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Friday, August 10, 2012

A2IM's Reasons Against the Universal/EMI Merger


The American Association of Independent Music (A2IM) is a not-for-profit trade organization that serves independent labels, artists and publishers around the country, and even the world. The organization recently took a very strong and clear stance against the proposed UMG/EMI recorded music merger. As it stands now, UMG is working to gain approval of proposed divestments (i.e. selling off rights to some of their catalogs) as a way to compensate for what they will gain by acquiring EMI. A2IM has called on the FTC to block the acquisition altogether, and if not, to make sure these divestments include properties in the U.S. market (the initial proposal included divestments mainly in Europe). A2IM's goal is to help maintain an even playing field for the independent music community as well as for new music technology companies.

Read A2IM's statement against the merger here: http://a2im.org/2012/07/30/a2im-on-universalemi-news-negative-impact-on-music-consumers-is-clear/

In a more recent article, pressure seems to be mounting for UMG to include divestments on a global scale: http://www.billboard.biz/bbbiz/industry/record-labels/pressure-mounts-for-universal-music-to-make-1007754552.story#qCTKTzmEoX1KOY2U.99

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