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EC Approves Unconditionally Sony-BMG Merger

Posted by timothy on Wednesday July 21, 2004 @08:33AM from the smoosh dept.

Paul Slocum writes "Just when you thought the music industry couldn't get any worse, Sony and BMG are merging. Now there will only be 4 major labels, and they estimate that 2000 jobs (25% of combined workforce) will be cut." An anonymous reader points to Reuters' report on the planned merger, which points out that "Vivendi-owned Universal and Sony BMG, as the new company is to be called, account for about 46 percent of music sold worldwide."

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fp! by Anonymous Coward · 2004-07-21 08:34 · Score: -1, Offtopic

fp - hehehehehehe
FP by Anonymous Coward · 2004-07-21 08:34 · Score: -1, Offtopic

First post!
FP by Anonymous Coward · 2004-07-21 08:35 · Score: -1, Offtopic

FP!!!!OMG!!!!
first post by Anonymous Coward · 2004-07-21 08:36 · Score: -1, Offtopic

frist p0st0r
Beat Timothy with the Grammar Bat! by nlindstrom · 2004-07-21 09:02 · Score: 0, Offtopic

EC Approves Unconditionally Sony-BMG Merger
Ugh. Methinks it would have been better stated as "EC Unconditionally Approves Sony-BMG Merger."
afirst post by Anonymous Coward · 2004-07-21 09:16 · Score: -1, Offtopic

of the warring fOr suucessful