Universal Music Group has proposed solutions to the European Commission's objections to the Downtown acquisition.
Universal Music Group has offered to divert a key subsidiary to secure regulatory approval of its $775 million acquisition of ...
MBW reported that UMG will commit to “divesting the entire Curve business, including all employees (except two retained ...
Universal Music has proposed a remedy to allay the European Commission’s concerns over its bid to buy Downtown Music. That ...
In UMG's $775 million Downtown deal, the EU has now issued formal objections, citing data-access risks and major competition concerns.
Universal Music Group has offered to sell royalty services platform Curve in an attempt to address EU competition concerns ...
UMG’s remedy proposal includes strict safeguards to maintain Curve’s viability during the sale process. The company must preserve the business’s “economic viability, marketability and competitiveness” ...
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 ...
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 ...