World Music

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

Universal Music Publishing 'Now Has the Power to Shut Pandora Down...' By Paul Resnikoff - Feb. 5, 2013 - From Digital Music News Perhaps the only question is why Pandora 's top executives aren't cashing out faster . Because it's becoming increasingly apparent that this company lacks a sustainable business model, even if they successfully force recording royalty reductions through Congress. Enter Universal Music Publishing Group, which now looks like the second publishing behemoth to independently negotiate its rates with Pandora. The first step involves the cancellation of digital performance contacts with ASCAP and BMI, already in motion. The next step is creating a new deal with Pandora, on their terms. Read More: http://www.digitalmusicnews.com/permalink/2013/20130205umpg#-k5VKaX6LZyfbRB042A-Fw