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It's bad enough having 5 huge sloth-like companies dominating the music business, the spectre of having that power concentrated to fewer companies is bad for consumers, IMO.
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You may very well be right, but it appears that no one's music division was making money and maybe the combination will ensure a better (at least financially) business model for music.
I thought about something else this morning:
Maybe this merger helps hirez by creating bigger support of both formats...? For instance, music alliances may add to profitability by rationalizing distribution lines and that may help free investment cash for hirez....also maybe a bigger company focusing on hirez titles leads to a more focused marketing effort and effort to do bigger name albums-ie. more clout for talking to artists/groups like the Beatles.
Just some food for thought...