Thursday, December 13, 2007

Sony BMG marriage to be annulled in New Year?

It's looking much more likely that we might be back to five major labels in 2008, as Advocate General Juliane Kolkott has advised that the Court Of First Instance's ruling that the clearance given by Europe to the Sony-BMG merger be removed. Kolkott's advice is not binding, but is normally followed by the higher court.

God alone knows what would happen next - presumably a few years of legal merry-go-round followed by some token disinvestments. It's probable that CDs will be finally obsolete before this one gets sorted.