From JYP’s AI artist venture to UMG’s Downtown deal inquiry pause… it’s MBW’s weekly round-up
Summary by Music Business Worldwide
2 Articles
2 Articles
EU suspends probe into UMG’s proposed Downtown Music acquisition
The European Commission has temporarily suspended its antitrust investigation into Universal Music Group’s (UMG) proposed $775 million acquisition of Downtown Music. The pause, announced on 2 September, comes as regulators await additional information from the companies involved. A Commission spokesperson said the “clock” on merger investigations can be stopped if requested material is not submitted on time, delaying the process until the inform…
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