News

Universal Music’s Downtown Deal Warrants In-Depth EU Investigation, Critics Say
More than 200 executives, founders and other representatives of the independent music industry said the deal threatens ...
Exclusive: Universal's $775 million Downtown bid faces EU antitrust investigation, sources say
Universal Music Group unit Virgin Music Group's $775 million acquisition of Downtown Music faces a full-scale EU antitrust ...
Over 200 Indies Including Beggars, Secretly Sign Letter Against Universal’s Downtown Music Acquisition
Virgin Music Group, a Universal Music Group (UMG) subsidiary, first floated the $775 million takeover of Downtown Music in ...
UMG’s Downtown Deal Sparks Forceful Memos From Virgin CEOs, Hundreds of Indie Music Execs
UMG’s Downtown deal sparked forceful memos and open letters from Virgin Records co-CEOs and, now, hundreds ofindie music ...
Music Business Worldwide2d
From Universal Music’s EU setback to Live Nation’s DOJ nightmare… it’s MBW’s weekly round-up
Reuters reported that the European Commission plans to escalate its investigation into Universal Music Group’s $775 million ...
Universal's Virgin Music CEOs push back against critics of Downtown Music deal
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 would create a ...
Complete Music Update4d
Full scale anticompetition investigation on the cards after UMG’s Virgin Music fails to allay EU fears over Downtown merger
The European Commission is set to launch a full-scale ‘phase two’ merger investigation into Universal’s Downtown deal after ...
Music Ally4d
Report: EC to launch full probe into UMG Downtown acquisition
An official announcement has yet to be made, but it seems Universal Music Group may be facing a full-scale investigation.
Music Business Worldwide5d
EU to launch ‘full-scale’ investigation into UMG’s $775m Downtown deal, Reuters reports
The European Commission is reportedly planning to open a “full-scale” investigation into UMG’s proposed acquisition of ...
Complete Music Update17d
European songwriter organisation ECSA joins call for EU to block UMG’s Downtown deal
Opposition to UMG’s deal to buy Downtown continues to build. Now ECSA has called on the EU to block the deal, sharing ...
Reuters17d
Universal's Virgin Music CEOs push back against critics of Downtown ...
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 would create a ...