Despite IMPALA's consistent and headline-grabbing opposition to the proposed £1.2bn Universal Music takeover of EMI, the EU indie label group's co-president Patrick Zelnik has tonight publicly backed the acquisition.
In a new first-person opinion piece entitled 'A Universal/EMI merger could rescue the music business', Zelnik writes:
"For 12 years at IMPALA... I have fought concentration in the music industry. However, as Universal Music awaits regulators' verdict on its £1.2bn bid for EMI's recorded music division, I think it could be ...
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