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Universal Music to Defend $1.9 Billion EMI Deal in EU Filing
The Vivendi-owned music firm, whose artists include Lady Gaga, got an extension to respond to concerns raised by European regulators about the combined company's market share. read more
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Universal Music must sell more assets to acquire EMI, Brussels says
Europe's watchdog concerned that proposed $1.9bn takeover of EMI would create a behemoth with undue market power Universal Music – home to Rihanna and U2 – has been told by the European Commission to offer additional concessions if ... Read Post
EU competition regulator to probe Universal's planned takover of EMI
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... Read Post
NEWS BRIEF: UMG Bolts As WMG Nears EMI Win, Twitter Hires Music Exec, Radio Axe Falls & More
Universal Vivendi has reportedly walked away from talks to buy EMI's recorded music division leaving WMG close to a deal for around $1.5 billion. (WSJ) Is Twitter getting serious about music? They've hired former Disney Music market... Read Post