1. GLOBAL NEWS LINE.
- Author
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Koranteng, Juliana, Kelly, Nick, Brandle, Lars, and Cendrowicz, Leo
- Subjects
- *
MUSIC industry , *MERGERS & acquisitions - Abstract
The article discusses how Impala, the Pan-European independent labels body, has applauded the European Commission's (EC) February 1, 2007, decision to re-examine the Sony Music and BMG merger. Impala had previously appealed the EC's 2004 clearance of the deal that created Sony BMG. In July 2006, the European Union court annulled the EC's decision, which meant that Sony and BMG would have to refile their merger plans for another EC investigation.
- Published
- 2007