{"id":3137,"date":"2013-05-16T00:00:00","date_gmt":"2013-05-16T00:00:00","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2013\/05\/16\/impala-warners-parlophone-deal-will-help-re-balance-market\/"},"modified":"2013-05-16T00:00:00","modified_gmt":"2013-05-16T00:00:00","slug":"impala-warners-parlophone-deal-will-help-re-balance-market","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2013\/05\/16\/impala-warners-parlophone-deal-will-help-re-balance-market\/","title":{"rendered":"IMPALA: Warner&#8217;s Parlophone deal will help re-balance market"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-1051\" src=\"http:\/\/skylight.gr\/administrator_wordpress\/wp-content\/uploads\/2011\/10\/warnermusicgroup.bmp\" border=\"0\" width=\"160\" height=\"110\" \/><br \/>The regulatory approval of Warner Music Group\u2019s acquisition of Parlophone Label Group will \u201chelp to re-balance the recorded music market\u201d, according to indie trade association IMPALA.  <!--more-->  <\/p>\n<p>The statement comes following the European Commission giving the green light to the WMG\/PLG deal earlier today and said that both IMPALA and Merlin \u201cwill continue to implement their agreement with WMG\u201d which was conditional upon the Parlophone deal being completed.<\/p>\n<p>The agreement will allow IMPALA and Merlin members to buy, license or distribute \u201ca significant portion of PLG assets or their equivalent in WMG-owned assets.\u201d<\/p>\n<p>According to IMPALA it will also, \u201cvia strong behavioural commitments and capacity-building initiatives from WMG help to rebalance the recorded music market dominated by the stronger than ever duopoly made of Universal and Sony Music.\u201d<\/p>\n<p>Helen Smith, Executive chair, IMPALA, commented: &#8220;This marks the beginning of a new chapter for independent labels and their artists.&#8221;<\/p>\n<p>Source: Music Week<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The regulatory approval of Warner Music Group\u2019s acquisition of Parlophone Label Group will \u201chelp to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-3137","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\/3137","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=3137"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/3137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media\/1051"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=3137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=3137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=3137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}