European Court Annuls Sony/BMG Merger
In a landmark ruling which will set important legal and political precedents, the European Union’s Court of First Instance has overturned the European Commission’s 2004 authorization of the Sony/BMG music merger. The Luxembourg Court pointed out that the Commission’s analysis of the Sony BMG case was left wanting in various fundamental respects. It contained a series of legal and economic errors which renders the...
Prince Cans NPG Music Club
Prince closed his pioneering NPG Music Club, the direct-to-consumer experiment that debuted in 2001. NPG focused on giving Prince’s fans a intimate relationship with the eccentric singer and was often hailed as the future of music. Ironically, the NPG Music Club received the 2006 Lifetime Achievement Webby Award, which is a sad footnote to the highly-regarded endeavor. Prince’s Letter To Club Members: Greetings Family, The...
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