Universal's EMI takeover: the great rock'n'roll swindle?

'Assets' displaced by Universal's takeover of EMI are being offered for sale to independent labels – is it a good deal?In the past few weeks, it has emerged that the head of Universal Music Group, Lucian Grainge, has offered to sell independent labels some of the assets he is acquiring as part of Universal's takeover of EMI. The aim is to avoid the deal being blocked on monopoly grounds – Universal is already the world's biggest music group, even without EMI folded in – and to quell the in...

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