Whoa! Am I reading this correctly? Has Universal Music Group, parent company of classical/jazz labels Deutsche Grammophon, Decca Records, Decca Classics, Mercury Classics, and distributed label ECM, really "deepened [its] commitment to jazz and classical music [and the] company's unwavering commitment to building upon its rich history in both genres" by announcing, on May 19, that it has lumped those US labels together with jazz label Verve under the new Verve Label Group? Note as well that it has also appointed Danny Bennett, the Grammy and Emmy Award-winning music, film, and TV producer who manages the career of his father, Tony Bennett, as the Verve Label Group's President & CEO.
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