Net News search results for: european commission
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August 7, 2015
Report: EU Finds No Collusion By Labels, Apple To Defeat Free Streaming
The EUROPEAN COMMISSION failed to find enough evidence for collusion among the major music labels and APPLE to prevent free streaming services from doing business, RE/CODE.NET reported, citing four sources with knowledge of the matter. Investigators … more »
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April 3, 2015
Report: New Apple Streaming Service Facing Anti-Trust Review
Is APPLE’s soon-to-launch music-streaming service set to run into a buzz saw in WASHINGTON, D.C.? Yes, reports THE NEW YORK POST, writing, "regulators in WASHINGTON have been holding talks with key music-industry executives in order to figure … more »
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January 27, 2015
Euro Indies Launch 10-Point Action Plan To Guide Digital Growth
Independent music companies launched a unique DIGITAL ACTION PLAN today, calling for a new EUROPEAN industrial policy to drive the digital market through the cultural and creative sectors, which account for 4.2% of EU GDP and 7.1 million EU jobs. The … more »
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August 29, 2013
Vivendi Revs Down 1.5%, But UMG Grows 16.3% With Acquisition Of EMI
VIVENDI, the parent company of UNIVERSAL MUSIC GROUP, has released its first half year 2013 financial results. The highlights: * Revenues: eu10.842 billion for the four companies in the perimeter, down 1.5% compared to first half 2012 * EBITA: eu.391 … more »
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May 16, 2013
BMG Concludes Acquisition Of Virgin Music And Famous UK Music Publishing Copyrights
Music rights management company BMG has concluded the acquisition from SONY/ATV MUSIC PUBLISHING and EMI MUSIC PUBLISHING of a series of music publishing catalogs, including worldwide rights in the VIRGIN MUSIC PUBLISHING companies, FAMOUS UK MUSIC … more »
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May 15, 2013
EU Approves WMG Acquisition Of Parlophone
In FEBRUARY (NET NEWS 2/7), WARNER MUSIC GROUP signed a definitive agreement to acquire the PARLOPHONE LABEL GROUP from UNIVERSAL MUSIC GROUP, for £487 million (around $765 million) in an all-cash transaction. Now, THE WALL STREET JOURNAL reports, … more »
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May 1, 2013
BMG Concludes Mute And Sanctuary Acquisitions
Music rights management company BMG has concluded the acquisitions of legendary recorded music catalogues MUTE and SANCTUARY from UNIVERSAL MUSIC GROUP. The MUTE catalog includes master recordings from such artists as DEPECHE MODE, NICK CAVE, GOLDFRAPP … more »
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February 27, 2013
UMG Sells European NOW! Rights, Co-Op Music
Fulfilling one of the final conditions for its acquisition of EMI MUSIC, UNIVERSAL MUSIC GROUP (UMG) has just sold EMI MUSIC’s European rights in "NOW That's What I Call Music!" to SONY MUSIC ENTERTAINMENT, subject to regulatory … more »
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February 15, 2013
BMG To Acquire Sanctuary Records
Music rights management company BMG has signed a binding agreement to acquire SANCTUARY RECORDS from UNIVERSAL MUSIC. The proposed sale, which is subject to regulatory approval by the EUROPEAN COMMISSION (EC), is part of a series of divestments mandated … more »
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January 11, 2013
Indies Question Sony/BMG Purchases Of UMG/EMI Spin-offs
Independent label trade body IMPALA has asked the EUROPEAN COMMISSION to scrutinize Sony/ATV's purchase of EMI PUBLISHING and UNIVERSAL's acquisition of EMI MUSIC so they don't "strengthen the duopoly that exists between UNIVERSAL and … more »