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Downtown Music

14 posts
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 •
Universal “juggernaut” is crushing everything in its path says IMPALA as it asks regulators to see through “indie washing” of Downtown deal public
IMPALA • 3 min read

Universal “juggernaut” is crushing everything in its path says IMPALA as it asks regulators to see through “indie washing” of Downtown deal

IMPALA has again criticised Universal’s acquisition of Downtown, as well as confirming it is now in touch with multiple competition regulators in its bid to get the deal blocked. Those regulators, it adds, need to understand the impact the acquisition will have on access to market for indie labels…
Chris Cooke
Chris Cooke •
Beware the “wolf under the cape” in Universal’s Downtown land grab, warns Beggars boss as IMPALA calls for regulators to block the deal public
Downtown Music • 2 min read

Beware the “wolf under the cape” in Universal’s Downtown land grab, warns Beggars boss as IMPALA calls for regulators to block the deal

The independent music sector has called on competition regulators to investigate and block Universal’s Downtown Music deal, which is a “huge market share” grab according to IMPALA’s Helen Smith and part of the major’s bid for “utter dominance and control” according to Beggars boss Martin Mills…
Chris Cooke
Chris Cooke •
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