Word: emi
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...move too quickly, without assessing the E.U. regulators? Should you have paid more heed to their rejection of the deal by Time Warner [parent company of TIME] to buy EMI...
...move quickly. The deal had been made. We liked Honeywell, and we'd had a good handle on them for a long time. This wasn't like the Time Warner-EMI deal. In that case, there were overlaps in music. There was no overlap here. The difference was that our competitors had an enormous say. They made their case so strongly that the regulators believed...
...ears, but most of what they're listening to is pirated: either out-and-out rip-offs, or legitimate CDs written off as destroyed that somehow manage to fall off a truck and get sold in an alley. "It's pretty devastating to all the majors," says Cindy Tai, EMI's managing director for China, who estimates fakes comprise 95% of the cassette market and slightly less for CDs. But while many record companies are sitting back and hoping things will improve once China enters the World Trade Organization, Matt Clark has different ideas. International representative for Beijing-based Pulay...
...Well, Warner Music, Bertelsmann, and EMI are partners in MusicNet, which is the RealNetworks venture that CEO Rob Glazer's is out trumpeting these days. Sony and Universal are partners in Duet, which Yahoo already has a stake in, and Bertelsmann has a side deal with Napster...
...swapping service Napster is a shell of its former self, with 1.6 million copyrighted tunes now fully blocked by court order. And the music industry has not wasted time before stepping into the void. Its first Ping-Pong ball was served in the early hours of Monday morning, when EMI, Bertelsmann and Warner Music--three of the labels long lampooned as dinosaurs that didn't get the Net--were inking a deal with Real Networks and AOL after a year of top-secret negotiations...