Rivals and customers of Vivendi SA’s Universal Music Group were asked by European Union regulators whether the company’s acquisition of EMI Group’s recorded music business would allow it to increase prices.
Vivendi SA’s Universal Music Group, the world’s biggest record company, agreed to sell the label of Black Sabbath, Iron Maiden and Megadeth to BMG Rights Management as part of disposals required by regulators.
With Alibaba Group Holding Ltd. filing to go public, the biggest winner won’t be founder Jack Ma or his fellow executives or even venture capital backers like Silver Lake Management LLC. It’ll be Japan’s Masayoshi Son.
The U.S. Federal Trade Commission should scrutinize carefully whether Citigroup Inc.’s proposed sale of EMI Group’s music and publishing assets would hurt competition in the music industry, an advocacy group said.
Apple Inc. reached an agreement with Universal Music Group, the largest record label, setting the stage for its new service to let users access song libraries on multiple devices, two people with knowledge of the talks said.