I actually interpreted the title as having the exact opposite emotion - the frustration that there are only three oligarchs in this entire business now.
It was frustrating to me personally. Of the 4 sharks, EMI was the most forward thinking one, at least to a degree a major label can be. If commenters recall, they were the first to jump onboard with iTunes, and explore other digital delivery avenues. They also tended to sign promising artists that graduated from smaller labels. A lot of artists and fans considered EMI the "biggest indie label".
EMI has been a shell of its former self for years though. No real new signings, and only Coldplay. They had a progressive streak when they hired some digital natives, but they left out of frustration quickly.
Yeah, that stood out to me too. Consolidation like this is one less to deal with, and it gets rid collusion between parties that should be independent, but fewer parties means less competition and fewer choices of vendor.