European Commission

  1. IMPALA Files Complaint Against YouTube with European Commission

    June 27, 2014 4:54 PM EDT IMPALA, the trade group of European indie labels, has finally filed a complaint with the European Commission against YouTube, which has been accused of engaging in antitrust conduct. Warner Music Working With Impala, Merlin to Sell Parlophone Asse ...

  2. How YouTube's Subscription Terms Will Hurt Indies – No Content Removal Required

    June 18, 2014 1:25 PM EDT 16 1.009 k 149 0 YouTube might not, in fact, take down music from indies it doesn’t have an agreement with... but it won’t pay them either. Right after Amazon appeared to take independent labels for granted with a take-it-or-leave-it payment scheme for it ...

  3. WIN's Alison Wenham on Licensing Imbroglio: 'YouTube Is Trying To Devalue the Streaming Market'

    June 06, 2014 2:41 PM EDT The on-going dispute between independent labels trade body The Worldwide Independent Network (WIN) and YouTube over licensing terms for its new music subscription service shows no sign of abating. On Wednesday June 4, it was confirmed that the Eur ...

  4. Nick O’Byrne Exiting From Australia’s Indies Trade Body AIR

    June 06, 2014 2:32 AM EDT Nick O’Byrne has resigned as GM of the Australian Independent Record Labels Association to focus on his myriad other music industry projects. A tireless campaigner for the indie sector, the Melbourne-based exec took on duties running AIR’s day-to- ...

  5. European Parliament Approves Net Neutrality Law in Landslide Vote

    April 03, 2014 11:36 AM EDT The European Parliament voted to stop Internet providers from charging for preferential access to their networks on Thursday, a step cheered by consumer groups but bemoaned by the telecommunications industry. The bill on "net neutrality" ...

  6. Updated: Warner Music Group’s Acquisition of Parlophone Approved by European Commission

    May 15, 2013 7:53 AM EDT The European Commission today approved the acquisition of Parlophone Label Group by Warner Music Group, WMG announced. In February, it purchased PLG from Universal Music Group for £487 million (around $765 million) in an all-cash transaction. Af ...

  7. IMPALA, Indies Ask EC to Investigate Sony-BMG's Parlophone Bid

    January 11, 2013 7:17 PM EST Independent music companies have raised concerns about a plan by Sony Corp. and Bertelsmann music venture BMG to bid for former EMI label Parlophone, arguing an acquisition would give the music giants, particularly Sony, too much market power. Viv ...

  8. BMG Acquires Mute Records Catalog

    December 21, 2012 6:15 PM EST In its second deal of the day, BMG Rights Management has acquired the Mute back catalog owned by EMI, which includes records released by artists like Depeche Mode, Erasure, Moby, Goldfrapp and Nick Cave. According to sources, BMG paid over 7 milli ...

  9. Jason Flom, John Rudolph to Bid for Universal's EMI Assets: Source

    November 15, 2012 4:15 PM EST Billboard has learned that former Bug Music CEO John Rudolph and Lava Records founder Jason Flom have partnered to throw their hat in the bidding ring for the EMI assets that Universal Music Group must sell as part of the terms of their acquisitio ...

  10. Business Matters: Artist Happiness as a Long-Term Investment

    October 01, 2012 9:23 PM EDT As interested parties line up for Universal Music Group's divested EMI assets -- particularly Parlaphone Records -- artists and managers are encouraging bidders not to forget about the artists. Jon Webster, CEO of the Music Managers Forum (MM ...

  11. Read: Universal Music CEO Lucian Grainge's Letter to Staff About EMI Merger

    October 01, 2012 11:20 AM EDT This morning, Universal Music Group CEO Lucian Grainge sent out an internal memo to staff regarding the company's recent acquisition of EMI's recorded music division , which was approved by both the European Commission and the FTC on Sep ...

  12. Business Matters: Universal's Deal for EMI No Longer a Sure Thing, But Still Worthwhile

    September 21, 2012 10:00 PM EDT How much will Universal Music Group miss that pound of flesh the European Commission took when it forced considerable concessions from the world's largest record company in exchange from its approval of a merger with EMI Music? That's th ...

  13. Universal-EMI: Lucian Grainge, IMPALA, Martin Mills, Other Reactions to Deal's Approval

    September 21, 2012 3:14 PM EDT As expected, the approval by the European Union and the Federal Trade Commission has inspired a number of dramatically opposing comments and reactions from the parties affected by and involved in the deal. Here's a collection of several we� ...

  14. FAQ on Approval of Universal Music - EMI Deal

    September 21, 2012 1:50 PM EDT As Universal Music Group's acquisition of EMI Music's recorded music division today received approval from both European and U.S. regulators , details have emerged about the exact steps Universal must take to win European Commission supp ...

  15. Universal Music's Acquisition of EMI Approved by Federal Trade Commission

    September 21, 2012 12:50 PM EDT The Federal Trade Commission has weighed in, rubber stamping the EU's decision to approve the Universal Music Group 1.2 billion euro acquisition of EMI, as expected. The Commission voted 5-0 to close its investigation without taking any actio ...

  16. EMI CEO Roger Faxon, CFO Ruth Prior to Step Down: Read Full Text of Letter

    September 21, 2012 10:19 AM EDT Not long after Universal Music Group's acquisition of EMI's recorded-music division was approved by the European Union on Friday, EMI CEO Roger Faxon announced that he and CFO Ruth Prior will be leaving the company, effective next Friday ...

  17. Universal-EMI Merger: A Timeline Of Events

    September 21, 2012 6:32 AM EDT The European Commission's approval of Universal Music's acquisition of EMI's recorded-music division -- albeit with major concessions -- is a milestone in a process that began some 15 months ago, was debated in the U.S. Senate, and ...

  18. Universal Music-EMI Deal Approved by European Union

    September 21, 2012 6:19 AM EDT European Union regulators today formally approved Universal Music Group's $1.9 billion acquisition of the recorded music unit of EMI Music. As expected, the approval is contingent upon divestments to limit the combined companies' market ...

  19. Universal Music-EMI Deal Expected to Be Approved by EU Friday

    September 13, 2012 7:11 PM EDT The Universal Music Group's proposed acquisition of EMI is headed for the endgame in the regulatory process. According to sources, on Friday the European Commission will put the deal and the concessions package to vote before full college of ...

  20. Bertelsmann CEO Thomas Rabe on BMG Rights Mgm't, EMI Acquisitions, Getting Back Into the Record Biz

    August 31, 2012 2:15 PM EDT Thomas Rabe, CEO of Bertelsmann, doesn't discount the idea of his company getting back into the record business. BERLIN - Bertelsmann, Europe's largest media group, which controls European broadcaster RTL Group and production powerhouse ...

  21. Bertelsmann H1 Earnings Rise, Interested In EMI Assets

    August 31, 2012 10:08 AM EDT Bertelsmann, which owns BMG Rights Management and Arvato, posted a net profit of 353 million euros ($443.95 million)on revenues of 7.6 billion euros ($9.6 billion) for the six month period ended June 30. That performance represented a 31.2% increa ...

  22. White Paper Urges FTC to Block UMG-EMI Deal; EU Nat'l Regulators Slated To Vote on Merger

    August 30, 2012 8:30 PM EDT The American Antitrust Institute, a Washington-based non-profit education, research, and advocacy organization, has issued a white paper entitled "Music Industry Consolidation: The Likely Anticompetitive Effects Of The Universal/Emi Merger&qu ...

  23. Morning Fix: Canada Approves UMG-EMI; Grammy Noms To Nashville; iPhone Leaks, Flaming Lips' Pub Deal

    August 21, 2012 8:20 AM EDT Universal-EMI Merger Approved By Canadian Regulators Universal Music Group's proposed acquisition of EMI's recorded music division has passed another hurdle, albeit not the European Commission or FTC approval the companies are so activel ...

  24. Universal-EMI Merger Approved By Canadian Regulators

    August 20, 2012 3:33 PM EDT Universal Music Group's proposed acquisition of EMI's recorded music division has passed another hurdle, albeit not the European Commission or FTC approval that the companies are so actively seeking. Today, the Canadian Competition Burea ...

  25. Read: EMI CEO Roger Faxon's Letter to Staff About Universal Deal

    July 27, 2012 4:16 PM EDT Today, not long after Universal Music submitted the long-delayed divestment package for its proposed acquisition of EMI's recorded-music division to the European Commission , moving the process one big step closer to a conclusion. EMI Group C ...

  26. Updated: UMG-EMI Divestment Package Revealed: Universal to Keep the Beatles

    July 27, 2012 1:09 PM EDT A source close to the situation told Billboard.biz the contents of the divestment package submitted today by Universal Music Group for its proposed acquisition of EMI' s recorded-music division to the European Commission. If accepted, it will ...

  27. Universal Finally Submits Divestment Package for EMI Deal to European Commission

    July 27, 2012 10:59 AM EDT As predicted on Thursday, Universal Music Group on Friday submitted its long-delayed divestment package for its proposed acquisition of EMI's recorded-music division to the European Commission, moving the process one big step closer to a conc ...

  28. Exclusive: Naive's Patrick Zelnik Talks Universal-EMI Merger, Plan to Buy Virgin With Branson, More

    July 19, 2012 1:00 PM EDT Patrick Zelnik, founder and CEO of French independent label and distributor Naïve and co-President (for now) of Impala, the independent label association, has made international headlines over the last few days: On Monday a surprising op-ed he wro ...

  29. Updated: Universal Music Offers to Sell More Assets to Salvage EMI Deal

    July 19, 2012 8:41 AM EDT Universal Music has upped the ante in its efforts to gain approval for its proposed purchase of EMI's recorded-music division, offering to sell off even more parts of EMI, according to a report in Financial Times. The European Commission reje ...

  30. Updated: Richard Branson Interested in Buying Back Virgin Records With Impala's Patrick Zelnik

    July 17, 2012 7:59 AM EDT LONDON - Virgin Group founder Richard Branson has expressed his interest in a potential bid for the Virgin Records label he founded. Vivendi's Universal Music Group is meeting with European regulators in Brussels this week to discuss possible ...

  31. Universal Music to Submit Divestment Package Within 24 Hours; May Offer to Sell Virgin, EMI Classics in Certain Territories

    July 16, 2012 2:17 PM EDT Within the next 24 hours, the Universal Music Group will submit a package of assets it expects to sell beyond the publishing assets (including the Koch and Brentwood Benson Christian catalogs) already announced earlier this year. According to mult ...

  32. Universal Music May Divest Virgin Records, EMI Classics (Report)

    July 16, 2012 7:48 AM EDT LONDON - Vivendi's Universal Music Group could offer to divest Virgin Records and EMI Classics, as well as the distribution rights to independent label Mute to clinch European regulators' approval for its proposed acquisition of EMI' ...

  33. Radiohead, Pink Floyd Members Express Opposition To EU Draft Copyright Legislation

    July 11, 2012 1:54 PM EDT Newly proposed draft legislation by the European Commission designed to enhance cross-border digital licensing, streamline societies' royalty collection and combat piracy has been criticized by artists' lobbying body Younison, which repr ...

  34. Universal Music's Lucian Grainge Proposes 'Manifesto For New Music Industry'

    July 10, 2012 6:53 PM EDT Lucian Grainge has plans to sell assets, invest heavily in A&R, and keep EMI as intact as possible while trying to gain approval for Universal Music Group's proposed acquisition of EMI's recorded music division in both the U.S. and E ...

  35. Universal Appoints Jens Kessler as Chief Information Officer

    July 10, 2012 4:47 PM EDT Jens Kessler of Universal Music Group has been promoted to the company's position of chief information officer according to Boyd Muir, UMG's EVP/CFO. Kessler started at UMG in Germany, where he served as Vice President of IT, and quickly ...

  36. Vivendi Chairman Jean-Rene Fourtou Takes Charge of Universal-EMI Deal, Report Says

    July 07, 2012 1:18 PM EDT Vivendi chairman Jean-René Fourtou has taken leadership of Universal Music's proposed $1.9 billion acquisition of EMI's recorded-music division, hoping to persuade regulators not to block or overly diminish the deal, according to a repor ...

  37. Universal Music Group to File Response to European Commission's Statement of Objections Today

    July 05, 2012 12:04 PM EDT Universal is today expected to submit its written response to the European Commission's 194-page statement of objections over its proposed acquisition of EMI. The music major has until midnight (Central European Time) today (July 5) to reply ...

  38. ACTA Shot Down By EU; German, Austrian Music Industries Disappointed

    July 05, 2012 10:29 AM EDT The European Parliament voted on Wednesday in Strasbourg by a majority of 478-39 (with 146 abstentions) against ACTA, the anti-counterfeiting trade agreement. ACTA was signed by the European Commission along with ten nations including the U.S., Ca ...

  39. Universal-EMI Merger: European Commision's Statement of Objections Leak (Report)

    July 03, 2012 12:15 PM EDT As the music industry anxiously awaits whether or not Universal Music Group's purchase of EMI Music will be approved by European and U.S. regulators, the media is in overdrive reporting every twist and turn of the labyrinth process as if it w ...

  40. UK ISPs Called Upon To Police Copyright Infringement

    June 27, 2012 6:17 AM EDT LONDON - U.K. media regulator Ofcom said Tuesday that it expects key legislation against piracy to reach parliament around the end of 2012. New draft measures against illegal downloads outlined in an Ofcom post that are now open for comment " ...

  41. European Union to Reject ACTA Treaty

    June 22, 2012 10:59 AM EDT COLOGNE, Germany - European lawmakers put another nail in ACTA's coffin Thursday, insuring that the controversial anti-counterfeiting treaty will most likely be fail to pass the European Parliament. The Parliament's powerful Internationa ...

  42. Universal Music Group Receives Statement of Objections From European Commission Over EMI Deal

    June 19, 2012 5:55 PM EDT Universal Music Group has formally received the European Competition Commission's Statement of Objections regarding its proposed purchase of EMI's recorded music department, a step that the company had long expected part of the normal EU ...

  43. ACTA, European Copyright Legislation, Is Dead, Says Politician

    June 19, 2012 12:59 PM EDT COLOGNE, Germany -- ACTA is dead in the water, at least in Europe. That's the opinion of Alexander Alvaro, a member of the European Parliament who has been active in defending civil liberties in the European debate over the controversial pan- ...

  44. Universal Music's Acquisition of EMI To Face EU Commission's Statement of Objections

    June 08, 2012 8:38 AM EDT The approval process of Universal Music's acquisition of EMI's music division is entering another chapter as European Union regulators are preparing a list of concerns about the merger, according to EC Competition Commissioner Joaquin Al ...

  45. Queen Manager Jim Beach on EMI-Universal Deal: EMI Shouldn't Be Owned by a Private Equity Firm

    May 08, 2012 12:00 PM EDT Jim Beach, manager of U.K. rock band Queen, has spoken out in support of the proposed Universal-EMI merger. In a letter published in the British newspaper The Times on May 5, Beach said that: "Today's music business is very different to ...

  46. Australia's iTunes Music Store to be Probed on Pricing Points

    April 30, 2012 10:41 AM EDT Australia's iTunes Music Store is to be probed on its pricing points, according to reports. Apple Computer and Microsoft will be among technology companies asked to explain to Australia's Parliament why consumers pay considerably more fo ...

  47. It's Official: Sony-Led Acquisition of EMI Music Publishing Approved by EU

    April 19, 2012 12:06 PM EDT Despite vigorous protests from independent label groups , the Warner Music Group and digerati organizations, the Sony Corporation of America-led consortium's acquisition of EMI Music Publishing sailed through the European regulatory process, ...

  48. Sony's Acquisition of EMI to Be Approved Today, Sources Say

    April 19, 2012 12:05 AM EDT According to multiple sources, the European Commission is expected to announce Thursday its approval of the purchase of EMI Music Publishing by the Sony Corp. of America-led consortium. The news was first reported in the Financial Times. That acqu ...

  49. Zach Horowitz Appointed Chairman/CEO of Universal Music Publishing Group

    April 18, 2012 9:35 PM EDT Universal Music Group Chairman and CEO Lucian Grainge announced today that Zach Horowitz would be moving from his position as President and Chief Operating Officer at UMG to become the new Chairman and CEO of Universal Music Publishing Group. UMPG ...

  50. Universal Music's EMI Acquisition Supported by SAG-AFTRA, AFM

    April 18, 2012 7:06 AM EDT LOS ANGELES (AP) -- Universal Music Group has won the qualified support of two North American artists' unions for its proposed $1.9 billion acquisition of the recorded music division of the U.K.'s EMI Group Ltd. The unions gave their con ...

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