Add the world’s biggest record label to the list of companies standing up to Amazon.com Inc.
Amazon.com Inc. introduced advertising-free music streaming with more than a million songs, ramping up competition against Apple Inc., Spotify Ltd. and Pandora Media Inc.
“You have to find another job.”
"Our investment in EMI will create more opportunities for new and established artists, expand music output and consumer choice, and support new digital services."
- Universal Music on Sep 21, 2012