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EMI builds links with indie body.

Music Week

| July 06, 2002 | COPYRIGHT 2002 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

EMI is set to forge closer links with independent labels body Impala, after investigating the possibility of joining the association.

It is understood that EMI boss Alain Levy--who has regularly billed the company as "the world's biggest independent" since joining last October--asked Impala about the possibility of joining last month, and that this was discussed at the organisation's board meeting in London a fortnight ago.

Such a prospect has been ruled out because of Impala's rules which state that 50% or more of any member's shares must be owned by a non-major; a major is defined as a company which has a global market share of more than 5%.

But, while an Impala spokesman declined to comment on the development, a source says ...

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