Universal is about to sell Cooperative Music to PIAS according to a clutch of independent labels who have written to protest against the move.
In a letter sent to Music Week, a number of indie label bosses affiliated with Co-Op, including Heavenly Recordings’ Jeff Barrett and Lucky Number Music’s Stephen Richards in the UK, have expressed their ‘alarm’ at the pending sale.
Should the deal go through, the indies say, it would “result in a key independent player on ...
Register for a Music Week trial to access this article.
Sign up for your free trial to Music Week, the no 1 weekly trade magazine for anyone who needs to understand the business of music. For four whole weeks we will provide you with great, in-depth journalism that gets right inside the business of music in print and 24/7 online. With both the print and digital edition you will be able to enjoy the whole Premium experience of a subscription to Music Week - absolutely free.Start your free trial