"Observe it, the vulgar often laugh, but never smile, whereas well-bred people often smile, and seldom or never laugh. A witty thing never excited laughter, it pleases only the mind and never distorts the countenance."

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It strikes me as hubris that Universal will buy EMI. What it will do is create a super-major that will have far too much power... I think when Universal goes up over 40 percent market share, I don't see how reasonable regulators can countenance. It will impact not just labels, but artists and cultural diversity.

— Edgar Bronfman, Jr.