The record industry takes fright

Article Abstract:

The recorded music activities of EMI and Time Warner are to be merged bringing a number of cost savings, as well as creating the biggest catalog world wide with some 2 million songs. This puts the new company in a strong position to take advantage of changes likely to occur as a result of online distribution of music. The industry has to tackle piracy if it is to benefit from technological change. There is a need to agreement on technical specifications. Barriers to entry may also be diminishing in the industry for a number of reasons, and the increased importance of local artists, with the development of niche artists may benefit smaller firms.

Specialized Telecom Services, Wired Telecommunications Carriers, Entertainers & entertainment groups, Recorded Music Producers, Record Production, Internet, Music industry, Music producers (Persons), EMI Co.

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Harry Potter and the synergy test

Article Abstract:

The Nov 2001 launch of the film 'Harry Potter and the Philosopher's Stone' is the first major test of the cross-promotional synergies on which the merger of AOL and Time Warner was based. AOL Time Warner has used all its platforms to promote the film and linked activities.

On-Line Information Services, Videotex & Teletext, MOTION PICTURES, Motion Picture and Video Industries, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Consumer Audio Recordings, Integrated Record Production/Distribution, Prerecorded records and tapes, Publishing industry, Management, Online services, AOL Time Warner Inc., America Online Inc., AOL, Motion picture industry, Movie industry, Sound recording industry, Recording industry, Sound recordings, Harry Potter and the Philosophers Stone (Motion picture)

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