The merger of Sony and BMG, the world's top five record companies, has been officially approved by the European Union. It is reported that after the merger, the two companies will lay off 2000 people around the world, and it is estimated that the total annual expenditure will be saved by 360 million US dollars after resource sharing. For the merger of the two major record companies, fans are most concerned about whether their idol career will be affected. Sony Records of Taiwan Province Province recently sent "reassurance" to big-name singers such as Jay Chou, Faye Wong, F4 and Wang Leehom, making it clear that Jay Chou, Jerry Yan and Wang Leehom, which will release their new albums in August, will not be affected.
The combined Sony -BMG's total assets will rise from 45 billion pounds to 50 billion pounds, which will make it the second largest record company in the world, second only to Universal Records. In terms of Chinese records, both companies have singers who will release new records in the summer. Tianjian Liu, senior director of Sony Records in Taiwan Province, said that the singers would release their records as scheduled before receiving the merger instruction. Bao, director of BMG Chinese Department, revealed that the Head Office will announce the details of the merger today.
As the highest-selling Chinese singer of Sony's records, Jay Chou will release this year's new album "Qilixiang" on August 3rd. Besides filming MTV in Japan, the album cover will also be filmed in Vladivostok, East Russia, and Jay Chou will send out more than a dozen sets of "private group" uniforms purchased in Japan. Regarding the merger of record companies, Jay Chou said that he would only pay attention to being a good singer and would not ask about personnel changes.