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Re: [L-OT] Zomba has been bought by BMG

2002-06-11 by Joeri Vankeirsbilck

Elvis Presley wrote:

>>>subject says it all....
>>>      
>>>
>>Well, they were always distributed by BMG anyways,
>>so I guess it only makes sense...
>>    
>>
>And why is that so important? Zomba beeing bought by BMG I mean... Unless you're Britney of course.
>
It means the biggest Indie is gone... it's a symbol. You'll hear a lot 
of indie organisations crying.

Also, it shakes up the major scene as well: I think EMI might be headed 
to become the smallest major.

It also means a lot of people will lose their jobs: today already, Zomba 
announced that it's closing two of its Scandinavian companies. The 
entire catalogue and artist roster will merge under the BMG umbrella so 
several artists will lose their contracts as well. This move has a lot 
of implications for lots of people.

-- 
Joeri Vankeirsbilck
joeri@...

Belway Productions      -     http://www.belway.com
List-admin   Logic-users/SoundD*ver-users/Logic-TDM

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