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WinMX World :: Forum  |  Discussion  |  WinMx World News  |  Music Industry Intrigue
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Author Topic: Music Industry Intrigue  (Read 855 times)

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Offline GhostShip

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Music Industry Intrigue
« on: May 17, 2006, 07:31:52 am »
Hmm an interesting commentary here  :)

http://www.mp3newswire.net/stories/6002/apple_warners.html

Quote
London-based EMI is going to try again in an effort that, if successful, will turn the Big Four music companies into the Big Three. If that happens there will no longer be a major American record company as the three remaining record conglomerates are all foreign entities. Yup, the Record Industry Association of America will be soley controlled by foreign nationals.
As an MBA I am hardly naive to the workings of global economics. I just don't like bullies. Particularly, bullies who cry file sharing is a detriment to our American culture when those doing the crying are Japanese and German executives through their American-based lobby group. No less that the Department of Justice has labeled these companies a cartel, and dropping from four to three major labels will only worsen the existing oligopoly. I doubt the US will try to stop the sale either, even with the record labels long history of collusion and payola.

I see this fellow is of the same mind as me  :lol:

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