The European Commission's preliminary view on the proposed acquisition of Downtown Music Holdings by Universal Music Group (UMG) through its affiliate Virgin Music Group, is that the merger "may restrict competition in the market for the wholesale distribution of recorded music."
The determination was made by the Commission's competition division in a Statement of Objections sent to UMG. In European lingo, a Statement of Objections is a formal step in a competition investigation, through which t...

Warner Music Group has settled its copyright infringement suit against Suno, and announced a new partnership with the music AI company that will "open new frontiers in music creation, interaction, and discovery, while both compensating and protecting artists, songwriters, and the wider creative community."
WMG said the deal "brings together Suno's best-in-class AI capabilities with WMG's artist development leadership and expertise at the intersection of music and technology." The deal appears to...

Independent music publishing and neighbouring rights company peermusic has appointed Alex Black to the position of Vice President, A&R. Based in Los Angeles, he will report to Jamie Cerreta, peermusic's President US and Canada. In this role, Black will work to sign and develop peermusic’s roster of songwriters and producers in the US.
In addition to his work with peermusic, Black will continue to run his own management company, Home Run Management, whose clients include cktrl, Banshee The G...