Universal Buyout Of EMI Music OK’d By EU [Update: America Too]
Posted by Bram Teitelman on September 21, 2012
The four major label groups are set to become three, as European regulators earlier today approved Universal Music’s takeover of EMI Music. The $1.9 billion takeover will make Universal the largest music company in the world. As part of the deal, Universal will divest roughly a third of the assets of EMI, which the New […]