To please the EC, AOL has offered to change the structure of its joint control of AOL Europe with Bertelsmann and wait three years before using AOL's U.S. dominance as a leveraging tool in Europe. They have vowed to refrain from forcing content providers who want to be a part of AOL U.S. to sign exclusivity deals with the less-dominating AOL Europe. EMI has also promised to wait three years in providing preferential access of its music to AOL/TW properties. This assumes that the three-year window will give the competition enough of a head start or that by 2004 or so everyone will have forgotten any objection to AOLTWEMI.
Last Wednesday (9/6), EMI Group Chairman Eric Nicoli, EMI Recorded Music Worldwide President/CEO Ken Berry, Time Warner President Richard Parsons and Warner Music Group Chairman Roger Ames met with the European Commission in Brussels in an attempt to assuage their concerns (hitsdailydouble.com 9/7) and eat some delicious Belgian waffles.
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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