UMG
Will compete with Spotify, Pandora, others
Universal Music Group has been approved to purchase the British record label EMI, with the EU competition regulator giving the "OK."
However, ......
It appears Universal Music Group (UMG) does not discriminate when it takes down videos, even nonsensically taking down music videos from its own artist.
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Megaupload founder Kim Dotcom says their new music service, called Megabox, has the labels running scared.
YouTube scrambles to explain how UMG managed to censor a Megaupload video they had no legal claim over.
Universal Music says it's okay for them to take down other people's videos because their contract with YouTube allows it.
Universal Music is trying to force their insurance company for a settlement over royalties they failed to pay artists for decades.
Citigroup's sale of EMI to Universal Music and Sony Music may not pass regulatory scrutiny in the EU according to an independent label trade group.
In a lawsuit demanding proper royalties for licensing his songs to iTunes, Chuck D revealed just how little artists are paid by record labels.
