Independent Music Blog cool Indie music coverage

Coolfer, a great music industry blog, recently brought EMI’s new business moves to my attention. The “Big Four” music label EMI Group could be flirting with a potential buyout or merger with the mighty Warner Music Group.

Coolfer first had an article on January 13th saying EMI could be on the selling block because of some restructuring taking place at EMI. The New York Times suspected the restructuring to be a sign that they may be looking to push for a sale or merger.

Later, on January 16th, its reported that EMI restructuring their debt to make a potential buyout or merger unattractive. (okay..??) So now a takeover attempt by Warner Music Group will likely be kicked to the curb, unless it is extremely generous.

If a Warner-EMI merger happens, I see only evil as a result. An over sized Warner-EMI conglomerate will only bring more problems to the music industry, which is trying to change rapidly.

Finally, CNN Money has a great article on it titled “Warner-EMI: A Sad Song” for those interested in reading more in depth about the business side of things dealing with Warner and EMI.

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