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Sony BMG Refile For EU Merger OK

By: Bruce Houghton
2007-02-02

Sony and Bertelsmann have refiled for EU regulators to approve a 2004 deal the combined the music companies, the European Commission said Thursday.

Regulators are re-examining the deal they cleared in July 2004 after an EU court negated the approval citing "manifest errors" in how the EU had determined that combining the companies wouldn't restrict customer choice.

For now its business as usual at Sony BMG. But even the hint of de-merger has cooled talks between EMI and WMG and has delayed the Universal BMG publishing merger.

View All Articles by Bruce Houghton




About the Author:
Bruce Houghton is a 25 year music industry veteran who owns booking agency Skyline Music and the tour marketing company Skyline Innovations.

http://www.hypebot.com




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