Photo Credit: Universal Music Group / Downtown Music UMG’s $775 million offer for Downtown Music hits a snag as the EU investigates concerns the deal could stifle artists signed with independent labels. Universal Music Group […]
Photo Credit: Digital Markets Research Hub The proposed $775 million acquisition of Downtown Music Holdings by Universal Music Group (UMG) has drawn sharp criticism from prominent competition experts. Former Chief Economist Amelia Fletcher has sent […]
Tencent Music has announced a deal to acquire podcast platform Ximalaya. Photo Credit: TME Turns out there was something to Tencent Music’s rumored Ximalaya acquisition plans: The music streaming giant has officially announced a deal […]
Live events platform Fever, which announced a $100 million raise yesterday, has officially acquired Dice. Photo Credit: Fever Moments after scoring a $100 million raise, live events platform Fever has set its sights on the […]
Jony Ive, who’s sold a company called io to OpenAI at a reportedly $6.5 billion valuation. Photo Credit: Marcus Dawes Welcome to the hardware world, OpenAI: The artificial intelligence giant has acquired a startup, reportedly […]
A pair of headphones from Bowers & Wilkins, one of the Sound United brands that’s set to become part of Samsung’s Harman International thanks to a newly announced acqusition agreement. Photo Credit: Evgeniy Bezkorovayniy A […]
Connoisseur Media has announced a ‘definitive agreement’ to acquire Alpha Media. Photo Credit: Connoisseur Looks like Connoisseur Media’s radio reach is about to get a lot bigger, as the company’s announced the acquisition of Alpha […]
The European Commission is now reviewing the proposed Universal Music Group buyout of Downtown Music Holdings. Photo Credit: Guillaume Périgois Following ample competition-related criticism and a couple investigation referrals, the European Commission has moved “to […]
On April 23, 2005, a grainy 18-second clip of a guy at the zoo launched a revolution. That was the very first video ever uploaded to YouTube. Fast forward 20 years, and chances are you’ve […]
Photo Credit: NYSE Private equity firm Silver Lake has completed the acquisition of Endeavor, acquiring 100% of the outstanding shares they did not own. The deal was completed at a price point of $27.50 per […]
Photo Credit: RDNE Concord Music’s rumored acquisition of Stem Disintermedia is fetching a bigger price tag than previously thought, according to DMN sources. For those who love that music industry deal flow, here’s ‘another one’: […]
iStockphoto Alphabet, the parent company of Google, has struck a deal to purchase the cloud-security platform Wiz. With a price tag of $32 billion in cash, the purchase of Wiz makes it the biggest acquisition […]
Photo Credit: Downtown Music Holdings European music trade association IMPALA is flashing warning signs about the proposed UMG acquisition of Downtown Music through its Virgin Music Group subsidiary. UMG announced back in December 2024 that […]
“James Bond” star Daniel Craig reacted to the news that longtime “Bond” producers Barbara Broccoli and Michael G. Wilson have yielded creative control of the British franchise to Amazon MGM — an announcement some fans […]
An exterior shot of Opry Entertainment Group’s Grand Ole Opry House. Photo Credit: Antony-22 Opry Entertainment Group has jumped into the music festival space by taking a majority stake in Southern Entertainment, which has a […]
Atlanta was buzzing this weekend as entrepreneur and film financier Jon Gosier celebrated a huge milestone—his company, Audigent, being acquired by Experian. Jon Gosier, Warren G, Erik Gordon, Cammie Johnson, Brandon Butler/ Source: Erin Kyle […]
She might not be a household name, but Marta Kauffman co-created a little TV show called “Friends.” Thanks almost entirely to “Friends,” (though she has created a few other shows), Marta and her producing partner/co-creator […]
Francois-Henri Pinault, the French billionaire (and husband of Salma Hayek) whose family business Kering SA counts Gucci among its many holdings, is looking to expand that portfolio by purchasing a majority stake in Creative Artists […]
In January 2022, Microsoft announced its intention to acquire Activision Blizzard. Activision Blizzard is the world’s largest independent games producer thanks to hit titles such as Call of Duty, Diablo, and World of Warcraft. Microsoft […]
Who says the special purpose acquisition company (SPAC) sector’s collapsed? Former Disney exec Allen Weiss, Magic Johnson Enterprises exec Christina Francis, 1916 Enterprises’ Jonathan Gordon, and others have debuted a $100 million SPAC that could […]