Wednesday, September 10, 2008

Of Merger, Acquisition and Distribution

EMI Music and Warner Music Group Corp announced today a new marketing and distribution partnership in South East Asia, building on the companies’ existing relationship in India, the Middle East and North Africa. Under the multi-year license agreement, Warner Music Group will market and distribute EMI’s worldwide repertoire in Hong Kong, Indonesia, Malaysia, Singapore, Korea and Thailand. WMG will serve as the exclusive local physical and digital distributor of all EMI Music releases. EMI will continue to develop global digital partnerships which will include these territories. The financial terms of the agreement were not disclosed.

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