Is the European Commission preparing to approve Universal Music’s proposed Downtown deal? Ahead of a February decision ...
In UMG's $775 million Downtown deal, the EU has now issued formal objections, citing data-access risks and major competition concerns.
UMG responds to EU concerns over its $775M Downtown Music Holdings deal, aiming to resolve competition concerns in the indie music space.
IMPALA says it has "consistently called on regulators to take action against UMG’s 'juggernaut' strategy of serial acquisitions to gatekeep market access and exert power over digital services." By ...
Universal Music Group has submitted what it calls a “robust remedy” to the European Commission, following receipt of a ...
BRUSSELS (Reuters) -The two co-chief executives of Universal Music Group's Virgin Music Group on Thursday pushed back against critics of its $775 million acquisition of Downtown Music, saying the deal ...
After months of outcry from independent-music trade organizations, European regulators are officially preparing to investigate Universal Music Group‘s proposed $775 million acquisition of Downtown ...
“Justin Kalifowitz, Andrew Bergman and Pieter Van Rijn have built Downtown Music into one of the most diversified and respected operations in the world,” said JT Myers, Co-CEO, Virgin Music Group. His ...
A group of over 200 people representing independent music companies is pushing back against a proposed acquisition of Downtown Music in a new open letter to the European Commission (EC) issued on ...
A group of independent music companies and trade associations called on the European Union to launch an in-depth investigation into Universal Music Group's acquisition of Downtown Music Holdings, ...
The European Commission is set to investigate Universal Music Group's $775 million bid for Downtown Music Holdings over fears the deal could hinder competition for services for artists and independent ...