IMPALA Rejects Member Requests For Details Of WMG Deal

In a rather cryptic press release indie label trade group IMPALA announced that it won’t announce any more details of its controversial deal to support a possible purchase or merger between WMG and EMI. 

The deal announced in February caused top European indie Ministry Of Sound to bolt the trade group and left many others scratching their heads an demanding details.  But IMPALA says they’ll have to wait:

"The Board of IMPALA has decided, in its judgment of the best interests of its members, to limit any further circulation or disclosure of the Warner agreement until such time as the parties agree that it may be fully publicly disclosed, and further fully informed discussion is possible."

"IMPALA is continuing the process of consulting with local associations, and accepts that this may mean that certain of them nonetheless may not be able to confirm their position until full disclosure is possible."