EU Investigates Universal Music’s Downtown Deal
4 Articles
4 Articles
Community Music Names Rachel Kelly As General Manager Of New Publishing And Sync Offering
Six months on from the launch of Community Music, UNIFIED Music Group’s full artist services ecosystem and platform has now launched its new Publishing And Sync arm.Launched today, the addition of these new services aims to cement Community Music as a “one-stop shop” for recorded music, release and rights management. The new division will be headed by music and tech industry leader Rachel Kelly, who takes on the role of General Manager.Kelly joi…
Universal Music’s US$775m Downtown acquisition faces EU antitrust probe
Universal Music Group’s proposed US$775 million acquisition of Downtown Music Holdings is set to face formal scrutiny by European regulators, amid mounting concerns from independent music organisations and national competition authorities. The European Commission confirmed on Friday that it has accepted requests from Austria and the Netherlands to examine the deal under the EU Merger Regulation. Although the acquisition did not initially trigge…
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