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ivan@stellysee.de
| From | "Jaimie Vernon" <bullseyecanada@hotmail.com> |
| Subject | Re: Time-Warner will never learn: WEA and BMG looking to merge as equals |
| Date | Fri, 12 Sep 2003 11:07:56 -0400 |
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At Date: Wed, 10 Sep 2003 21:04:02 Mark wrote:
>if you have some room on one of your credit cards, YOU can OWN Universal
>Music,
LOL this is going to be my new signature file!!! Brilliant!
>Plus I suspect this is one of those deals in which shifting of liabilities,
>future risks, and debts is one of the key issues, similar to the recent
>Vivendi/Universal Pictures deal.
>
>So Warner gets some cash, a higher margin on the product they sell, and
>more
>control of the market, in exchange for giving up some ownership of
>something
>which is losing worth daily. Maybe a good deal, if the cash is right.
It's hot potato time. Everyone's blinded by what might or might not have any
value with the mergers. That isn't the point. The reason they're merging is
to dump a sinking commodity into the lap of someone with too much money and
usually little entertainment experience -- why else would a company like
Coca Cola or Seagrams or Six Flags get sucked up into the any of the
entertainment conglomerates? Because THEY want a piece of what is perceived
as market share....meanwhile, those conglomerates who actually own the
market share want to be the last one holding the stick of TNT.
The first few mega-mergers (A & M/Mercury into Polygram; Polygram into
Universal) seemed like a move toward world domination, but it's the
equivalent to owning all the cars on the race track...and now there's no one
left to sell the vehicles to.
Jaimie Vernon,
President,
Bullseye Records of Canada, Inc.
http://www.bullseyecanada.com
"Not Suing Our Customers Since 1985!"
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