IMPALA was unhappy about UMG’s purchase of Downtown. Now it says WMG’s Revelator acquisition is ‘bad news for artists, fans, and Europe’s diversity’.

IMPALA, the European trade body representing over 6,000 independent music companies, has criticized Warner Music Group‘s agreement to acquire Revelator, calling the deal “bad news for artists, fans, and Europe’s diversity as [a] whole.” The statement, published on Thursday (April 2), came one day after WMG announced it had entered into a definitive agreement to … Continued

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source https://www.musicbusinessworldwide.com/impala-was-unhappy-about-umgs-purchase-of-downtown-now-it-says-wmgs-revelator-acquisition-is-bad-news-for-artists-fans-and-europes-diversity/

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