IMPALA and its members confirmed yesterday that they will oppose the merger between Sony and BMG, making the following statement:
“BMG and Sony claim that the merger is a “bold move to reinvent and revitalise the music business” which will “bring greater value to consumers” and mean that “artistic expression can thrive”.
We welcome all moves to reinvent and revitalise the music business and deliver more value to consumers but that will only be achieved through more competition not more concentration. It is equally difficult to see that artistic expression will thrive if we make it harder for the majority of music companies to compete.
The merger is a bold move to make it even more easy to control the marketplace by reducing competition, consumer value and choice”. [more @ www.mi2n.com]