Media Will Universal Musics Downtown Deal Face EU Scrutiny? Indie Music Groups Sure Hope So
 
 

Will Universal Musics Downtown Deal Face EU Scrutiny? Indie Music Groups Sure Hope So

2025-04-20 16:45:04| Spiritual Career Counseling

Universal Music Groups planned $775 million acquisition of Downtown Music Holdings, the parent company of independent distributors Fuga and CD Baby, could face European Union (EU) scrutiny after the Dutch regulator made a referral request for a competition inquiry. The European Commission, the main executive body of the EU, has not announced any official decision on the topic though.Universal (UMG)s proposed takeover of Downtown via the music majors Virgin Music unit is part of the companys consolidation strategy. When the transaction was unveiled in December, UMG said it was expected to close in the second half of 2025, pending regulatory approvals.Related StoriesMoviesAlfred Hitchcock, Chantal Akerman, Jiri Menzel Movies Set for Beijing Film FestivalNewsElton John and Brandi Carlile Release Collaborative Album 'Who Believes In Angels?'IMPALA, the trade body of European independent labels, and Britains Association of Independent Music (AIM), representing indie record labels in th...


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Trump downplays Yemen war plans group chat fiasco: 'It can happen'

2025-04-20 14:45:04| Spiritual Career Counseling

President Donald Trump on Tuesday downplayed the use of a Signal group chat reportedly among top officials to discuss a U.S. attack on Houthis in Yemen -- brought to light when a journalist, Jeffrey Goldberg of The Atlantic, was "inadvertently" added to the chat.Trump claimed there "was no classified information as I understand it," when he was peppered with questions on the reported mishap during a meeting with his ambassadors at the White House. Trump came to the defense of national security adviser Michael Waltz and touted the military operation as a success."They used an app, if you want to call it an app, that a lot of people use. A lot of people in government use, a lot of people in the media use," Trump said.MORE: The Atlantic editor details moment he realized he was included in Yemen group chatGoldberg, the editor-in-chief of The Atlantic, wrote in a piece published Monday that he was added to a group chat in the commercially available Signal app in which officials, including S...


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Appeals court clears way for DOGE to keep operating at USAID

2025-04-20 14:45:04| Spiritual Career Counseling

WASHINGTON (AP) A federal appeals court on Friday lifted an order blocking Elon Musks Department of Government Efficiency from further cuts at the U.S. Agency for International Development. Even before the ruling, the Trump administration on Friday took some of the last remaining steps in breaking up USAID.A Musk associate told staffers that by September the Trump administration will have eliminated substantially all USAID jobs. The firing emails began reaching staffers inboxes within minutes of the announcement from Jeremy Lewin, a former member of Musks DOGE team, who was given senior duties at the agency this month. The administrations aim is to eliminate the agencys independent operation by September, Lewin wrote staffers in the notice, which was obtained by The Associated Press.In a separate notice, Secretary of State Marco Rubio said the administration had formally notified Congress on Friday of its plans to cut most USAID programs and move surviving functions under th...


Category: Employment

 

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