FAC: We support Universal/EMI deal - as long as artists are given their rights back
The Featured Artists Coalition has come out in support of Universal’s bid to buy EMI Music, as long as artists under Universal/EMI are allowed to acquire their rights at market value.
A letter to the Financial Times from FAC co-chairs Ed O’Brien, Nick Mason and Sandie Shaw called the views of Patrick Zelnik (“A Universal EMI merger could rescue the music business”) both 'welcome and needed'.
They went on to say, however, that Zelnik omitted one important aspect – that ...
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