I've posted several times on this, and will add links to all below at some point, but here's a fresh angle on this story - which is ideal to help you show some knowledge and understanding of the economic operation of the music biz, as well as the impact of digitisation. The story features Universal, so should remind you of the concepts you came across when studying British cinema...
The proposed 'merger' of Universal and EMI (basically, the British giant EMI being swallowed up by the US giant Universal) has been very controversial and may now be blocked as US politicians in the Senate have argued this would endanger competition in digital media, and threaten to push up CD prices by reducing competition. See http://www.guardian.co.uk/media/2012/aug/03/mediabusiness-emi.
I notice also that Universal have been providing the music used at the Olympics, a handy spot of global advertising there (their fellow Vivendi subsidiary NBC, the US TV network, are broadcasting the Games in the US): http://www.guardian.co.uk/sport/2012/aug/04/olympic-stadium-music-locog.
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