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Virgin + UMG: Branson, Sharkey, Carter, Grainge Extol the Virtues...

Monday, June 15, 2009
by  presnikoff

What the top dealmakers are saying...

Richard Branson, Chairman of Virgin Group

"I'm thrilled to see Virgin back where it belongs at the heart of music and, once again, breaking the mould. Virgin Media's agreement with Universal is a world first and lays the ground for a truly unique service when it launches later this year.  It will give music fans all the MP3s they want for a small monthly fee whilst supporting the artists whose creativity is the lifeblood of music."

Feargal Sharkey, Chief Executive of UK Music
 

"This is fantastic news for music fans. UK Music has long advocated the potential of ISPs and music companies to strike commercial deals and launch groundbreaking new services. Today’s announcement from Virgin Media and Universal Music is therefore hugely significant. We would urge other ISPs to follow Virgin’s lead and create new music partnerships that offer the consumer legal access to the full range of content, regardless of platform."


Stephen Carter, Minister for Communications, Technology and Broadcasting

"Government has a role in creating the right legal and regulatory framework for rights and copyright.  However, the market will flourish through innovative commercial agreements between companies, and agreements such as this will help significantly in reducing any demand for piracy."

 

Neil Berkett, CEO of Virgin Media

"In terms of both convenience and value, our new music service will be superior to anything that's available online today and provides a fair deal for both consumers and artists. There is no better example of Virgin Media's commitment to harnessing digital technology to give customers what they want, when they want and how they want."

 

Lucian Grainge, Chairman and Chief Executive of Universal Music Group International

"Britain has a world-class reputation for artists and music.  Now British consumers will have access to a world-class digital music service.  I believe this puts all of us at the forefront of a new era."



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