... force in the business, behind Universal Music Group. The deal, which may take several months to complete and would have to be approved by antitrust regulators, could result in thousands of layoffs and dozens of dropped artists. At a time when the music industry is in crisis and record sales have steadily declined, this merger would be the latest in a series of consolidation efforts designed to cut costs. In October, most employees at DreamWorks were absorbed by Interscope. But many industry sources think that shrinking the major-label market is not the way to solve the industry's woes. "You'd love to think merging would help create the new record-label model, but I don't think that will happen," says a BMG insider. "They need to be asking themselves how to change the business." The Sony-BMG merger would bring together two superstar-packed rosters. BMG is home to OutKast, Pink, Rod Stewart, Dave ...

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