Universal's EMI takeover turns artists into 'assets'
Musicians whose labels are being sold off, such as Coldplay, Lilly Allen and Kylie Minogue, are being treated like commoditiesThough, to many, the European Commission's approval of the EMI sale to Universal Music will not come as a big surprise; to those artists finding themselves about to be sold off, the uncertainty of their future will slowly sink in with Friday's announcement.Outgoing EMI chief Roger Faxon has confirmed that labels such as Parlaphone, whose roster includes Coldplay, Lilly Al...
Guardian Music — Musicians whose labels are being sold off, such as Coldplay, Lilly Allen and Kylie Minogue, are being treated like commoditiesThough, to many, the European Commission's a... more info