DigitalMusicNews
IMPALA, IMPF, and AIM are protesting Universal Music’s newly announced Downtown acquisition, which they say threatens the indie sector and competition generally. Those organizations reached out to DMN with firmly worded comments about the $775 million deal in question. Unveiled yesterday and expected to wrap (pending regulatory approval) sometime around the middle of 2025…
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IMPALA, IMPF, and AIM Protest UMG/Virgin Acquisition of Downtown Music: ‘A Continuing Trend Towards Over-Consolidation’
IMPALA, IMPF, and AIM are protesting Universal Music’s newly announced Downtown acquisition, which they say threatens the indie sector and competition generally. Those organizations reached out to DMN with firmly worded comments about the $775 million deal in question. Unveiled yesterday and expected to wrap (pending regulatory approval) sometime around the middle of 2025…