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MusicAs opposition to the $775 million acquisition of Downtown Music Holdings by Virgin Music Group heats up, Downtown CEO Pieter van Rijn says the controversial deal has attracted more attention because of the buyer’s owner, Universal Music Group (UMG), than it has for the benefits musicians would enjoy from the combination.
In an open letter obtained by Billboard, which arrived as the European Commission investigates the acquisition’s potential e…See the Story
Downtown Music CEO Blasts ‘Misinformation’ Around Virgin Acquisition: ‘It’s Disappointing’
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