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Home > Magazine > Article Archive > News

News: Universal Music Group Expected to Bid for EMI Group
Posted on Wednesday, June 22, 2011 @ 19:52:22 UTC
Topic: Labels

Universal, the largest of the four major record companies, avoided making a serious run at Warner Music Group when it was up for auction earlier this year, primarily because a merger of the two companies would have had trouble clearing antitrust hurdles in Europe and in the U.S., where Warner and Universal each have a double-digit market share. But EMI is a different story. So far this year, its share of the U.S. recorded music market has been just under 9%, according to Nielsen Soundscan. Universal has had just under 30% of the market, while Warner's share has been 19%. Complete Article





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