Developments appear to be afoot with the European Commission’s probe into Universal Music Group’s acquisition of Downtown Music Holdings. At least, that’s according to Bloomberg, which reported that the deal will face a “formal warning” from the EC “imminently”. That means an official statement of objections, which would outline the EC’s competition concerns around the deal. […] The post is from Music Ally.| Music Ally
Learn about the BeatBread Global Independence Fund and its commitment to enhancing opportunities for independent music labels.| Music Ally