Universal Music Group has proposed a solution to the European Commission's recently published objections over the major label's acquisition of music services company Downtown Music Holdings. The deal, first announced in Dec. 2024 via UMG's subsidiary Virgin Music Group, was struck for $775 million, the companies said at the time. UMG's fix would be to [...]
Variety
Universal Music Group Proposes Solution to European Commission Objections Over Downtown Acquisition
December 16, 2025
4 months ago
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