EU regulators approve Universal Music acquisition of Downtown
The European Commission approved Universal Music Group's purchase of Downtown Music today. UMG must divest the Curve platform to finalize the major deal.
Insights:
The European Commission has granted conditional approval for the acquisition of Downtown Music by Universal Music Group for a total of $775 million. As announced on February 13, 2026, the clearance is contingent upon the divestment of Curve , which is Downtown's specialized royalty accounting platform. This structural condition is the primary factor determining whether the transaction can be completed.
