Universal Music has proposed a remedy to allay the European Commission’s concerns over its bid to buy Downtown Music. That ...

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’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 ...

Universal Music Group has submitted what it calls a “robust remedy” to the European Commission, following receipt of a ...

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 ...

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 ...

“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 ...

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 ...