Federal Trade Commission

  1. FTC Accuses T-Mobile of Millions in Bogus Charges

    July 01, 2014 2:54 PM EDT The Federal Trade Commission is alleging that T-Mobile USA, Inc., made "hundreds of millions" of dollars off its customers through bogus charges. Related T-Mobile to Make Customers’ Data Free When Streaming Music Meet ROK Mobile, a Sligh ...

  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. YouTube Confirms Subscription Service Imminent, Warns of Takedowns

    June 17, 2014 12:00 PM EDT 71 4.982 k 303 0 YouTube has confirmed it is close to launching its music subscription service, even as it in the process of pulling down some of the biggest indie label acts in a dispute over payments. Google Transfers VP of Engineering Venkat Panchapake ...

  4. A2IM, WIN Join to Fight YouTube's Licensing Tack

    June 05, 2014 10:30 AM EDT A2IM, the American Association of Independent Music, has joined its European counterparts in asking the regulatory agencies to intervene on their behalf with YouTube, which it accuses of using heavy-handed tactics to force them to license the vide ...

  5. Appeals Court: Digital Music Store Was Illegal Pyramid Scheme

    June 02, 2014 4:54 PM EDT A federal appeals court determines that BurnLounge was focused in building revenue through participant recruitment, not through sales of any product. BurnLounge, a New York-based company that launched a decade ago, has failed in its bid to legitim ...

  6. Arbitron Shareholders Approve Nielsen Acquisition

    April 16, 2013 6:31 PM EDT The proposed purchase of Arbitron by Nielsen Holdings today took a step closer to realization as the radio ratings company’s shareholders voted to approve the acquisition at its company's special meeting of stockholders. Business Matters: ...

  7. Rizvi Traverse On Verge of Acquiring SESAC

    December 21, 2012 11:15 AM EST Rizvi Traverse, a private equity firm, appears to be on the verge of acquiring SESAC, according to a filing with the SEC. On Dec. 11, Rizvi Traverse's Rizvi Opportunistic Equity Fund II, L.P. filed for an early termination notice from a Hart- ...

  8. Universal Announces New Structure, Appointments for Nashville Label Group

    October 29, 2012 6:27 PM EDT In the wake of the EU and FTC's approvals of the Universal Music/EMI merger , the integration of the two companies' Nashville operations is coming together under chairman/CEO Mike Dungan. The four imprints within Universal Music Group Na ...

  9. Columbia COO Steve Barnett in Line to Head Up Universal's New Capitol Label Group: Source

    October 05, 2012 4:20 PM EDT Columbia Records co-chairman/COO Steve Barnett is potentially days away from taking the helm of a new Capitol Label Group at Universal Music, a source close to the situation told Billboard.biz Friday afternoon (October 5). The source stressed that ...

  10. Warner-Owned Artist Arena Fined $1 Million By FTC

    October 04, 2012 5:21 PM EDT A Warner Music Group-owned company has settled with the Federal Trade Commission for $1 million over charges that it violated the Children's Online Privacy Protection Act related to websites it operates for Justin Bieber, Rihanna, Demi Lovato ...

  11. Morning Fix: Mumford & Sons Face Muse; Nielsen Numbers; Bieber, Rihanna Fan Sites Fined $1 Mil; Replacements Reunion?

    October 04, 2012 7:34 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. JOHN JANICK NAMED PRESIDENT/COO OF INTERSCOPE GEFFEN A&M: It's official: John Janick has been named president and chief operating officer of Interscope Geffen A&a ...

  12. 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 ...

  13. 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 ...

  14. 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� ...

  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. 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 ...

  17. 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 ...

  18. 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 ...

  19. EU to Vote on Universal-EMI Deal Tomorrow, Outcome Uncertain: Sources

    September 06, 2012 8:43 AM EDT Things are coming to a head in the European Union commission's review of Universal Music Group's bid to buy EMI's recorded-music operation. On Friday, an EU advisory committee is expected to vote on whether or not to approve the acq ...

  20. Morning Fix: EMI/Universal; Scooter Lands Psy; AEG's Michael Jackson Emails

    September 04, 2012 8:30 AM EDT Head HERE to subscribe to Billboard's FREE music-business newsletters. SCOOTER BRAUN, KOREAN VIRAL VIDEO SENSATION PSY ANNOUNCE LABEL PARTNERSHIP: Scooter Braun and Psy, the Korean pop star whose video for "Gangnam Style" this summe ...

  21. 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 ...

  22. Universal Music-EMI Update: Where the Deal Stands Before Things Heat Up This Week

    August 24, 2012 5:13 PM EDT While things have been a bit quiet recently around the Universal Music Group's proposed acquisition of EMI, expect them to heat up toward the end of this week and especially after the Labor Day weekend. Universal/EMI: Deal Looks Likely to Be ...

  23. Morning Fix: House Sends Letter on UMG-EMI; Spotify 2011 Revenue Up; Trey Songz Headed for No. 1; RIP New Albion

    August 23, 2012 8:25 AM EDT TREY SONGSZ HEADED FOR FIRST NO.1: R&B singer Trey Songz is aiming for his first No. 1 album on the Billboard 200 chart with his new Songbook/Atlantic album, "Chapter V." Other albums in the hunt for a high debut next week include DJ ...

  24. 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 ...

  25. 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 ...

  26. Universal Music In Talks With EU on Adding Global Rights To Remedies Package For EMI Deal

    August 10, 2012 12:40 PM EDT After market testing Universal Music Group's remedies package for its proposed acquisition of EMI, European Union regulators and UMG are in discussions to add global rights divestitures to the package, according to sources. Currently, the UMG ...

  27. Pressure Mounts For Universal Music To Make U.S. Concessions on EMI Deal

    August 06, 2012 8:06 AM EDT Universal Music Group's proposed remedy package to satisfy government regulators that they are divesting enough assets to allay antitrust concerns is facing increased pressure to include solutions that will make the sales of Anglo/American re ...

  28. Senators' Letter on Universal Music-EMI Deal Warns of 'Significant Competition Issues'

    August 03, 2012 1:24 PM EDT Two U.S. Senators today sent a letter to the Federal Trade Commission, asking it to carefully review Universal Music Group's proposed acquisition of EMI. "Without reaching any final judgment as to the legality of the deal under the antit ...

  29. A2IM Speaks Out Against Universal-EMI Merger Again, Even More Forcefully

    July 30, 2012 7:19 PM EDT A2IM, the American Assn. of Independent Music, has reiterated its opposition to the Universal Music Group's acquisition of EMI in its most forceful statement yet . The statement is apparently prompted by the remedy package the Universal Music ...

  30. Universal/EMI: Deal Looks Likely to Be Approved, But at What Cost to UMG?

    July 26, 2012 3:30 PM EDT The extensive, lengthy and ongoing negotiations between the Universal Music Group and the European Union Commission to hammer out a concessions package of assets to be divested means that the regulatory agency is likely to approve the acquisition ...

  31. Universal Music's Concessions Grow in EMI Deal; Sale of Virgin U.K. Looks Likely

    July 17, 2012 11:01 PM EDT The Universal Music Group will take some extra time to prepare and submit its remedies package to the EU Commission, as part of its gambit to win regulatory approval to acquire EMI's recorded-music division. Depending on who you listen to, th ...

  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. 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 ...

  34. Updated: Sony-Led Group Closes Purchase of EMI Music Publishing

    June 29, 2012 10:54 AM EDT The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- wh ...

  35. Opinion: Music Labels Are No Longer Gatekeepers, by David Balto

    June 27, 2012 1:28 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division has fostered no small amount of conversation, opinion and commentary, and we're happy to host all three on ou ...

  36. Opinion: Universal-EMI Senate Hearings Filled With Misinformation, Missed Opportunities

    June 26, 2012 5:14 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division was a symphony of mission statements, missed opportunities and misinformation. Amid it all, there were some solid ...

  37. Highlights From Azoff, Grainge, Bronfman Testimony in Today's Universal-EMI Senate Hearing

    June 21, 2012 8:01 AM EDT At 1:30 p.m. today, the head of Universal Music Group and EMI will appear before a Congressional hearing to argue for the proposed sale of EMI's music catalog to Universal. Both Lucian Grainge and Roger Faxon will act as witnesses in support ...

  38. Business Matters: Lobbying, Spending Heat Up Before Universal/EMI Senate Hearing

    June 20, 2012 6:00 PM EDT Lobbying Heats Up Before Universal/EMI Senate Hearing -- Stakeholders have been spending and strategizing ahead of Thursday's Senate Judiciary subcommittee hearing on Universal $1.9 billion acquisition of EMI Music's recorded-music divis ...

  39. Lucian Grainge, Roger Faxon, Irving Azoff to Testify at EMI/Universal Deal's Congressional Hearing

    June 15, 2012 2:04 PM EDT The heads of both Universal Music Group and EMI are expected to appear before a U.S. Congressional hearing June 21 to argue for the proposed sale of EMI's music catalog to Universal, Reuters reports . Both Lucian Grainge and Roger Faxon will ...

  40. Business Matters: Critics of Universal-EMI Merger Still Lining Up, But Outcome Still in Doubt

    May 17, 2012 6:30 PM EDT UMG's Acquisition of EMI Expected to Experience Bumpy Road to Approval Universal Music Group's planned acquisition of EMI's recorded music division continues to spark commentary and criticism. European regulators approved the acquis ...

  41. Senate to Hold Antitrust Hearings on Universal-EMI Deal

    May 11, 2012 7:41 PM EDT A U.S. Senate panel will hold a hearing on Universal Music Group's pending acquisition of EMI's recorded-music division, according to the Wall Street Journal and other media reports. The move adds another step to the complex regulatory r ...

  42. 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 ...

  43. Obama Administration Proposes New Online Privacy Rules

    February 23, 2012 7:47 AM EST NEW YORK (AP) -- The Obama administration is calling for stronger privacy protections for consumers as mobile gadgets, Internet services and other tools are able to do a better job of tracking what you do and where you go. Administration officials ...

  44. IMPALA Issues Statement on EMI Sale

    January 26, 2012 10:40 AM EST As the date approaches for regulatory statements on the sale of EMI and MIDEM begins this weekend, IMPALA has issued a statement on the sale. In November, hortly before the sale, IMPALA called for the European Commision to intervene on its behalf. ...

  45. Google to Merge User Data Across More Services, Raises Privacy Concerns

    January 25, 2012 7:54 AM EST LOS ANGELES (AP) - Google announced a plan Tuesday to link user data across its email, video, social-networking and other services that it says will create a "beautifully simple and intuitive" user experience. But critics raised privacy ...

  46. This Week in Billboard History: First Openly Gay Comedy Album Released; Is Rock Dead?

    January 24, 2012 2:30 PM EST Even before the Beatles backlash, radio programmers were resistant to "raucous" rock and roll preferring to play anodyne "sweeter, swinging sounds." - 1960: Will Rock & Roll Be Replaced by "Sensible Programming"? ...

  47. FTC Reviewing Citigroup's Sale of EMI To Universal, Sony: Report

    December 22, 2011 12:09 PM EST The FTC is reviewing Citigroup's sale of EMI's recorded music and publishing divisions, according to a New York Post report . The sale of EMI's divisions - recorded music to Universal Music Group for $1.9 billion and music publishin ...

  48. Facebook Agrees To Improve Transparency...In Europe

    December 22, 2011 7:59 AM EST BERLIN (AP) - Facebook Inc. has agreed to make several changes to its services to improve transparency and better protect the personal data of its millions of users outside of the U.S., following an in-depth audit of its international headquarters ...

  49. EMI's Deals WIth Universal, Sony Face Inevitable -- But Different -- Regulatory Scrutiny

    November 11, 2011 5:46 PM EST The sale of EMI is just the beginning in what could be a lengthy process that further consolidates the record and music publishing businesses. Citigroup's sale of EMI -- its recorded-music division to Universal Music Group and its music publi ...

  50. Snoop Dogg Big-Ups Toyota Minivan: The Business of Celebrity Twitter Endorsements

    November 03, 2011 9:28 AM EDT For Shizzle My Twizzle: Snoop tweets about Toyota's 'swagger wagon.' NEW YORK (AP) - Rapper Snoop Dogg gave props on Twitter to an ad for the Toyota Sienna minivan. Actress Tori Spelling linked to a website for rental cars. And real ...

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