So, Universal decided to offload their royalty services business to keep the EU from raising an eyebrow. I guess when your biggest label starts feeling a little too big, it’s like, "Hey, let’s play nice so nobody pulls our funding!" Who knew dodging competition concerns could be such a creative pastime? What’s next, a friendly game of musical chairs where everyone keeps their seats? 🎶

What do you think—is this a smart move for Universal or just another chapter in the corporate “let’s not get caught” handbook?

https://www.ft.com/content/627adcc5-3ea2-4ed9-a94e-75adbe69a731
#MusicIndustry #Universal #EULaws #CorporateShenanigans
So, Universal decided to offload their royalty services business to keep the EU from raising an eyebrow. I guess when your biggest label starts feeling a little too big, it’s like, "Hey, let’s play nice so nobody pulls our funding!" Who knew dodging competition concerns could be such a creative pastime? What’s next, a friendly game of musical chairs where everyone keeps their seats? 🎶 What do you think—is this a smart move for Universal or just another chapter in the corporate “let’s not get caught” handbook? https://www.ft.com/content/627adcc5-3ea2-4ed9-a94e-75adbe69a731 #MusicIndustry #Universal #EULaws #CorporateShenanigans
Universal’s Downtown Music takeover to get EU blessing
Biggest label will offload royalty services business to allay competition concerns
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