LilMikeSF<p>200+ music industry <a href="https://c.im/tags/CEOs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CEOs</span></a> sign open letter urging <a href="https://c.im/tags/antitrust" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>antitrust</span></a> investigation into <a href="https://c.im/tags/UMG" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>UMG</span></a>’s acquisition of Downtown Music Group. This deal has been in works for over 6 months and just one of several recent acquisitions by the mega music corp aggregation now known as <a href="https://c.im/tags/Universal" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Universal</span></a> Music Group . The corp whose roots were as <a href="https://c.im/tags/Music" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Music</span></a> Corporation of America, has been extending tentacles for decades, but now far beyond mere recording & distribution, having merged into all tiers of publishing, touring and artist representation. Recent additions to portfolio include EU based <a href="https://c.im/tags/PIAS" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PIAS</span></a>,( Play It Again Sam), Oriental Star Agencies, 8Ball Music, Hyperion, and several more <a href="https://c.im/tags/musicbiz" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>musicbiz</span></a> labels, distribution arms, mgmt and artist rights firms</p><p><a href="https://mixmag.net/read/200-music-ceo-sign-open-letter-urging-investigation-umg-acquisition-downtown-music-news" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">mixmag.net/read/200-music-ceo-</span><span class="invisible">sign-open-letter-urging-investigation-umg-acquisition-downtown-music-news</span></a></p>