Universal Music Offers 'Robust Remedy' in Downtown Deal Review

Universal Music Offers 'Robust Remedy' in Downtown Deal Review

The Berlaymont building. Photo Credit: Guillaume Périgois Is the European Commission preparing to approve Universal Music’s proposed Downtown deal? Ahead of a February decision deadline, the major says it’s “submitted a robust remedy” addressing “the Commission’s only remaining concern.” Universal Music Group (UMG) confirmed the potential remedy in a brief (and somewhat vague) statement today. Spanning about 70 words – a portion of which appeare…

From UMG’s ‘robust remedy’ to address Downtown deal concern, to GoDigital Music’s Marc Anthony catalog buy… it’s MBW’s weekly round-up

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