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Virgin Music Group completes acquisition of Downtown Music Holdings
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Virgin Music Group completes acquisition of Downtown Music Holdings
Virgin Music Group (VMG) has completed its acquisition of Downtown Music Holdings, the company confirmed on 20 February. The transaction follows approval from the European Commission, granted on 13 February, subject to Universal Music Group (UMG) divesting Downtown’s Curve royalty accounting business. VMG, which operates under UMG, first announced the proposed acquisition in December 2024. Alongside the completion of the deal, Pieter van Rijn ha…
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