{"id":214057,"date":"2025-12-12T12:17:48","date_gmt":"2025-12-12T17:17:48","guid":{"rendered":"https:\/\/www.cyberlego.com\/web\/2025\/12\/12\/umg-addresses-european-commissions-only-remaining-concern-over-downtown-deal\/"},"modified":"2025-12-12T12:17:48","modified_gmt":"2025-12-12T17:17:48","slug":"umg-addresses-european-commissions-only-remaining-concern-over-downtown-deal","status":"publish","type":"post","link":"https:\/\/www.cyberlego.com\/web\/2025\/12\/12\/umg-addresses-european-commissions-only-remaining-concern-over-downtown-deal\/","title":{"rendered":"UMG Addresses European Commission\u2019s \u2018Only Remaining Concern\u2019 Over Downtown\u00a0Deal"},"content":{"rendered":"

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\n\tUniversal Music Group<\/strong> said on Friday it submitted a filing to the European Commission addressing the regulator\u2019s concerns that its planned acquisition of Downtown Music Holdings would thwart competition in the indie music space.<\/p>\n

\n\tIn November, the European Commission issued a statement of objections as part of its ongoing investigation into the proposed $775 million deal and required UMG to respond.<\/p>\n

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\n\tUMG said that after productive dialogue with Europe\u2019s antitrust regulator, it submitted a \u201crobust remedy that comprehensively addresses the Commission\u2019s only remaining concern.\u201d<\/p>\n

\n\t\u201cThis deal is about offering independent music entrepreneurs access to world-class tools and support to help them succeed,\u201d a UMG official said in an emailed statement. \u201cWe are confident that the Commission will recognize the benefits .. and clear the transaction swiftly.\u201d<\/p>\n

\n\tThe European Commission launched its probe in July into questions over whether UMG owning Downtown could give it access to \u201ccommercially sensitive data\u201d from rival labels through Downtown\u2019s Curve royalty accounting and rights management business as well as its artist and label services.<\/p>\n

\n\tThe Commission said UMG \u201cmay have the ability and incentive to gain access to commercially sensitive data that is stored and processed by Downtown\u2019s Curve, and that such an information advantage would hamper rival labels\u2019 ability and incentive to compete with UMG.\u201d<\/p>\n

\n\tDowntown operates several platforms widely used by independent labels and artists, including the royalty accounting platform Curve, the distribution services FUGA and CD Baby, and the publishing administration provider Songtrust.<\/p>\n

\n\tOrganizing bodies for independent music companies in Europe have opposed the deal, saying that the data concerns over the overlap in Downtown and UMG\u2019s businesses cannot be remedied and that the deal would hurt smaller companies\u2019 ability to compete. <\/p>\n


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Aller \u00e0 la source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Universal Music Group said on Friday it submitted a filing to the European Commission addressing the regulator\u2019s concerns that its planned acquisition of Downtown Music Holdings would thwart competition in the indie music space. In November, the European Commission issued a statement of objections as part of its ongoing investigation into the proposed $775 million […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-214057","post","type-post","status-publish","format-standard","hentry","category-musique","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"_links":{"self":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/214057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/comments?post=214057"}],"version-history":[{"count":0,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/posts\/214057\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/media?parent=214057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/categories?post=214057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cyberlego.com\/web\/wp-json\/wp\/v2\/tags?post=214057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}