Bronfman's prepared testimony outlines the potential lay of the land as the Warner director sees it and suggests the combined weight of EMI and Universal would stifle innovation:

"Universal/EMI would be almost as large as Sony and Warner combined. So you could think of this merger as creating one innovation-stifling dominant player, Universal/EMI. [A chart, citing IFPI, shows UMG's revenue share rising from 31.3% to 41.7% after merging with EMI, while Sony remains at 28.5%, Warner at 20.3%, and "other" ...