European Commission Will Scrutinize Warner Music Group Purchase of Parlophone


Source: Warner Music Group "Will Be Scrutinized" by European Regulators

By Paul Resnikoff - Feb. 7, 2013 - From Digital Music News

So what's the difference between a Warner Music Group and a Universal Music Group, anyway? In the eyes of European regulators, the answer might be 'not much,' which is why according to a pair of sources, Warner Music's now-confirmed, £487 million ($762 million) purchase of Parlophone Label Group is likely to get a stringent review or even a direct challenge from the European Commission in Brussels.

Read More: http://www.digitalmusicnews.com/permalink/2013/20130207eu

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