{"id":1368,"date":"2012-02-06T18:16:12","date_gmt":"2012-02-06T18:16:12","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2012\/02\/06\/emi-opposition-to-universal-and-sony-mounts-as-reports-circulate-of-regulatory-filings-in-europe\/"},"modified":"2012-02-06T18:16:12","modified_gmt":"2012-02-06T18:16:12","slug":"emi-opposition-to-universal-and-sony-mounts-as-reports-circulate-of-regulatory-filings-in-europe","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2012\/02\/06\/emi-opposition-to-universal-and-sony-mounts-as-reports-circulate-of-regulatory-filings-in-europe\/","title":{"rendered":"EMI &#8211; Opposition To Universal And Sony Mounts As Reports Circulate Of Regulatory Filings In Europe"},"content":{"rendered":"<p><span class=\"normal\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-1006\" src=\"http:\/\/skylight.gr\/administrator_wordpress\/wp-content\/uploads\/2011\/10\/emi_logo-300x145-copy.jpg\" border=\"0\" width=\"160\" height=\"77\" \/><br \/>As reports circulate of regulatory filings in Europe weeks  after the USA, independent music companies confirm their opposition to the  proposed sale of EMI to Universal and Sony, the world&#8217;s biggest music companies.   <!--more-->  Protest is also spreading at national level, following initiatives led by  independent associations such as AIM in the UK, while European body IMPALA fully  expects regulators in both the USA and Europe to block the transactions  outright. <\/p>\n<p>Helen Smith, Executive Chair of IMPALA, commented: &#8220;Neither  the USA nor Europe wants to see the music sector become a two-horse race, devoid  of competition from any other companies.&#8221; IMPALA also confirmed it has already  made initial submissions to both the FTC and the European Commission, setting  out the concerns of the independent sector regarding the plan by Universal and  Sony to carve up EMI, their second closest rival, between them. <\/p>\n<p>Recent  statistics show that, although independent artists account for 80% of all new  releases, they make up less than 6% of the Top 100 for airplay and downloads  across Europe. The EC has ruled that control of the Top 100 is important because  it makes up 60-80% of online revenues. More diversity would be expected in the  Top 1000, but even there, fewer than 10% of the artists are independent. A new  report by Emmanuel Legrand for EMO and Eurosonic\/Noorderslag highlights that  Universal\/EMI and Sony alone would account for 76% of the Top 200 European  airplay and downloads. The report also shows that USA repertoire dominates key  European territories, accounting for 50% of radio play and download sales. This  new evidence will concern the regulators when the weighing up whether two  companies should control such a large proportion of the world&#8217;s music, in terms  of both recording and publishing. <\/p>\n<p>Reports in the past few days indicate  that ratings agency Moody&#8217;s has placed the credit score of Universal&#8217;s owner,  French media giant Vivendi, on review for a downgrade because of the &#8220;regulatory  risks&#8221;, confirming wider concerns that Universal might have bitten off more than  it can chew. <\/p>\n<p>Source: <\/span><a href=\"http:\/\/www.impalamusic.org\/\" target=\"_blank\">http:\/\/www.impalamusic.org<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As reports circulate of regulatory filings in Europe weeks after the USA, independent music companies&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1006,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-1368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=1368"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1368\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media\/1006"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=1368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=1368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=1368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}