Back to today’s briefing

Story perspectives

Global Leaders Rally Against UMG's Controversial Acquisition

10/4/2025

27 6

Summary

Story summary

The '100 Voices' campaign opposes Universal Music Group (UMG)'s acquisition of Downtown Music Holdings, citing threats to competition and diversity.
Objections from over 100 leaders across 20 countries were presented to European Commissioner Valdis Dombrovskis.
Downtown runs FUGA and CD Baby; critics warn costs rise and access falls as the European Commission (EC)'s decision is delayed until next year.

1 of 1

Story summary

The '100 Voices' campaign opposes Universal Music Group (UMG)'s acquisition of Downtown Music Holdings, citing threats to competition and diversity.
Objections from over 100 leaders across 20 countries were presented to European Commissioner Valdis Dombrovskis.
Downtown runs FUGA and CD Baby; critics warn costs rise and access falls as the European Commission (EC)'s decision is delayed until next year.