Music: Merger

A musical merger capitalized by Columbia Broadcasting System to the extent of some three million dollars and involving seven leading concert managements∙was last week effected in Manhattan. Immediate advantage of the merger appeared to lie in the economies made possible by unified management, elimination of petty competition and wasteful duplication. (Small cities have sometimes had three artists of the first magnitude performing within a single week, then no more music for the rest of the season). The merger does not necessarily provide for an immediate program of broadcasting by the management's...

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