Universal buy EMI worldwide

US and UK regulators give the all clear for merger

Filed in Artrocker News, News at 12.21pm on 24 September 12

Artrocker NewsAfter a long treck, Universal finally bought out EMI worldwide on Friday after US and UK authorities gave the all clear, although the deals weren't without their conditions.

The buyout is largely beneficial to Universal because, as a part owner in the Spotify, the company would see a big growth in their licensing revenue.

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