Warner/Parlophone deal: what now for EMI & Virgin Classics?

- 8 February 2013

A ruling from European competition regulators has resulted in the richest archive of British classical music being sold to Warner Music Group of the US.
The £487m that Russian-born, London-resident industrialist and WMG owner Leonard Blavatnik paid for Parlophone will be a welcome addition to Universal’s coffers but the deal may not be good news for classical consumers.

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