Universal Music, EMI Executives Defend Planned Merger (Andrew Seidman/Wall Street Journal)

Andrew Seidman / Wall Street Journal:
Universal Music, EMI Executives Defend Planned Merger  —  WASHINGTON—The chief executives of Universal Music Group and EMI Music told lawmakers Thursday that their planned merger is necessary to keep the record companies competitive in an industry plagued by online piracy and a digital market dominated by Apple Inc. and Amazon Inc.


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