EMI - big 4 to become the big 3?

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Subject: EMI - big 4 to become the big 3?

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Binokular

CLUAS Forum Junkie
Posts:1596

28 Feb 2007 2:17 PM
As anyone with an interest in music knows, apart from the indies, there are only really four big record companies; Sony BMG, Universal, Warner and EMI. It's also old news at this stage that EMI are in trouble financially. Warner are planning on making a takeover bid. All pretty boring business news so far and it's hard to have sympathy for a bunch of DRM loving pigopolists, but I was thinking about what this could mean for popular music. For a start EMI is the last major record label whose primary business is music rather than being part of a larger "media" empire that wants to sell you Playstations, crap movies or internet access. So while it's easy to take glee in the fall of one of the big four, on the other hand you wonder what it says about the state of popular music. Is this a good or bad thing or just another day in the office for the record industry?

The_Pen15

Busy Member
Posts:105

02 Mar 2007 5:22 AM
I don't think it matters all that much thanks to the internet

Binokular

CLUAS Forum Junkie
Posts:1596

02 Mar 2007 5:31 PM
Posted By The_Pen15 on 02 Mar 2007 5:22 AM I don't think it matters all that much thanks to the internet I think that people overstate the impact of the internet, record labels still have a place even in the digital age. Lets not forget back catalogues too which these guys still hold copyright to.

Madmoiselle Nobs User is Offline

Starting Member
Posts:4

02 Mar 2007 10:03 PM
Good call Binokular.Here's an excellent article which taps into where the music industry is at & possibly where it's going. http://houstonpress.com/2007-01-04/news/disconnect/full

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