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Staff at Warner and EMI have been waiting to see what happens to their companies for the best part of four years--if you trace their origins of their discussions hack to Midem 2000. It has been an unsettling wait.
But, when the resolution came it was ruthlessly speedy. Just four days after Edgar Bronfman Jnr and his partners had emerged as surprising front-runners to relieve Time Warner of its music operations the deal was signed. There may be twists yet to come in this story--not least with BMG and Sony still yet to gain regulatory approval for their own merger--but for now at least there is a temporary sense of some order being restored to the world of ...