Concerns by rivals that Universal could dominate the music market if £1.2bn deal goes ahead may be justified The European Union's competition regulator has launched an in-depth probe of Universal Music Group's planned acquisition of part of British music company EMI, home to the Beatles, Coldplay and Katy Perry. Universal Music, which is owned by the French media company Vivendi, announced in November that it would buy EMI's recorded-music division for £1.
Regulators in the U.S. and Europe on Friday approved Universal Music Group’s $1.9 billion acquisition of the music division of EMI Group Ltd., giving the Los Angeles-based music company control of the Beatles music catalogue and the... Read Post
Universal Music Group today officially completed its $1.9 billion acquisition of EMI’s recorded music division, combining labels like Capitol Records, Def Jam Recordings, EMI Records, Interscope Records, Island Records, Motown Recor... Read Post
A U.S. Senate panel will hold a hearing on Universal Music Group's proposed acquisition of rival EMI Music, adding another step to a lengthy regulatory review of the $1.9 billion deal. (WSJ) No date has been set. Streamed music char... Read Post