Warner Music and Indies

Which brings us to another doggedly-entrenched behemoth, Warner Music Group.  Just like Live Nation, Warner has money-hemorrhaging tendencies and obese executive compensation packages, but is also poised to exert lots of market control. Which is why the company has just inked an agreement with indie consortia Merlin and Impala to sell or license bits of its soon-to-be-acquired Parlophone Label Group.  Which is a bone that may go a long way towards explaining why these indie groups supported the purchase from UMG+EMI in the first place.

Source: Digital Music News