Nog geen twee week na de voltooing van de giga fusie tussen Time Warner en America Online slaan Warner Music en EMI de handen ineen. Warner EMI Music, zoals de joint-venture zal heten, brengt artiesten als Madonna, de Spijsmeisjes en Robbie Williams tezamen:
The merged company will be called Warner EMI Music and will have sales of £5bn ($8bn) a year, with 2,500 artists under contract. It will be worth about £12bn ($20bn). But up to 3,000 jobs could go in the next three years, the company says.
The deal follows the recent merger of Time Warner with the world's biggest internet company, AOL to create a $300bn media giant. One of the objectives of that merger was to increase sales of music on the internet.
There may be someone who still wants to spoil the party. German media group Bertelsmann has ruled itself out, but Sony and Universal Music may decide to put in a higher bid.
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