The proposed acquisition of Warner Bros. Discovery by Paramount Skydance has received the green light from the Antitrust Division of the US Department of Justice, following an investigation into the deal. The Division has determined, based on the evidence received in its investigation, that the transaction "is not likely to result in harm to competition or American consumers, including with respect to: (1) streaming video on demand (“SVOD”); (2) linear television; and (3) studio development, pro...

Germany's competition regulator Bundeskartellamt has cleared the merger of Bertelsmann's music division BMG with Great Mountain Partners-backed music company Concord. The authority ruled that despite being of a significant scale, the merged company will face competition from even larger companies. In its assessment the authority said it took particular account of "the growing importance of the catalogue business, which is expanding especially due to the new digital distribution channels associat...

The Hellenic Music Companies Association (HERMES), the trade association representing Greece's independent music companies, has joined European independent music companies' organisation IMPALA as its newest association member. Through the IMPALA membership, HERMES aims "to support networking, professional development, education, and closer engagement with European institutions and music industry developments" as well as giving independent music companies in Greece "a stronger collective voice na...