/20111111/10302916724/then-there-were-three-bye-bye-emi.shtml > at 15 November 2011
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