IS INDEPENDENT MUSIC AT RISK? Universal’s Takeover Sparks Industry-Wide Backlash
More than 200 leaders from across the music world – including CEOs of independent labels, publishers, and artist services – have signed an open letter asking for an official investigation into a recent deal between two powerful players in the industry: Universal Music Group (UMG) and Downtown Music Holdings.In May, UMG quietly acquired a large part of Downtown Music’s...

