Downtown Music

21 posts
Full scale anticompetition investigation on the cards after UMG’s Virgin Music fails to allay EU fears over Downtown merger public
Universal Music 4 min read

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 it failed to convince regulators that the transaction should proceed unhindered. With the rhetoric from UMG surrogates already at fever pitch, will the war of words get worse?…
Sam Taylor
“Keep music open” beg indie label bosses in letter to EU regulators asking for full investigation of UMG’s Downtown deal public
Universal Music 3 min read

“Keep music open” beg indie label bosses in letter to EU regulators asking for full investigation of UMG’s Downtown deal

The European Commission must instigate a more detailed ‘phase two’ investigation into Universal Music’s bid to buy Downtown, according to a letter signed by more than 200+ business leaders from across the indie music sector. The EC is currently undertaking an initial ‘phase one’ investigation…
Chris Cooke
Chris Cooke
WIN says EU regulators must consider “the structure of the music industry as a whole” when investigating UMG’s Downtown deal public
Downtown Music 3 min read

WIN says EU regulators must consider “the structure of the music industry as a whole” when investigating UMG’s Downtown deal

With EU regulators currently investigating Universal’s bid to buy Downtown, WIN has urged officials to consider “the structure of the music industry as whole”, arguing that it’s not enough to analyse market share, the EU should assess Universal’s aim to exert control across the digital supply chain…
Chris Cooke
Chris Cooke
Pressure mounts for Universal Music Group’s $775 million Downtown acquisition as MEP highlights UMG’s “unprecedented control” of music ecosystem public
Universal Music 6 min read

Pressure mounts for Universal Music Group’s $775 million Downtown acquisition as MEP highlights UMG’s “unprecedented control” of music ecosystem

After Dutch regulators referred UMG’s Downtown deal to the European Commission, an MEP who chairs a key economic committee has now formally flagged her concerns about the transaction to the Commission saying the deal gives the major “unprecedented control over routes to market and access to data”…
Chris Cooke & Sam Taylor
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