Universal’s Virgin Music Group to Acquire Downtown Music for $775 Million
In a long-rumored move, Virgin Music Group, the independent music division of Universal Music, will acquire Downtown Music Holdings for $775 million ...
Yahoo Finance23d
Universal Buys Indie Music Specialist Downtown for $775 Million
(Bloomberg) -- Universal Music Group’s Virgin unit is acquiring Downtown Music Holdings LLC for $775 million in cash in one of the largest music-industry deals this year. Downtown was founded in ...
Spotify16d
Universal Music Group and Amazon Music ink new deal, including exclusive content… and with ‘Streaming 2.0’ at its heart
Universal Music Group (UMG) and Amazon Music have jointly announced a renewed worldwide licensing agreement today (December 23). According to a press release, the deal encompasses an “expanded ...