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Impala kicks against majors' merger plans.(News from Midem)
Impala confirmed at Midem that it has united with EMI and Universal to fight Sony and BMG's planned merger on vertical integration grounds.
The indie association's vice president Patrick Zelnick revealed Universal had decided to join Impala in the battle because it was worried about the consequences of vertical integration, especially with Bertelsmann, as its interests not only include BMG but a number of TV companies.
Zelnick, who is president of Naive, added that EMI was particularly concerned about what a merger would mean in France, where Bertelsmann's TV interests include 45.2% of Paris-based channel M6.
Both EMI and Universal have declined to publicly discuss their position on the merger.
At the same Midem press conference, last Monday, Impala also highlighted its key objection to the merger on horizontal integration grounds. It warned of yet more industry job losses, more artists being dropped and smaller labels struggling to get retail access if a second "super major" after Universal is created.
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