DANA POINT, Calif. (AP) -- Outgoing Warner Music chairman Edgar Bronfman Jr. says the proposed purchase of British recording company EMI by recording rivals Universal Music Group and Sony/ATV is "dangerous" and must be stopped by regulators.
Bronfman told a technology conference that the combination of EMI's recorded music division with Universal's as well as its publishing unit with Sony/ATV's would create overly dominant global players that could harm new digital music platforms and crimp payments to artists.
Vivendi's Universal and Sony Music's Sony/ATV announced in November that they would split EMI in two and purchase the parts for $4.1 billion combined.
Bronfman says Warner would actively fight to stop the deal.
(Copyright 2012 by The Associated Press. All Rights Reserved.)