Feeds

Sony/BMG merger gets the nod

Regulators let it lie

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

The European Commission has approved the merger of Sony and BMG's respective music units.

Competition Commissioner Mario Monti gave the deal the nod despite complaints from other labels and smaller independents that a merger would reduce competition and lead to higher prices for consumers. There are no conditions attached to EC approval.

The new firm will account for 23 per cent of worldwide music sales, and one in three new releases in the US, according to Nielsen SoundScan. It still requires approval from the Federal Trade Commission in the US but that is expected within days.

The deal will leave 80 per cent of the market in the hands of the "big four" - Sony/BMG, Vivendi Universal, EMI and Warner. European regulators said they would keep an eye on the market and would "carefully scrutinise" any further consolidation. ®

Related stories

BMG to punt cheap, no-frills CDs
Sony - BMG wedding hit by EC spoiler
London council clamps down on Sony and BMG

Internet Security Threat Report 2014

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.