In a report by The Telegraph, the producer known as 'the fifth Beatle' refers to the approval of EMI's Sony/ATV deal, and a pending deal with Universal, as creating a "virtual monopoly", adding that he is "saddened that great companies have been swallowed up by the giants" that may potentially dominate the industry.

Martin ultimately calls the situation "the worst thing that music has ever faced," according to the broadsheet.

He also referred to the classical music sector saying that, ...