UMG ’ S
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UMG ’ S PROPOSED ACQUISITION OF DOWNTOWN MUSIC HOLDINGS MUST BE blocked
UMG ’ S
PROPOSED
ACQUISITION
OF
DOWNTOWN
holdings
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MUSIC
Voices from the independent music community on why this matters.
The proposed acquisition
Protecting
the future of independent music
Protecting
the future of independent music
In December 2024, Universal Music Group announced an intention to acquire Downtown Music Holdings (Downtown) for $775 million in cash.
The European Commission is now carrying out a detailed investigation, due to preliminary findings that the deal could be harmful for the music market.
Universal Music Group is the largest music company in the world. Downtown is a significant provider of key services in the independent sector, including world leading distribution platforms FUGA and CD Baby, royalty accounting service Curve, independent publishing administration services Songtrust, as well as Downtown’s own publishing and artist services, and other businesses.
Why IT matters
This is only one of two detailed investigations this year carried out by the European Commission under its remit “to prevent concentrations that would significantly impede effective competition in the EEA or a substantial part of it.”
The investigation helps the European Commission “assess more carefully whether this acquisition would have a negative impact on artists, labels and, ultimately, European consumers“, as noted by the European Commissioner responsible Valdis Dombrovskis in July.
In our view, this acquisition would eliminate a significant competitor to UMG, increase its bargaining power, and enhance its control over key parts of the supply chain of music.
The European Commission has also raised concerns that UMG would could gain privileged access to sensitive competitor data.
Recently UMG has bought other independent music companies, including [PIAS], one of the biggest independent label and distribution groups in Europe, 8Ball Music, a significant independent music company based in the Netherlands, and GTS in Spain, with others understood to be in the pipeline. On top, Downtown had already rolled up key businesses before selling to UMG.

What needs to be done
The only solution is to block this deal
The only solution is to block this deal
We are calling on policymakers, regulators and industry leaders to act now to protect competition and balance in the music industry and block this deal outright.
This website provides a snapshot of views from those who agree the deal should be blocked, and who wanted to explain why. Some contributors preferred to remain anonymous.
A selection of these views were presented to Commissioner Dombrovskis in Brussels on 2 October. Others who agree the deal should be blocked can add their voices.




100 VOICES
A snapshot of the opposition to UMG’s planned acquisition of Downtown
Tap quotes to expand
When unchecked growth disrupts an ecosystem, diversity suffers. If UMG acquires Downtown, entire independent structures are absorbed, giving UMG new power over DSPs and data that weakens independents. The result is less diversity, more homogenised output, and a cultural niche increasingly sidelined.
Birte Wiemann
Project Manager, Cargo Records Germany
As an independent label from Latvia, we rely on diverse and neutral services to bring our artists to international audiences. If these platforms fall under UMG’s control, we fear higher costs, reduced access, and the loss of independence that small labels like ours need to survive. This deal risks creating a music ecosystem where one corporation controls too much of the infrastructure, leaving less room for diversity, innovation, and fair competition. For the long-term health of independent music, it should be blocked.
Bruno Roze
Founder/Artistic Director, I Love You Records
The deal is closing opportunities for independent labels to distribute their music across digital platforms through reliable independently owned companies. It also raises concerns about usage of accumulated data from indie companies who worked with Fuga, Downtown etc., as this data would now be owned by a major company who would, beyond doubt, use it for further acquisitions or to their advantage on the market. In order to sustain fair market this deal should be stopped. Although not many labels from our territories used companies that are part of this deal, the impact on the digital market would be devastating, creating an already dominant company even bigger and thus influencing all other parts of the music business, like physical distribution, rights collecting, access to artists, media, policy makers etc. In developing markets, like most of them are in Southeast European region, the impact would be even more negative.
Dario Draštata
Executive Director, Dallas Records
Simply put, this acquisition would skew the global music market to a level never seen before, even compared to times when the majors were more dominant and forced to divest. It would remove any semblance of competition and erode the possibility of fairness for artists and other music makers.
David Martin
CEO, Featured Artists' Coalition
This is a crucial moment for the future of Europe’s music landscape. The Commission’s intervention shows these concerns are being taken seriously. The risks of reinforcing the leader and losing a big competitor are clearer today than ever before. Remedies would be ineffective in today’s music market. We trust the Commission will take the necessary steps to protect competition, access, and diversity across the sector.
Francesca Trainini
Vice President, PMI Italia
Big companies are important and all independent businesses deserve options when they want to exit. We just need to also make sure those who are starting out or who decide to remain independent can operate in a healthy market without oversized rivals. That’s why this acquisition matters and why I am urging regulators to block this.
Kees van Weijen
Managing Director, HIT4US Entertainment
We are now operating in an industry increasingly shaped by global corporations, whose dominance over digital infrastructure affects everything from artist visibility to revenue. This ongoing consolidation amounts to a systematic weakening of the independent sector's ability to compete on fair terms. The rise of independent music has shown that artist-led and community-driven models can thrive when given space, but that space is shrinking rapidly under the weight of unchecked acquisition strategies. The independent sector is resilient, adaptive, vital and culturally diverse, but without decisive regulatory intervention, even the most innovative and committed independents will struggle to compete. This is more than just a market issue; it is a cultural one. When asked by people why we feel that UMG is dominant, it is an easy question to answer. They are dominant because they themselves say they are.
Martin Mills
Chair, Beggars Group
Universal has proven many times it can be a constructive partner for music, but the challenge for us all is to boost diversity. Concentration does the opposite of boosting diversity, because it weakens the entire independent ecosystem.
Stephan Bourdoiseau
President, Wagram Stories
It'll suck out many acts and labels from the independent sector, thoroughly weakening it and strengthening UMG's already vast hold on the music sector.
Alan Hauser
Jungle Records
Corporate economy is driven by two interests: maximizing profit and increasing shareholder values. The music industry needs more than that as suitable approach to doing business with artists, composers, labels and all kinds of creative contributors. We need an economic infrastructure driven by entrepreneurship that is caring about cultural diversity, ready to try risky stuff and eager to release innovative sounds. Corporate economy cannot provide that. That’s why we need the freedom of choice to work with truly independent partners.
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
This further market consolidation will definitely have a negative impact on diversity in the music industry. The enormous market power and the pretence of supposed independent structures mislead artists and fans and jeopardise equal opportunities. Our customers are independent record producers and musicians. In the case of record producers in particular, this will lead to a reduction in the number of players, which in turn will reduce the number of our potential customers. In addition, the influence of the major companies will continue to grow, even in committees such as collecting societies. This has an enormous impact on the distribution structures of all rights holders and, of course, agencies like ours, which help rights holders to collect these revenues and also fight for fair distribution, for which they urgently need fair representation of their interests in these committees.
Alexander Warnke
CEO, PRO Agency
Before the explosive growth in digital consumption, there was an expression often quoted by record companies - 'content' may be king, but data will build the castle. Universal's bid to acquire the richest dataset in the market from the Fuga and Curve systems on behalf of their independent label clients will allow Universal the unique ability to farm that data to their own commercial advantage. Independent A&R activity will be laid bare, both from the market activity that A&R reaches, to the royalty and advance/recoupment arrangements of every single artist signed to an independent - as Rob Stringer (CEO Sony) acknowledged recently. Other than this, what commercial advantage does the acquisition of Downtown offer a behemoth the size of Universal with it's own in-house systems for these functions? The acquisition must be blocked by the EU on the grounds of unfair competition.
Alison Wenham
COO, Chrysalis Records
I have a few tracks still on CD baby. While they are going to be pulled by end of month because of this acquisition, if I continued with the service, UMG would then acquire intellectual property as well as personal data from me, as well as stifling competitive options for independent music distribution.
Anthony Cruze
ULX Ultraluxe Group
The recorded music industry is already dominated by an oligopoly, and this deal would only entrench that further. Digital distribution was supposed to create a more level playing field, but in reality, major music companies continue to control nearly every stage of production and distribution. On top of that, with access to Curve, the UMG would gain deep insights into the business operations of countless indie labels, giving them an even greater advantage in the data-driven side of the industry.
Anton Teichmann
Founder, Mansions and Millions
As an independent music entrepreneur, I experience every day how important fair and open structures in the music industry are. Innovation, diversity and cultural variety do not arise by themselves – they need space, competition and equal opportunities. Europe has a vibrant, growing music economy. To ensure it stays that way, we must make sure that artists and companies beyond the mainstream will continue to have fair access to markets, data and services in the future. In my daily work – for example with young artists at the beginning of their careers – I see how crucial transparent structures and fair conditions are. Many of them bring enormous creativity, fresh perspectives and bold musical approaches, but often encounter barriers when it comes to visibility, access to data or fair remuneration. Yet it is precisely this diversity that is at the heart of a strong and future-proof European music landscape. I therefore expressly support IMPALA’s call on the European Commission to carefully examine the long-term, structural consequences of this takeover and to ensure that music in Europe remains open, diverse and competitive.
Austrian music company
As an independent Austrian label with an international outlook but also a strong focus on German-language repertoire, we are concerned that takeovers by majors such as Universal Music threaten diversity. For years we have seen national repertoire lose its place as majors cut staff and close local offices. For us, this means international repertoire from Austria is effectively irrelevant, while local artists are losing their stage. A free and diverse market is essential for Europe’s cultural identity.
Austrian music company
We will not be directly impacted as label or publisher. It’s more about cultural pluralism, artistic diversity, and preventing dominant players from imposing their vision of the market on others.
Aymeric Genty
CEO, I.O.T Records
The UMG/Downtown deal threatens the independent music sector. By taking control of essential services like, UMG would become gatekeeper to the infrastructure independents rely on. This consolidation risks locking rights away for decades, reducing fair access, and handing sensitive data to the biggest major. The result: less competition, fewer opportunities for independents, and a loss of cultural diversity.
Björn Mathes
Co-Founder / CEO, FerryHouse
As the COO of Zeneszoveg.hu, I see first-hand how market concentration threatens independents like us. When majors merge, they not only expand their dominance but also start to claim rights they never legitimately held – such as lyrics, which in our jurisdiction are not under collective management. For over five years we have been pursuing justice through official legal channels, and courts have already ruled in our favor twice. Still, each step becomes harder when global giants reinforce each other’s position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights – but only if regulators ensure a level playing field by blocking or strictly conditioning deals like UMG/Downtown. they not only expand their dominance but also start to claim rights they never legitimately held, such as lyrics, which in our jurisdiction are not under collective management. Each step becomes harder when global giants reinforce each other's position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights - but only if regulators ensure a level playing field by blocking deals like UMG/Downtown.
Bori Koczka
COO, Zeneszoveg.hu // Songbook
This concentration crushes diversity, limits fair access and silences voices that deserve to be heard. In synch licensing, a crucial revenue stream for indie labels, UMG imposes conditions on production companies that they can’t escape given its massive market share. That leaves only a tiny budget for independents. And this is just one of the many problems this situation creates. The Downtown deal would only make things worse.
Borja Torres
Co-founder, Lovemonk Discos Buenos
A strong music industry only can exist if there is healthy competition and the freedom of choice to find suitable business partners. Diversity is very important for music producing communities and if the largest music company on the market is getting even larger, freedom of choice and diversity will diminish.
Brigitte Matula
Professional representation in the Austrian film and music industry
The UK has always had an important place in shaping culture through music and that has largely started at ground level through artists and labels being independent and innovative. To have a major label gain such significantly greater control over the industry would be to erode the qualities that gives UK music its value. Musicians and labels need viable alternatives to being connected to majors and there needs to be space for innovation and variance in deals and ways of working which the independent sector is great at doing. Not everyone wants to be connected to a major and this deal would minimise choice and move towards creating a monopoly.
British music company
The acquisition of these distributors removes competition for independent labels to find distribution, thus increasing the cost of entry into the market for labels, as fees will naturally increase as UMG continue to relentlessly M&A all of these companies. The reason they are doing this is clear: they cannot break artists in the same way via the traditional frontline model they could as recently as 10 years ago. Now, instead of doing this, the indie community is simply being bought in order to gain market share and create an A&R funnel for themselves.
British music company
The prospect of our royalty accountancy software being absorbed by a major corporation who are controlling a significant part of the market is concerning. It gives sensitive information away to competitors, which could be damaging to our A&R and deal-making; they will effectively know all our commercial terms.
British record label
For several years Songtrust has been my publishing administrator, and that of several artists on the K label. Prior to Songtrust, it was difficult for independent artists, both emerging artists and established artists whose work was too outside of the mainstream, to receive proper publishing administrative capacity, especially on a global scale. By stepping in to this role Songtrust provided many artists lost in a publishing world "no man's land" with comprehensive collection of the funds due to them, however large or small. If Songtrust loses this focus on the underserved and reverts to a "major label" mentality, many of our artists (myself included) will be left back in that publishing no man's land without any representation for our work, or poor representation lacking the attention to detail Songtrust provides for independent, non-major artists.
Calvin Johnson
Proprietor, K Records
The cartel-like concentration on ever larger players in the music market, who have already established their own rules, such as participation in Spotify with unknown, higher distributions or the dominance of event organizers such as Livenation or Eventim, makes it increasingly difficult for independent labels to survive. An independent music culture can only continue to exist through diversity and supportive conditions for independent labels. Both are acutely threatened by the merger of Universal and Downtown.
Catharina Boutari
Head Of Label, Pussy Empire Recordings
Our business as an independent record label is concerned that the UMG/Downtown deal will allow UMG to have access to and potentially use Downtown services, data and other customer information for its own needs. We use FUGA as our delivery partner to DSPs and rely on its independence from any and all majors. UMG's control over Downtown would also allow it to remove or drive down services valued by independents, make notable price hikes, decrease investments in service developments and prioritise strategies in line with UMG's own. Given the massive size and power of UMG, they could do this both in the short-term or over a long period of time. These are a few examples of why the deal should be blocked.
CEO of Finnish record label
We have thought long and hard about which Royalty Accounting System to use in our day to day business, tested several services that are on offer and finally settled with Curve as this accounting system is tailored to meet our needs as an independent rightsholder spot on while being an independent entity. This is why the acquisition of Curve by Downtown in January 2023 was quite the talking point as any acquisition or take-over trims down the freedom of decision-making. However, with Downtown offering a variety of services to especially independent music companies, the acquisition was accepted. If the bigger fish in the sea, i.e. Universal, now gobbles up Downtown, Universal is suddenly in an unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal suddenly controls a lot more than merely “an additional company”, but market access for independent music companies predictably resulting in limited market access for independents companies as well as a serious blow to all aspect of diversity in the creative sector.
CEO of German music company
We are an independent music distribution company, that uses FUGA as an aggregator to deliver digital releases to the DSPs. We are concerned that Universal could gain access to our sales data and potentially use this information to identify successful music from our catalogue in order to license it for themselves.
CEO of German music company
I believe that acquisitions of this type drastically change market competition. By offering a wider and more diverse range of options, UMG will leave fewer tools and less favorable conditions for the smaller players in the industry to offer their potential clients. Additionally, something that is already happening is that in large digital platforms like Spotify, rules and restrictions are applied to some providers, but not to others.
CEO of independent Bulgarian music company
The market shares will be even worse than before. Since the music market now is only based on streaming shares is this a true threat to all independents.
CEO of Swedish music company
It would further restrict our choices should we decide to change digital distributors because we want to stay with an independent distributor - there are few serious options left that can cater for us. I would also worry how much more Universal can influence deals we are offered by DSPs, as these are already based on what they have negotiated with the majors in a "take it or leave it manner".
CFO of Dutch music company
"Overly dominant market players, in any industry, have the potential to be detrimental to the diversity and health of that sector. The independent music sector brings enormous cultural value by giving voice to and financially supporting innovative, niche, and localised artists in a market already dominated by extremely powerful players. This sector, including our company, plays a key role in supporting and nurturing a diverse and dynamic ecosystem. However, in these transformative times, we are operating in an extremely fragile environment. Powerful global corporations are openly asserting the need for further dominance to satisfy their shareholders. Further consolidation within the industry, as proposed in this transaction—particularly when it includes ownership of some of our sector’s most sensitive and crucial infrastructure and data—will irreparably damage this ecosystem and be detrimental to music culture globally."
Charles Caldas and team
Exceleration Music
An estimated 78% of Music Rights are controlled by three big labels only. This is already a crazy monpolistic situation. Any further concentration must be avoided.
Christian Mueller
Founder, SPOZZ.club
As a team operating a micro-business outside of the major global music centres, we see this development as a serious threat to the diversity and independence of our industry. Operating sustainably at a small scale is already challenging. This merger would centralise power further and risks reducing the limited opportunities available to independent voices. In today’s music landscape, data not only drives business decisions but also curatorial choices - from radio programming to festival line-ups and media appearances. Consolidating even more data and distribution power under the largest music company in the world increases an already unprecedented level of business intelligence and influence, further marginalising independents. If the music industry is to thrive, it must make space for work that exists outside of the mainstream. Monopolisation of distribution runs counter to that vision, and risks homogenising the culture we all depend on. We oppose this merger in order to protect independence, diversity, and the future of music.
Co-founder of Scottish music company
Concentration in the music industry has mostly brought disadvantages for artists and small businesses within the sector. Personally, I believe that copyright and publishing rights are the "treasure" of artists, both established and emerging. In light of recent moves, I am sceptical that companies with an oligopolistic position can take care of this treasure with a perspective that emphasises creative force over mere business models.
Cristián Elena
COSO Records
When near-monopolist Universal tries to acquire Downtown, one of the largest independent music ecosystems, and does so in the name of independence, it cheapens what the word means. Market consolidation at this scale is not only anti-competitive, it is a fundamental threat to true independence.
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
We have been part of the independent scene for 30 years now, and the impact of this deal is very negative for our industry because its vital that we all support each other to help our bands, content and promotion.
Dennis Dañobeitia
Manager and Owner, CFA
I've been marketing for independent artists for over five years, working with more than 180 clients. I'm also the A&R for the independent distributor SYMPHONIC. I see a threat that fewer and fewer artists are working with their own teams and are under the standards of MATOYORS companies.
Diego Monje Coccolo
CEO, Cactus Music
Reduces pathways to market in the independent ecosystem. That is not ideal.
Dylan Pellett
General Manager, Independent Music New Zealand
Universal Music Group's recent acquisition of Downtown is big blowback and a sharp knife cut to the independent music eco-system in Europe and especially in the Balkans. As indeoendent record labels and music distributors, we are loosing major ground and music scene has been easly manipulated by the majors. This acquisition and harsh move is a prime example of how independent record labels musicians and distributors are driven into much tougher conditions and left out of the eco-system not being able to compete. It's a big fish eating the small fish story as usual and we need to stop this repeating relentless attempts towards the creation of a bigger monopolitic sector by Universal Music Group.
Engin Akinci
General Manager, Zoom Music & Management
The overwhelming dominance this merger will give UMG in the market will allow them to use their size to demand better deals from suppliers - for example distribution platforms will likely be required to share more of their profits with UMG by way of discounts, cash backs, bonus payments to UMG which means that the distributors in order to maintain a viable business will have to take profits from small businesses by way of increased fees thus making it harder for smaller businesses to survive. Its not just an economic matter but a serious cultural issue - UMG will lean towards the more popular and commercial end of the market thus squeezing out innovations, diversity and experimentation. This merger will be a power to cultural conformity to the lowest popular denominator and avant garde, esoteric and ethnic music forms will be suffocated, left out in the cold unable to earn enough to maintain their businesses. UMGs dominance of the market will make it susceptible to political manipulation by unscrupulous governments and in that context the merger is profoundly anti and undemocratic. On an economic, cultural and political level this merger will have profound negative effect on society as a whole.
Eric Longley
Principal, 25 Hour Convenience Store
The less companies there are the more dependent artists, retailers get. To have a strong economic sector you need a differentiated landscape of companies. The creative sector is mainly based on small and middle enterprises, if there is one huge player and all the others are little, there won't be a saine sector as the little ones will soon close or will need state subventions to survive (see film and games sector).
Ester Petri
Carus-Verlag
The majors already have massive control over the whole music ecosystem, from publishing to distribution, from streaming to royalty rates. If they occupy more from this pie, they eventually suffocate the grassroots and indie sector that feed the whole ecosystem. Like taking out the bees from Earth.
Eszter Décsy
Corner Art Management & Records
It will become even harder for small territories (such as Switzerland) to have music exported, and to gain visibility through streaming platforms.
Fabienne Schmuki
Irascible Music
I’m very concerned about the UMG/Downtown deal and the long-term harm it could cause to the independent music community. Independent businesses and artists already face enormous challenges when competing against the scale, resources, and market control of the majors. A deal like this would further concentrate power in the hands of one of the biggest players in the industry, reducing the diversity and sustainability of the sector.
Fabio Besomi
Label Manager, il domani
There's already a too strong monopoly from major labels in the music industrie. It will be even more difficult or mostly impossible to uphold alternative structures.
Flavian Graber
Spectacular Spectacular
The real threat lies in majors systematically acquiring the distributors and service providers that independents rely on. This wave of acquisitions eliminates competitors, reduces options for labels and artists, and concentrates critical data and royalty systems in the hands of a few dominant players. By reinforcing the ‘super-major’ model, these deals drive up costs, undermine fair competition, and endanger cultural diversity and the long-term sustainability of local music ecosystems in Chile, Latin America, and beyond.
Francisca Sandoval
IMICHILE
The Commission’s detailed investigation addresses the concerns of many across the industry: that unchecked consolidation poses a systemic threat to the future of an open music sector with plenty of choice for consumers and artists. This isn’t just about one deal, it’s about stemming a tide that will stifle diversity and limit opportunities. This is a global issue with consequences in many local markets, and we look to other regulators, including the CMA in the UK, to follow the EC’s lead to ensure a balanced and competitive music market.
Gee Davy
CEO, AIM
The only outcome must be blocking the deal. Downtown Music is a key player for independents. Its takeover by UMG would give the world’s largest music company unprecedented control over a significant route to market through which independent artists and labels reach their audiences.
Geert De Blaere
N.E.W.S., BIMA
The more majors control, the more they CAN and WILL control. We need to have as many independent business as possible to have a vibrant music industy - and therefore we need to stop majors buying influence, data and catalogue.
General Manager of Danish music company
Universal's acquisition of Downtown would further consolidate Universal's monopoly position and further increase Universal's influence on platforms like Spotify, further weakening the competitiveness of independent music companies. Furthermore, the acquisition of Downtown would give Universal access to confidential artist data, thus gaining information through the back door that would give it a competitive advantage over rival companies.
German music company
Time and again, we hear the same message at the outset of an acquisition: nothing will change. The company is being purchased because of what it already is, so there’s no reason to alter anything. Yet, without fail, a few months later the changes begin. Rarely are they for the better. More often than not, efficiency targets, profit margins, and the strategic goals of the acquiring company take priority over the identity and interests of the acquired business. History is full of examples. In the latest statements from Downtown, they repeatedly emphasize that Virgin will be a great partner. What they don’t say is that Virgin is owned by Universal. Which means, in effect, that this acquisition is being made by Universal itself. Universal has already been abusing its dominant market share in multiple ways—for example, manipulating streaming payouts to its own benefit, to the detriment of independents. Allowing this market giant to expand its market share even further would be reckless. I fully expect that access to some of Downtown’s currently services will either disappear or return on much less attractive terms. And with Universal’s increased market share, I also anticipate further declines in streaming payouts, driven by its influence and market power at the leading DSPs.
German musician
Through the acquisition of Curve, Universal will be in the unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal will control market access for independent music companies.
German record label
My concern is that Universal will gain too much market power, and force conditions on the market that favor and prioritise them. This is what they have done in the past, and it creates a difficult situation for small indie labels.
German record label
"As an independent label, we view Universal’s planned takeover with deep concern. It accelerates the monopolisation of the music market and threatens both competition and artistic diversity. When essential infrastructures such as distribution and rights management lie in the hands of a few large corporations, independent players lose vital room for manoeuvre. Of particular concern is Universal’s access to sensitive data on artists, distribution and market trends, which until now has been managed fairly and independently. This concentration of data power reinforces Universal’s role as gatekeeper and makes it harder for smaller labels and artists to access markets and platforms. We also fear that concentrated control will restrict choice in digital distribution. This risks disadvantaging independent creators and undermining cultural diversity. Our goal remains to protect innovation, diversity and fair opportunities for all artists."
German record label
The deal itself isn't bad. But then, many independent artists use Downtown's distribution subsidiaries such as CD Baby, and there seems to be conflicts of interest. In case, an artist is blacklisted by major labels and wants to distribute his tracks as an independent. I also fear that some artist's tracks or album could be removed from streaming platforms and also prevented or blocked from being distributed, for business reasons or simply conflicts of interest.
Ghanaian musician
Among all the consequences that UMG's acquisition of Downtown could generate, the most worrying is the consolidation of the link between the major label and digital platforms. We have recently seen how Universal was able to design, almost unilaterally, the remuneration model for DSPs which, despite their critical size, can only yield to its power and the importance of its catalogs. Its CEO, Lucian Grainge, has openly acknowledged this in his public statements: artist-centric and streaming 2.0 are concepts that he himself has shaped and which we know are aimed at increasing his market share, which has recently been undermined by the diversity and vitality of independent creation. The recent acquisition of numerous independent distributors responds to several challenges: removing competitors from the market, achieving a level of concentration that gives it increasing control over platform choices and, ultimately, promoting the concentration of revenues around a handful of artists, a phenomenon already observable today. The new challenges of concentration no longer relate to the ability of all players to access the market (theoretically, anyone can publish their music on the platforms), but to their ability to emerge from too abondant a supply and generate significant income. However, the concentration of income resulting from agreements between UMG and the major DSPs on the remuneration model means that artists and producers who live in the independent ecosystem are unable to make a decent living from music and continue to invest in new music. The disparity between situations must be reduced and the diversity of economic models preserved.
Guilhem Cottet
UPFI
Music is a business and we are a part of it; OK, we know. But music also plays a much bigger role in and for culture and society in the broader sense. A role that is in great parts carried out by small and independent record labels and publishers. This culture needs nourishing, it needs opportunities and it needs fairness. The more extreme the business side of music becomes, the more endangered is the cultural aspect. The ongoing and accelerating trend towards ultimate and market-defining power for a few big corporations is therefore a dangerous precedent. It will eventually lead to a bigger market-concentration, which by definition is the opposite of what should be in policymakers interest for a diverse and flourishing musical culture in Europe.
Hannes Tschürtz
Ink Music
It’s not so much the specific deal that concerns me. It’s the numerous deals sweeping up the independent sector over recent years. And the cheek of these companies to use the name ‘independent’ ad nauseum. Owned by the largest MAJOR in the world and still claiming to be independent!? We are rapidly seeing the consumption of the true independent world. Making it harder for us to compete when signing artists and when trying to take them to the wider world.
Harvey Saward
Director, Remote Control Records
The EC is right to look closely at the impact of this acquisition and we believe blocking this deal is the only way to safeguard pluralism and diversity. All sectors need strong big companies as leaders, and all businesses deserve good options if the founders want to exit. However, there is a point when big is too big for the ecosystem and that harms the whole market including music fans and artists.
Helen Smith
Executive Chair, IMPALA
If Universal acquires Downtown, it will own a vast catalog of data from independent artists and labels, as they have been using Downtown's accounting systems to date. We do not want this data to be in the hands of major labels. The conditions for smaller labels could deteriorate; with greater market power, Universal could have even more influence on streaming services and, for example, increase Spotify's 1,000 stream limit to 5,000 or even more, which would affect the payment threshold for smaller artists and labels in such a way that the money would mainly go to the big players.
Henrietta Bauer
Bretford Records
In general I think it's very bad for the music industry when larger companies keep acquiring smaller companies. We need more independent companies, not larger majors, to keep a healthier competition in this world. This acquisition should therefore definitely be blocked!
Henrik Augustin
Co-founder, Villa Management
As an independent label based in Varna, Bulgaria, we are deeply concerned about the potential consequences of the UMG/Downtown deal. Independent companies like ours are already operating in a fragile ecosystem, where access to fair distribution, visibility on digital platforms, and negotiating power are limited. If UMG strengthens its grip through this acquisition, the competitive landscape will become even more one-sided. This will not only reduce diversity in the music market but will also make it harder for local voices and emerging talents from countries like Bulgaria to be heard internationally. We believe the deal should be blocked, as it undermines cultural diversity and fair competition, especially in markets where independent infrastructure is still developing.
Independent Bulgarian music company
Independent music needs independent distribution!
Independent German artist
As an independent label, we oppose the UMG/Downtown deal because it concentrates too much power in the hands of a major. Beyond the general threat to competition and diversity, this deal is especially damaging because Downtown’s sub-companies like Curve handle sensitive financial and operational data for many independents. If UMG gains access to these insights, a major corporation will have unprecedented visibility into the inner workings of its competitors, creating a huge imbalance and undermining trust. This deal threatens the independent sector by limiting competition, reducing diversity, and weakening the ability of small labels to negotiate fair terms with distributors, DSPs, and other partners. Independent labels are built on fairness, creativity, and artist-focused growth. Allowing UMG to control such infrastructure will weaken independents, limit artist choice, and reduce cultural diversity. For the health of the sector, this deal must be blocked.
Independent German music company owner
Concentration and Market Power: Universal is one of the “Big Three” in the music industry. An acquisition would further strengthen its market power. Less competition could lead to higher prices for services such as distribution, licensing and publishing. Independent labels may have less bargaining power when dealing with major players. Loss of Independence.
Independent German record label
The UMG/Downtown deal is worrying because it puts even more pressure in the independent sector and creates an unfair imbalance of power which will be allocated to the biggest label in the world. We rely on diversity and flexibility and this move risks fair competition in the market. As an independent musician, I see this as a direct threat for young, up and coming artists to build a sustainable career. If catalog management and distribution fall further under UMG control, access to licensing, platform visibility, and fair revenue splits will become even harder. In an already saturated streaming market, this pushes independents further to the margins. In the long run, even without signing to a major, we risk being dependent on them for distribution, royalties, or publishing networks. That narrows the options, stifles innovation, and weakens cultural diversity. Protecting independence is essential, not just for fairness, but to keep music’s creative ecosystems alive.
Independent Portuguese musician
Concentration usually leads to a withering of supply. When only a few people are left to make decisions, everything ultimately reflects only their taste and objectives. We need to return to diversity.
Joachim Irmler
Musician,
Playground Music Scandinavia operates across Sweden, Denmark, Norway, Finland, and Estonia, signing and developing local artists as well as offering distribution and support services to local and international labels. The UMG/Downtown deal would widen the gulf between the majors and independent actors, enhancing UMG’s concentration in the market where we should be looking to ensure a more balanced and competitive music market benefiting artists and innovation. This consolidation is yet another step towards oligopoly and threatens the independent sector’s ability to compete, innovate, and support diverse music across Europe. The deal should be blocked.
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
On behalf of the independent music community in Germany, we are writing to express our serious concerns regarding the proposed acquisition of Downtown Music Holdings LLC (“Downtown”) by Universal Music Group N.V. (“UMG”), currently under investigation by the European Commission – Case M.11956. The music industry in the EU is a cultural and economic success story, with recorded music revenue growing at 8.7% in 2023 and valued at €5.2 billion2. It is home to some of the most recognisable names in music, alongside thriving independent businesses. But we can’t take this for granted. While the EU’s music industry is indeed growing, this growth is uneven and lags behind other global markets. At the same time, changes are being made to how streaming revenues are shared, over which the independent sector has no say. A level playing field is essential to support a thriving music ecosystem that delivers benefits for the economy, culture and innovation. Everyone has a role to play – from the biggest music company in the world to the independent disruptive start-up uncovering new genres and sounds. But when acquisitions like this one occur and start to tip the scales too far, we must act. The proposed acquisition by UMG represents a serious risk to that balance. By absorbing Downtown’s distribution, royalty accounting, and rights management capabilities – services used by thousands of companies and artists across the independent sector – UMG would further entrench its already significant market power. The deal would place a significant chunk of essential infrastructure under the control of the market leader. That’s why it’s critical that the deal is reviewed through the lens of its “control share” over the digital markets economy, as well as the physical market, not just share by revenue. This isn’t just a simple “investment” in one of the world’s most prominent independent companies; it is about control. The implications are profound. This consolidation would further enable UMG to act as a gatekeeper to some of the sector’s best services, shaping which music is heard, promoted, and monetised. Such power carries risks not only to the commercial fortunes of independent businesses, but to the creative breadth and diversity of music itself. A concentration of this magnitude would narrow the range of voices, styles, and cultures that reach the public. It would give UMG further power to shape digital services, influence monetisation thresholds and extract more, at the expense of the independent sector. That would reduce choice for consumers, stifle experimentation, and undermine Europe’s role as a vibrant incubator of musical and artistic expression. Fans will hear less of the new and more of the same. Artists working outside the commercial mainstream will struggle to find traction. And a once-thriving creative economy will begin to stagnate. This acquisition also provides a key competitive advantage by allowing UMG to collect data from rivals using its services. This data is far reaching, from distribution information – including artists and song trends, and performance on digital platforms – all the way through to critical business information such as pricing, contractual terms and strategic relationships. Being able to access all of this data would give UMG backdoor access to other competing businesses in the market and strengthen its already advantageous position even further. Independent music companies play a vital role in promoting music innovation, fostering diversity and protecting culture. To fulfil that role, we must have fair and non-discriminatory access to the best infrastructure in the music economy. And not be forced into structural dependence on our biggest competitor who is also shifting payment models on digital services The proposed acquisition poses a clear threat to effective competition, innovation, and the growth of the music industry across the EU and globally We must keep music open.
Jörg Heidemann
CEO, VUT (German Independents Association)
Diversity is what makes music thrive. Just like in our society, the most beautiful thing is when many different voices, ideas, and perspectives can exist side by side and influence each other. That's how we grow. When this diversity shrinks, it's not only the independent scene that suffers, but also the creativity that enriches our entire world. That's why I hope decisions in our industry will always be made with diversity in mind, so that art remains open, colorful, and alive in the long run.
Julian Scheufler
Südpark Studio
We need to secure the independent sector by letting it be independent; this deal would mess up the eco-system of independent sector.
Katja Vauhkonen
Executive Director, Indieco
Diversity and innovation in music can only exist if independent players have equal access to fair and neutral partners.
Kimberly Balthasar
Grönland Records
Artists and record companies need an open and diverse infrastructure to thrive. Allowing UMG to absorb a major independent player would push the industry closer to a two-tier system where market power—not creativity—determines who gets seen and heard. In Norway, we’ve long faced an overwhelming concentration of market power in the hands of the three major companies — and as their dominance grows, the share of independent repertoire continues to decline. This merger risks stripping indie labels and artists of their autonomy, concentrating control over distribution, skewing negotiations with streaming platforms, and giving UMG privileged access to critical market data. Independent music has proven its strength, innovation, and cultural value — but it can only survive if competition remains fair. Every new consolidation tilts the playing field further, shrinking the space where indie label and indie artist-led models can grow. For the health of Europe’s music ecosystem, and to protect diversity, innovation, and fair competition, the UMG/Downtown deal must be stopped.
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
Obvious Negative Impacts of UMG / Downtown Deal: Market Concentration / Less Competition: UMG already dominates global recorded music. Adding Downtown’s publishing, distribution and services power further consolidates control. This reduces choice for independent artists and labels, who rely on smaller, competitive players to negotiate fairer terms. Reduced Bargaining Power for Independents: With UMG owning more of the supply chain, independent artists and businesses lose leverage in distribution, licensing, sync deals, and playlisting. Deals and revenue splits could become more one-sided in favour of UMG. Fewer Routes to Market for Artists: Downtown historically provided independents with an alternative to majors for publishing, distribution and rights administration. With UMG in control, that “independent-friendly” option is likely gone, forcing artists toward the major label system they may want to avoid. Conflicts of Interest: If UMG owns Downtown but also competes with Downtown’s former independent clients, there’s a risk of biased prioritisation. Example: catalogue exploitation, sync opportunities, playlist pitching — UMG artists will be prioritised. Price and Access Issues: Services once designed for independents (affordable distribution, transparent royalty collection, fairer publishing admin) could be “absorbed” into UMG’s higher-cost, less flexible systems. Indie artists/labels may face higher costs or lose access altogether. Stifling Innovation: Independent companies like Downtown have historically pushed new models (DIY distribution, admin-only publishing). With UMG taking over, the incentive to innovate is weaker — majors prefer to maintain existing power structures. This slows down progress for the entire sector. Cultural Homogenisation: Independents are often where risk-taking, niche genres, and diverse voices thrive. Increased consolidation under UMG risks sidelining those artists in favour of safe, commercial mainstream acts. In short: The deal reduces competition, limits choice, and creates even more barriers for independents — harming the diversity, fairness, and future sustainability of the music ecosystem.
Lee Jones
CEO, The New Church Records
This deal with narrow our chances of getting recognized as a small business in this marketplace. Thus reducing the avenues of which I get my independent artists recognition on digital sites and physical record stores.
Lio Kanine
Co-owner, Kanine Records
As an independent Portuguese artist, I oppose the UMG/Downtown deal. This acquisition would concentrate too much power in the hands of one major label, giving UMG access to services and sensitive data that independent musicians rely on. It threatens diversity, fairness, and real independence in music. For these reasons, I believe the deal should be blocked.
Marciano Cordeiro da Silva
mARCIANO
I am writing to you as the General Manager of Entrebotones, S.L., an independent label based in Spain that has been active for 13 years. We currently work with 56 artists and manage a catalog of more than 300 works distributed on digital platforms worldwide. Our company is directly dependent on the distribution and administration services provided by Downtown/FUGA, which constitute a fundamental pillar of our business model. In our opinion, the proposed transaction by Universal Music Group (UMG) to acquire Downtown poses the following risks: Loss of neutrality of essential services. Downtown/FUGA currently acts as an independent provider. In the hands of UMG, there is a clear incentive to prioritize its own catalogs and limit the access of labels like ours to distribution agreements on an equal footing. Improper access to sensitive data. Downtown handles detailed information about our revenue, negotiations with platforms, and consumer data. The transfer of this information to a dominant competitor would pose a serious competitive disadvantage. Reduced real options for artists and labels. Consolidation eliminates a key independent partner in the ecosystem and reinforces concentration around the three major groups. This would translate into more restrictive commercial conditions and a reduced ability to support emerging and niche artists. Cultural impact and diversity. Labels like ours fuel the local scene and alternative styles that find it difficult to find support in the majors. The weakening of the independent network will directly affect the musical diversity available to European consumers. For these reasons, we respectfully request that the Commission block this transaction or, failing that, impose strict structural and behavioral remedies that guarantee service neutrality, the protection of sensitive commercial data, and equal access for independent labels to the digital value chain.
Maria Inés Collarte Centeno
General Manager, Entrebotones
The UMG/Downtown deal threatens to create a two-tier music market where independent artists and labels face significantly reduced bargaining power with streaming services and distribution channels, ultimately limiting opportunities for diverse voices in music. This consolidation would further entrench UMG's dominance across European markets, squeezing out competition and jeopardizing the long-term viability of independent music businesses.
Mario Rossori
ROSSORI Promotion & Music
Curve coming under the control of Universal will remove one of the few choices we have in relation to royalty accounting and copyright management software. It will generally further increase the leverage Universal already has and uses for its own benefit only on streaming services.
Mark Chung
VUT board member and musician
Market share confers decisive influence over revenue streams and marketing outlets which are of vital importance to all music makers and their agents and businesses. Rights distributions can be weighted in your favour, chart rules can be amended to exaggerate or diminish the visibility of certain artists, small retailers and radios can be obscured and hidden. In addition, as recognised by UMG, streaming architecture and royalty payouts can be engineered to favour some artists and to ignore others. The tendency of concentration is always to narrow choice and to silence voices. We have even seen repeated attempts to undermine the voices of the independent collectives on this issue over the last months. UMG is already too big, with too much competitive advantage in Europe; this deal needs to be stopped.
Mark Kitcatt
Everlasting Popstock
The music market has a fundamental monopolization problem. We are confronted with market distortion due to unrestrained market dominance on three levels: The aspect that our music is a cultural asset that should be accessible to all consumers sets the stage for a notorious under-regulation—lawmakers tend to prioritize consumer interests over intellectual property rights in the name of the common good, while regularly overlooking the fact that consumer interests in the platform economy are almost exclusively redefined as the particular economic interests of service providers. These service providers, in turn, are usually part of super-cartels that dominate not only their specific market segment, but also a network of forward- and backward-integrated neighboring markets where they do not have to generate added value with music. Music has gone from being a tradeable product to mere content that provides the basis for value creation in other markets (such as advertising, device sales, etc.) without being adequately exploited itself. If, in this setting, the rights holders of content also form integrated monopolies, this problem is further worsened. We have already seen unfair, non-transparent deals between service providers and major rights holders in the past. The fact that Tencent, a Chinese internet company, already holds a 20% stake in UMG highlights the danger that, in the music trade, the interests of both sides of the negotiating table are increasingly shifting away from fair remuneration and toward the cheapest possible availability of content. For the sake of a free and sustainable market, this kind of disruption must be curbed.
Markus Rennhack
Kick The Flame Publishing
Our company wouldn't directly be affected by a possible acquisition. If it does go through it will simply make being truly independent ever more difficult.
Marlon McNeill
Founder, A Tree in a Field Music
We use Curve for accounting, which means Universal will have access to our data. They may also use Curve to incentivise us to move to major distribution. Increased market share means increased leverage.
Martin Goldschmidt
Cooking Vinyl
I think the big danger is the market concentration and that Universal now have access to the statistics of their compeditors, and also that the majors' outsized domination in digital distribution gets even bigger.
Mats Hammerman
Massproduktion
Downtown in hands of UMG would mean more monopolisation of the music market. we need more diversity and not some few companies which decide where to go, what to do and what to hear.
Matthias Möbius
Viamas
There are already so few large publishing companies
MD of British record label
Artists rely on a pluralistic infrastructure that reflects diversity in both ownership and access. Allowing UMG to consolidate control over a major independent player would move the industry further toward a two-tier system, where market dominance—not creative merit—determines visibility and success. The acquisition of Downtown by UMG can mean a loss of autonomy for indie labels and artists relying on distributors who end up being absorbed by a major label, an even greater imbalance in negotiating power with streaming platforms (visibility, licensing agreements, etc.) and an increase in information asymmetry, given privileged access to critical business data. We therefore urge the European Commission to block the acquisition altogether.
Nacho García Vega
President , International Artist Organisation
The UMG takeover of Downtown Music Holdings will increase market consolidation in a way that will negatively impact the independent music scene. Players such as FUGA and Curve play a vital role for independent artists and labels. Placing these in the hands of the largest music company in the world will almost certainly stop them from operating freely, not to mention the inevitable job losses and cuts that will arise as the companies are absorbed into the UMG cosmos.
Neil Grant
Neil Grant Media & Promotion
At Celebration Records Denmark, we exist to champion local voices, nurture emerging talent, and ensure that music outside the mainstream has a place to grow. Our ability to do this relies on a music ecosystem where independent labels, artists, and businesses can compete on fair and transparent terms. The proposed UMG/Downtown deal is deeply concerning for us and for the independent sector as a whole. By consolidating an even greater share of rights and catalogs under Universal’s control, this deal risks creating a market where independent labels like ours are further marginalized. The space for cultural diversity, risk-taking, and artist ownership will shrink, while the leverage of the major will only increase. For a label like Celebration Records and other indies, this could mean: 1. Reduced visibility for our artists on streaming platforms dominated by major-label playlists and promotion. 2. Less negotiating power in licensing and distribution, where the majors already enjoy outsized influence. 3. Higher barriers for developing new talent, as financial and market pressures tilt further towards global monopolies rather than community-based initiatives. In the long term, this is not only damaging for independents but for music itself. If one company can control both repertoire and infrastructure, innovation and diversity will inevitably suffer. Independent labels are often the ones taking chances on new sounds, nurturing artists who don’t fit commercial molds, and sustaining local culture. Deals like this make it harder for us to survive and thrive. For these reasons, we believe the UMG/Downtown deal should be blocked. Protecting independence and diversity in music is not just about business—it’s about ensuring that the next generation of artists has the opportunity to be heard, and that audiences everywhere can access more than just what a single corporation chooses to prioritize.
Nicki Refstrup Bladt
Label Manager, Celebration Records
I think the independant artist requires all the help and assistance possible and turning this area of the music industry into a virtual monopoly creates an unhealthy situation where we are essentially at the whim of the major competitor.
Nicky Bomba
Owner, Transmitter Records
The proposed acquisition of Downtown by UMG poses a significant risk to innovation and sustainable growth in our sector and follows a track record of buying up independent services around the world to stifle competition. Through the acquisition of the Downtown group of companies, UMG will solidify its role as a critical intermediary in the recorded music market, integrating several business lines to control essential infrastructure on which its competitors depend. This would enable UMG to influence the market by imposing terms on the main monetization channels. It would also allow it to exploit the data it gathers from rival companies that use its services to undermine them. This deal must be stopped to ensure every part of the global music industry has a fair chance to grow and succeed.
Noemí Planas
CEO, WIN - Worldwide Independent Network
We are a small, MERLIN-member independent distribution company, providing distribution to over 300 artist clients from Portugal and other countries, working on behalf of musical diversity and European export via digital pitching, marketing and internationalization efforts that were non-existent in Portugal prior to 2019 - there were no Portuguese digital distributors. In order to avoid our Masters, metadata and artist client financials ending up with a Universal owned company, we have had to switch digital backoffice operations away from FUGA, which took us months to do and FUGA have billed us transfer fees and extra months. This is an unexpected charge we were not expecting and a real threat to our business. We are, of course, not alone: The domino effect or fallout from the Universal- Downtown deal is being felt across Europe, we know of many other companies that have not yet been so proactive in switching providers in the hopes that the deal is blocked. If it isn’t, it effectively will mean that the independent digital path to market would be severely compromised across Europe which is completely unacceptable. Even so, if FUGA does not lift these undue charges, we have a real problem either way.
Nuno Saraiva
Mermaids & Albatrosses Lda.
It is very important for artistic diversity and variety in the music industry that independent, small to mid-sized labels remain and can grow. Also it cannot be good for a heterogeneous and properly functioning music ecosystem when a single entity has a monopoly over everything.
Patrick Tilg
MA, Feber Wolle Records
The concentration of music industry firms is leading rapidly to a hold-up for every artist. Revenues are already stolen by streaming services, and major industry players don't care, as they get the main share anyway.
Peter Bonne
CEO, Chayell
The music market is already way too much monopolised. We don't want more of that.
PJ Wassermann
Owner, HyperMusic
The world needs diversity, and that's also true in the music industry. When a few big players divide up the music world, diversity suffers. The independent industry has a proven track record of building up newcomers, and without a suitable foundation, this will become increasingly difficult. In the worst case scenario, a few large companies will decide who succeeds and who fails. This must not happen, as it will cause lasting damage to the music world.
Polish music company
As an independent artist who writes and performs my own music, I rely on accessible and fair services like CD Baby to share my work with listeners worldwide. While I recognize the important role that major companies like UMG play in the music ecosystem, I worry that this deal could create too much dependence on a single player for essential services such as distribution and royalty accounting. This might limit opportunities for independent artists like me and reduce the diversity and innovation that make music so vibrant. I believe it’s important to ensure that the industry remains open and balanced, so both major and independent voices can thrive side by side.
Portuguese musician
You know, this whole UMG wanna buy Downtown thing, it not look so nice for everyone. Big problem is, UMG already the biggest fish in music, ja? And now they also get Downtown, who is working with so many other labels, indie guys, small artists. Means UMG can maybe see all the sensitive data, who release what, where the money go. That’s dangerous, ‘cause they can use it for themself and push the competition down. Also, it make the market too much concentrated. Already it’s hard for small labels and musicians to get fair chance, now with Downtown inside UMG, it’s like one big monopoly vibe. Many people in Europe, they say this takeover kills diversity, less voices, less independence. In the end, more power for UMG, less freedom for everyone else. And they talk nice, “oh, we help indies, we make bigger platform.” But come on, sounds more like marketing? At the street level, small players will get squeezed.
Rainer Scheerer
CEO, Springstoff
I have concerns about the impact for independent labels, publishers and artists, that rely on services like CD Baby and Songtrust, to distribute music to streaming services, track royalties, manage rights and get paid accurately. It's counterproductive to fostering the independent music industry as well as Europe's role as an incubator of musical and artistic expression.
Rebecca Knight
Founder , Audiofunk
The deal could undermine the vitality of the independent music sector by cutting off essential services, such as royalty management and distribution platforms, that the independent music community relies on. The world's largest music company, Universal, will gain too much power and control over the music ecosystem.
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
I have previously sold a business to UMG. They mainly buy to kill the competition. They care very little of what they have acquired. Building another company like Downtown will be extremely difficult. Less competition means less choice for consumers. This is step closer for them having similar status than Live Nation has on live music scene.
Riku Pääkkönen
Owner, Ranka Kustannus
This deal would lead to more monopolism, making it even more difficult for independent record companies to stand out. We need to ensure that independent music gets recognized by the end consumer.
Robby Beyer
Supreme Chaos Records
As an independent rights holder and operator of Zeneszoveg.hu, the leading Hungarian lyric database, I am strongly concerned about the negative impact of the proposed UMG/Downtown deal. These kinds of consolidations do not only strengthen the dominance of the largest companies, but they also put independent players at a systemic disadvantage. Rights and revenues that legally do not fall under collective management – such as lyrics – are increasingly absorbed and claimed by the majors as if they were their own, without legitimate licensing. This misrepresentation distorts the market, erodes our revenues, and undermines the legal framework that should protect local rights holders. For us, the impact is direct and severe: we lose visibility, licensing opportunities, and recognition, while audiences are misled into believing that the majors hold rights they do not. This not only damages competition, but also erases cultural diversity, as smaller local repertoires and independent publishers are sidelined in favor of a handful of global players. It is important to highlight that we ourselves have been fighting through official legal channels for more than five (!) years – and we are still standing, because the jurisdiction has already ruled in our favor twice. Yet these struggles become increasingly heavy and discouraging when the largest players team up, reinforcing each other’s market dominance to shape perceptions of rights ownership. Still, we hope that our case will eventually give hope to other independents, showing that defending rights and cultural diversity is not in vain. If approved without strict safeguards, this deal would accelerate the unfair concentration of power, where global corporations in practice rewrite the scope of rights ownership, regardless of the law. This is why we believe the merger should be blocked, or at the very least conditioned on strong protections for independent rights holders, local markets, and cultural diversity.
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
Too much concentration of power
Salvo Voucher
Label Manager, Escudero Records
As an independent musician and composer, I am deeply concerned about the proposed acquisition of Downtown by Universal Music Group. Deals like this directly affect my ability to sustain a career in music. If UMG controls the infrastructure that I and many others rely on — distribution, rights management, and royalty services — we will be forced to depend on a competitor for essential parts of our work. This threatens fair treatment, transparency, and the freedom to choose the partners that best serve independent creators. I also fear that this deal would reduce opportunities for artists like me. Fewer independent options mean higher costs, less visibility for diverse music, and an even greater concentration of power in the hands of one corporation. Such an outcome would harm not only my livelihood, but also the cultural diversity that independent music brings to audiences. For these reasons, I strongly urge you to block the UMG/Downtown deal.
Samuel Martins Coelho
Samuel Martins Coelho
Besides that, that my competitiveness will shrink even more, I’m afraid they will start to implement new standards and regulations which even indies may have to apply for.
Swiss music producer
All past deals involving major labels have ultimately resulted in artists and rights holders receiving less in the long run. They also make it even harder for us as a small label to assert our rights and negotiate fair agreements. This is especially problematic in niche markets, where it is crucial that the diversity of cultures is reflected in the music offered on digital services. The centralization of power—which already heavily exists with global streaming services—only increases the risk of smaller players disappearing altogether. On top of that, here in Europe we are making ourselves even more dependent on large American corporations, and I believe this is just about the worst possible moment to do so.
Swiss record label
Further loss of the established indie structure, continued dependence on global players.
Thomas Franke
T3 Records
I speak as a VUT board member and treasurer of 31 years of board membership whose employer is a concert promoter who is not a member of VUT. Indies have always had the function of developing artists with the successful acts being signed away to Major record companies. Artists like Einstürzende Neubauten have proven that you can make a living from being an indie artists throughout their career. However the majority of successful artists did sign to a major at some stage. This scheme did work out though for both indies and majors for decades and indies managed to gain 1/3 of worldwide sales. Starting with the acquisition of PIAS and now Downtown this system is likely to collapse because the Indie ecosystem will be seriously harmed through UMGs bargaining power. The most important problem will be the leverage of majors while negotiating with Spotify and Apple. I spent three years as Director Controlling with Germany´s largest independent publisher Budde Music. Budde administers Downtown´s publishing catalogues in Europe and Downtown´s subsidiary Songtrust represents Budde´s large publishing cataloge in the US. I expect UMG to terminate the administration deal with Budde at some point and absorb Downtown´s catalogues into Univeral Music Publishing. This will mean that Budde will loose the substantial income from the administration fees. Universal Music Publishing will certainly absorb the Songtrust business into their network to generate economies of scale. Songtrust will probably continue to operate under their name, but the data processing will be handled by Universal Music Publishing at some point. The disadvantage for writers, composers and publishers will be the fact that they will suffer from the intensive and dedicated work on the copyrights as it is currently performed by Songtrust and Budde. UMP do not have time for queries and claims, when something went wrong in the data processing at UMP or GEMA and other societies or streaming providers. Artists, composers, writers and smaller publishers represented by Budde and Songtrust will loose out.
Thomas Zimmermann
Board member & Treasurer, VUT
Universal Group is already in a very powerful position and wields that power over streaming services to the detriment of independent labels and distributors. Why should artists not have a level playing field? They don't now and they'll have even less of a one if the UMG/Downtown deal is allowed to go through.
Tim Clark
Director, Ferva Music
As a founder of, an indie music label built from the ground up to champion UK talent, I oppose the UMG/Downtown deal. We rely on fair access to distribution and services to compete, nurture artists, and keep creative control. This deal concentrates power, limits opportunities for independents, and risks silencing the diverse voices we fight to amplify. Blocking it protects a fair, thriving music ecosystem.
Toby Egekwu
Manager & Co-founder, Finesse Foreva
Another huge blow to the independent sector, where the biggest player moves into a position of even more dominance? This deal doesn't serve all the independent actors in the music industry, it moves in a direction of more power in the hands of a few.
Tomas Rimeika Karlsson
Rimeika retorik
Concentrating market share is always difficult, especially in the current market situation. This leads to the concentration of the majors in retail and, above all, in media. For indies, there are hardly any more opportunities to appear in the media with their artists.
Volker Sonntag
TAG-7
Major labels don't really care about their artists, they are motivated solely by the money they can make. With the money they earn, they gain more and more influence on digital platforms, offline-online mediums, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Xavier Collin
Directeur Général, Haute Fidélité
We are very concerned about a possible step towards further concentration in a market already dominated by the major companies.
Yannick Matray
Director, InFiné
Major labels are motivated primarily by the money they can make. With the money they earn, they gain more and more influence on digital platforms, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Zsolt Jeges
President, Mamazone Records
It'll suck out many acts and labels from the independent sector, thoroughly weakening it and strengthening UMG's already vast hold on the music sector.
Alan Hauser
Jungle Records
Corporate economy is driven by two interests: maximizing profit and increasing shareholder values. The music industry needs more than that as suitable approach to doing business with artists, composers, labels and all kinds of creative contributors. We need an economic infrastructure driven by entrepreneurship that is caring about cultural diversity, ready to try risky stuff and eager to release innovative sounds. Corporate economy cannot provide that. That’s why we need the freedom of choice to work with truly independent partners.
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
This further market consolidation will definitely have a negative impact on diversity in the music industry. The enormous market power and the pretence of supposed independent structures mislead artists and fans and jeopardise equal opportunities. Our customers are independent record producers and musicians. In the case of record producers in particular, this will lead to a reduction in the number of players, which in turn will reduce the number of our potential customers. In addition, the influence of the major companies will continue to grow, even in committees such as collecting societies. This has an enormous impact on the distribution structures of all rights holders and, of course, agencies like ours, which help rights holders to collect these revenues and also fight for fair distribution, for which they urgently need fair representation of their interests in these committees.
Alexander Warnke
CEO, PRO Agency
Before the explosive growth in digital consumption, there was an expression often quoted by record companies - 'content' may be king, but data will build the castle. Universal's bid to acquire the richest dataset in the market from the Fuga and Curve systems on behalf of their independent label clients will allow Universal the unique ability to farm that data to their own commercial advantage. Independent A&R activity will be laid bare, both from the market activity that A&R reaches, to the royalty and advance/recoupment arrangements of every single artist signed to an independent - as Rob Stringer (CEO Sony) acknowledged recently. Other than this, what commercial advantage does the acquisition of Downtown offer a behemoth the size of Universal with it's own in-house systems for these functions? The acquisition must be blocked by the EU on the grounds of unfair competition.
Alison Wenham
COO, Chrysalis Records
I have a few tracks still on CD baby. While they are going to be pulled by end of month because of this acquisition, if I continued with the service, UMG would then acquire intellectual property as well as personal data from me, as well as stifling competitive options for independent music distribution.
Anthony Cruze
ULX Ultraluxe Group
The recorded music industry is already dominated by an oligopoly, and this deal would only entrench that further. Digital distribution was supposed to create a more level playing field, but in reality, major music companies continue to control nearly every stage of production and distribution. On top of that, with access to Curve, the UMG would gain deep insights into the business operations of countless indie labels, giving them an even greater advantage in the data-driven side of the industry.
Anton Teichmann
Founder, Mansions and Millions
As an independent music entrepreneur, I experience every day how important fair and open structures in the music industry are. Innovation, diversity and cultural variety do not arise by themselves – they need space, competition and equal opportunities. Europe has a vibrant, growing music economy. To ensure it stays that way, we must make sure that artists and companies beyond the mainstream will continue to have fair access to markets, data and services in the future. In my daily work – for example with young artists at the beginning of their careers – I see how crucial transparent structures and fair conditions are. Many of them bring enormous creativity, fresh perspectives and bold musical approaches, but often encounter barriers when it comes to visibility, access to data or fair remuneration. Yet it is precisely this diversity that is at the heart of a strong and future-proof European music landscape. I therefore expressly support IMPALA’s call on the European Commission to carefully examine the long-term, structural consequences of this takeover and to ensure that music in Europe remains open, diverse and competitive.
Austrian music company
As an independent Austrian label with an international outlook but also a strong focus on German-language repertoire, we are concerned that takeovers by majors such as Universal Music threaten diversity. For years we have seen national repertoire lose its place as majors cut staff and close local offices. For us, this means international repertoire from Austria is effectively irrelevant, while local artists are losing their stage. A free and diverse market is essential for Europe’s cultural identity.
Austrian music company
We will not be directly impacted as label or publisher. It’s more about cultural pluralism, artistic diversity, and preventing dominant players from imposing their vision of the market on others.
Aymeric Genty
CEO, I.O.T Records
When unchecked growth disrupts an ecosystem, diversity suffers. If UMG acquires Downtown, entire independent structures are absorbed, giving UMG new power over DSPs and data that weakens independents. The result is less diversity, more homogenised output, and a cultural niche increasingly sidelined.
Birte Wiemann
Project Manager, Cargo Records Germany
The UMG/Downtown deal threatens the independent music sector. By taking control of essential services like, UMG would become gatekeeper to the infrastructure independents rely on. This consolidation risks locking rights away for decades, reducing fair access, and handing sensitive data to the biggest major. The result: less competition, fewer opportunities for independents, and a loss of cultural diversity.
Björn Mathes
Co-Founder / CEO, FerryHouse
As the COO of Zeneszoveg.hu, I see first-hand how market concentration threatens independents like us. When majors merge, they not only expand their dominance but also start to claim rights they never legitimately held – such as lyrics, which in our jurisdiction are not under collective management. For over five years we have been pursuing justice through official legal channels, and courts have already ruled in our favor twice. Still, each step becomes harder when global giants reinforce each other’s position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights – but only if regulators ensure a level playing field by blocking or strictly conditioning deals like UMG/Downtown. they not only expand their dominance but also start to claim rights they never legitimately held, such as lyrics, which in our jurisdiction are not under collective management. Each step becomes harder when global giants reinforce each other's position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights - but only if regulators ensure a level playing field by blocking deals like UMG/Downtown.
Bori Koczka
COO, Zeneszoveg.hu // Songbook
This concentration crushes diversity, limits fair access and silences voices that deserve to be heard. In synch licensing, a crucial revenue stream for indie labels, UMG imposes conditions on production companies that they can’t escape given its massive market share. That leaves only a tiny budget for independents. And this is just one of the many problems this situation creates. The Downtown deal would only make things worse.
Borja Torres
Co-founder, Lovemonk Discos Buenos
A strong music industry only can exist if there is healthy competition and the freedom of choice to find suitable business partners. Diversity is very important for music producing communities and if the largest music company on the market is getting even larger, freedom of choice and diversity will diminish.
Brigitte Matula
Professional representation in the Austrian film and music industry
The UK has always had an important place in shaping culture through music and that has largely started at ground level through artists and labels being independent and innovative. To have a major label gain such significantly greater control over the industry would be to erode the qualities that gives UK music its value. Musicians and labels need viable alternatives to being connected to majors and there needs to be space for innovation and variance in deals and ways of working which the independent sector is great at doing. Not everyone wants to be connected to a major and this deal would minimise choice and move towards creating a monopoly.
British music company
The acquisition of these distributors removes competition for independent labels to find distribution, thus increasing the cost of entry into the market for labels, as fees will naturally increase as UMG continue to relentlessly M&A all of these companies. The reason they are doing this is clear: they cannot break artists in the same way via the traditional frontline model they could as recently as 10 years ago. Now, instead of doing this, the indie community is simply being bought in order to gain market share and create an A&R funnel for themselves.
British music company
The prospect of our royalty accountancy software being absorbed by a major corporation who are controlling a significant part of the market is concerning. It gives sensitive information away to competitors, which could be damaging to our A&R and deal-making; they will effectively know all our commercial terms.
British record label
As an independent label from Latvia, we rely on diverse and neutral services to bring our artists to international audiences. If these platforms fall under UMG’s control, we fear higher costs, reduced access, and the loss of independence that small labels like ours need to survive. This deal risks creating a music ecosystem where one corporation controls too much of the infrastructure, leaving less room for diversity, innovation, and fair competition. For the long-term health of independent music, it should be blocked.
Bruno Roze
Founder/Artistic Director, I Love You Records
For several years Songtrust has been my publishing administrator, and that of several artists on the K label. Prior to Songtrust, it was difficult for independent artists, both emerging artists and established artists whose work was too outside of the mainstream, to receive proper publishing administrative capacity, especially on a global scale. By stepping in to this role Songtrust provided many artists lost in a publishing world "no man's land" with comprehensive collection of the funds due to them, however large or small. If Songtrust loses this focus on the underserved and reverts to a "major label" mentality, many of our artists (myself included) will be left back in that publishing no man's land without any representation for our work, or poor representation lacking the attention to detail Songtrust provides for independent, non-major artists.
Calvin Johnson
Proprietor, K Records
The cartel-like concentration on ever larger players in the music market, who have already established their own rules, such as participation in Spotify with unknown, higher distributions or the dominance of event organizers such as Livenation or Eventim, makes it increasingly difficult for independent labels to survive. An independent music culture can only continue to exist through diversity and supportive conditions for independent labels. Both are acutely threatened by the merger of Universal and Downtown.
Catharina Boutari
Head Of Label, Pussy Empire Recordings
Our business as an independent record label is concerned that the UMG/Downtown deal will allow UMG to have access to and potentially use Downtown services, data and other customer information for its own needs. We use FUGA as our delivery partner to DSPs and rely on its independence from any and all majors. UMG's control over Downtown would also allow it to remove or drive down services valued by independents, make notable price hikes, decrease investments in service developments and prioritise strategies in line with UMG's own. Given the massive size and power of UMG, they could do this both in the short-term or over a long period of time. These are a few examples of why the deal should be blocked.
CEO of Finnish record label
We have thought long and hard about which Royalty Accounting System to use in our day to day business, tested several services that are on offer and finally settled with Curve as this accounting system is tailored to meet our needs as an independent rightsholder spot on while being an independent entity. This is why the acquisition of Curve by Downtown in January 2023 was quite the talking point as any acquisition or take-over trims down the freedom of decision-making. However, with Downtown offering a variety of services to especially independent music companies, the acquisition was accepted. If the bigger fish in the sea, i.e. Universal, now gobbles up Downtown, Universal is suddenly in an unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal suddenly controls a lot more than merely “an additional company”, but market access for independent music companies predictably resulting in limited market access for independents companies as well as a serious blow to all aspect of diversity in the creative sector.
CEO of German music company
We are an independent music distribution company, that uses FUGA as an aggregator to deliver digital releases to the DSPs. We are concerned that Universal could gain access to our sales data and potentially use this information to identify successful music from our catalogue in order to license it for themselves.
CEO of German music company
I believe that acquisitions of this type drastically change market competition. By offering a wider and more diverse range of options, UMG will leave fewer tools and less favorable conditions for the smaller players in the industry to offer their potential clients. Additionally, something that is already happening is that in large digital platforms like Spotify, rules and restrictions are applied to some providers, but not to others.
CEO of independent Bulgarian music company
The market shares will be even worse than before. Since the music market now is only based on streaming shares is this a true threat to all independents.
CEO of Swedish music company
It would further restrict our choices should we decide to change digital distributors because we want to stay with an independent distributor - there are few serious options left that can cater for us. I would also worry how much more Universal can influence deals we are offered by DSPs, as these are already based on what they have negotiated with the majors in a "take it or leave it manner".
CFO of Dutch music company
"Overly dominant market players, in any industry, have the potential to be detrimental to the diversity and health of that sector. The independent music sector brings enormous cultural value by giving voice to and financially supporting innovative, niche, and localised artists in a market already dominated by extremely powerful players. This sector, including our company, plays a key role in supporting and nurturing a diverse and dynamic ecosystem. However, in these transformative times, we are operating in an extremely fragile environment. Powerful global corporations are openly asserting the need for further dominance to satisfy their shareholders. Further consolidation within the industry, as proposed in this transaction—particularly when it includes ownership of some of our sector’s most sensitive and crucial infrastructure and data—will irreparably damage this ecosystem and be detrimental to music culture globally."
Charles Caldas and team
Exceleration Music
An estimated 78% of Music Rights are controlled by three big labels only. This is already a crazy monpolistic situation. Any further concentration must be avoided.
Christian Mueller
Founder, SPOZZ.club
As a team operating a micro-business outside of the major global music centres, we see this development as a serious threat to the diversity and independence of our industry. Operating sustainably at a small scale is already challenging. This merger would centralise power further and risks reducing the limited opportunities available to independent voices. In today’s music landscape, data not only drives business decisions but also curatorial choices - from radio programming to festival line-ups and media appearances. Consolidating even more data and distribution power under the largest music company in the world increases an already unprecedented level of business intelligence and influence, further marginalising independents. If the music industry is to thrive, it must make space for work that exists outside of the mainstream. Monopolisation of distribution runs counter to that vision, and risks homogenising the culture we all depend on. We oppose this merger in order to protect independence, diversity, and the future of music.
Co-founder of Scottish music company
Concentration in the music industry has mostly brought disadvantages for artists and small businesses within the sector. Personally, I believe that copyright and publishing rights are the "treasure" of artists, both established and emerging. In light of recent moves, I am sceptical that companies with an oligopolistic position can take care of this treasure with a perspective that emphasises creative force over mere business models.
Cristián Elena
COSO Records
The deal is closing opportunities for independent labels to distribute their music across digital platforms through reliable independently owned companies. It also raises concerns about usage of accumulated data from indie companies who worked with Fuga, Downtown etc., as this data would now be owned by a major company who would, beyond doubt, use it for further acquisitions or to their advantage on the market. In order to sustain fair market this deal should be stopped. Although not many labels from our territories used companies that are part of this deal, the impact on the digital market would be devastating, creating an already dominant company even bigger and thus influencing all other parts of the music business, like physical distribution, rights collecting, access to artists, media, policy makers etc. In developing markets, like most of them are in Southeast European region, the impact would be even more negative.
Dario Draštata
Executive Director, Dallas Records
When near-monopolist Universal tries to acquire Downtown, one of the largest independent music ecosystems, and does so in the name of independence, it cheapens what the word means. Market consolidation at this scale is not only anti-competitive, it is a fundamental threat to true independence.
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
Simply put, this acquisition would skew the global music market to a level never seen before, even compared to times when the majors were more dominant and forced to divest. It would remove any semblance of competition and erode the possibility of fairness for artists and other music makers.
David Martin
CEO, Featured Artists' Coalition
We have been part of the independent scene for 30 years now, and the impact of this deal is very negative for our industry because its vital that we all support each other to help our bands, content and promotion.
Dennis Dañobeitia
Manager and Owner, CFA
I've been marketing for independent artists for over five years, working with more than 180 clients. I'm also the A&R for the independent distributor SYMPHONIC. I see a threat that fewer and fewer artists are working with their own teams and are under the standards of MATOYORS companies.
Diego Monje Coccolo
CEO, Cactus Music
Reduces pathways to market in the independent ecosystem. That is not ideal.
Dylan Pellett
General Manager, Independent Music New Zealand
Universal Music Group's recent acquisition of Downtown is big blowback and a sharp knife cut to the independent music eco-system in Europe and especially in the Balkans. As indeoendent record labels and music distributors, we are loosing major ground and music scene has been easly manipulated by the majors. This acquisition and harsh move is a prime example of how independent record labels musicians and distributors are driven into much tougher conditions and left out of the eco-system not being able to compete. It's a big fish eating the small fish story as usual and we need to stop this repeating relentless attempts towards the creation of a bigger monopolitic sector by Universal Music Group.
Engin Akinci
General Manager, Zoom Music & Management
The overwhelming dominance this merger will give UMG in the market will allow them to use their size to demand better deals from suppliers - for example distribution platforms will likely be required to share more of their profits with UMG by way of discounts, cash backs, bonus payments to UMG which means that the distributors in order to maintain a viable business will have to take profits from small businesses by way of increased fees thus making it harder for smaller businesses to survive. Its not just an economic matter but a serious cultural issue - UMG will lean towards the more popular and commercial end of the market thus squeezing out innovations, diversity and experimentation. This merger will be a power to cultural conformity to the lowest popular denominator and avant garde, esoteric and ethnic music forms will be suffocated, left out in the cold unable to earn enough to maintain their businesses. UMGs dominance of the market will make it susceptible to political manipulation by unscrupulous governments and in that context the merger is profoundly anti and undemocratic. On an economic, cultural and political level this merger will have profound negative effect on society as a whole.
Eric Longley
Principal, 25 Hour Convenience Store
The less companies there are the more dependent artists, retailers get. To have a strong economic sector you need a differentiated landscape of companies. The creative sector is mainly based on small and middle enterprises, if there is one huge player and all the others are little, there won't be a saine sector as the little ones will soon close or will need state subventions to survive (see film and games sector).
Ester Petri
Carus-Verlag
The majors already have massive control over the whole music ecosystem, from publishing to distribution, from streaming to royalty rates. If they occupy more from this pie, they eventually suffocate the grassroots and indie sector that feed the whole ecosystem. Like taking out the bees from Earth.
Eszter Décsy
Corner Art Management & Records
It will become even harder for small territories (such as Switzerland) to have music exported, and to gain visibility through streaming platforms.
Fabienne Schmuki
Irascible Music
I’m very concerned about the UMG/Downtown deal and the long-term harm it could cause to the independent music community. Independent businesses and artists already face enormous challenges when competing against the scale, resources, and market control of the majors. A deal like this would further concentrate power in the hands of one of the biggest players in the industry, reducing the diversity and sustainability of the sector.
Fabio Besomi
Label Manager, il domani
There's already a too strong monopoly from major labels in the music industrie. It will be even more difficult or mostly impossible to uphold alternative structures.
Flavian Graber
Spectacular Spectacular
This is a crucial moment for the future of Europe’s music landscape. The Commission’s intervention shows these concerns are being taken seriously. The risks of reinforcing the leader and losing a big competitor are clearer today than ever before. Remedies would be ineffective in today’s music market. We trust the Commission will take the necessary steps to protect competition, access, and diversity across the sector.
Francesca Trainini
Vice President, PMI Italia
The real threat lies in majors systematically acquiring the distributors and service providers that independents rely on. This wave of acquisitions eliminates competitors, reduces options for labels and artists, and concentrates critical data and royalty systems in the hands of a few dominant players. By reinforcing the ‘super-major’ model, these deals drive up costs, undermine fair competition, and endanger cultural diversity and the long-term sustainability of local music ecosystems in Chile, Latin America, and beyond.
Francisca Sandoval
IMICHILE
The Commission’s detailed investigation addresses the concerns of many across the industry: that unchecked consolidation poses a systemic threat to the future of an open music sector with plenty of choice for consumers and artists. This isn’t just about one deal, it’s about stemming a tide that will stifle diversity and limit opportunities. This is a global issue with consequences in many local markets, and we look to other regulators, including the CMA in the UK, to follow the EC’s lead to ensure a balanced and competitive music market.
Gee Davy
CEO, AIM
The only outcome must be blocking the deal. Downtown Music is a key player for independents. Its takeover by UMG would give the world’s largest music company unprecedented control over a significant route to market through which independent artists and labels reach their audiences.
Geert De Blaere
N.E.W.S., BIMA
The more majors control, the more they CAN and WILL control. We need to have as many independent business as possible to have a vibrant music industy - and therefore we need to stop majors buying influence, data and catalogue.
General Manager of Danish music company
Universal's acquisition of Downtown would further consolidate Universal's monopoly position and further increase Universal's influence on platforms like Spotify, further weakening the competitiveness of independent music companies. Furthermore, the acquisition of Downtown would give Universal access to confidential artist data, thus gaining information through the back door that would give it a competitive advantage over rival companies.
German music company
Time and again, we hear the same message at the outset of an acquisition: nothing will change. The company is being purchased because of what it already is, so there’s no reason to alter anything. Yet, without fail, a few months later the changes begin. Rarely are they for the better. More often than not, efficiency targets, profit margins, and the strategic goals of the acquiring company take priority over the identity and interests of the acquired business. History is full of examples. In the latest statements from Downtown, they repeatedly emphasize that Virgin will be a great partner. What they don’t say is that Virgin is owned by Universal. Which means, in effect, that this acquisition is being made by Universal itself. Universal has already been abusing its dominant market share in multiple ways—for example, manipulating streaming payouts to its own benefit, to the detriment of independents. Allowing this market giant to expand its market share even further would be reckless. I fully expect that access to some of Downtown’s currently services will either disappear or return on much less attractive terms. And with Universal’s increased market share, I also anticipate further declines in streaming payouts, driven by its influence and market power at the leading DSPs.
German musician
Through the acquisition of Curve, Universal will be in the unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal will control market access for independent music companies.
German record label
My concern is that Universal will gain too much market power, and force conditions on the market that favor and prioritise them. This is what they have done in the past, and it creates a difficult situation for small indie labels.
German record label
"As an independent label, we view Universal’s planned takeover with deep concern. It accelerates the monopolisation of the music market and threatens both competition and artistic diversity. When essential infrastructures such as distribution and rights management lie in the hands of a few large corporations, independent players lose vital room for manoeuvre. Of particular concern is Universal’s access to sensitive data on artists, distribution and market trends, which until now has been managed fairly and independently. This concentration of data power reinforces Universal’s role as gatekeeper and makes it harder for smaller labels and artists to access markets and platforms. We also fear that concentrated control will restrict choice in digital distribution. This risks disadvantaging independent creators and undermining cultural diversity. Our goal remains to protect innovation, diversity and fair opportunities for all artists."
German record label
The deal itself isn't bad. But then, many independent artists use Downtown's distribution subsidiaries such as CD Baby, and there seems to be conflicts of interest. In case, an artist is blacklisted by major labels and wants to distribute his tracks as an independent. I also fear that some artist's tracks or album could be removed from streaming platforms and also prevented or blocked from being distributed, for business reasons or simply conflicts of interest.
Ghanaian musician
Among all the consequences that UMG's acquisition of Downtown could generate, the most worrying is the consolidation of the link between the major label and digital platforms. We have recently seen how Universal was able to design, almost unilaterally, the remuneration model for DSPs which, despite their critical size, can only yield to its power and the importance of its catalogs. Its CEO, Lucian Grainge, has openly acknowledged this in his public statements: artist-centric and streaming 2.0 are concepts that he himself has shaped and which we know are aimed at increasing his market share, which has recently been undermined by the diversity and vitality of independent creation. The recent acquisition of numerous independent distributors responds to several challenges: removing competitors from the market, achieving a level of concentration that gives it increasing control over platform choices and, ultimately, promoting the concentration of revenues around a handful of artists, a phenomenon already observable today. The new challenges of concentration no longer relate to the ability of all players to access the market (theoretically, anyone can publish their music on the platforms), but to their ability to emerge from too abondant a supply and generate significant income. However, the concentration of income resulting from agreements between UMG and the major DSPs on the remuneration model means that artists and producers who live in the independent ecosystem are unable to make a decent living from music and continue to invest in new music. The disparity between situations must be reduced and the diversity of economic models preserved.
Guilhem Cottet
UPFI
Music is a business and we are a part of it; OK, we know. But music also plays a much bigger role in and for culture and society in the broader sense. A role that is in great parts carried out by small and independent record labels and publishers. This culture needs nourishing, it needs opportunities and it needs fairness. The more extreme the business side of music becomes, the more endangered is the cultural aspect. The ongoing and accelerating trend towards ultimate and market-defining power for a few big corporations is therefore a dangerous precedent. It will eventually lead to a bigger market-concentration, which by definition is the opposite of what should be in policymakers interest for a diverse and flourishing musical culture in Europe.
Hannes Tschürtz
Ink Music
It’s not so much the specific deal that concerns me. It’s the numerous deals sweeping up the independent sector over recent years. And the cheek of these companies to use the name ‘independent’ ad nauseum. Owned by the largest MAJOR in the world and still claiming to be independent!? We are rapidly seeing the consumption of the true independent world. Making it harder for us to compete when signing artists and when trying to take them to the wider world.
Harvey Saward
Director, Remote Control Records
The EC is right to look closely at the impact of this acquisition and we believe blocking this deal is the only way to safeguard pluralism and diversity. All sectors need strong big companies as leaders, and all businesses deserve good options if the founders want to exit. However, there is a point when big is too big for the ecosystem and that harms the whole market including music fans and artists.
Helen Smith
Executive Chair, IMPALA
If Universal acquires Downtown, it will own a vast catalog of data from independent artists and labels, as they have been using Downtown's accounting systems to date. We do not want this data to be in the hands of major labels. The conditions for smaller labels could deteriorate; with greater market power, Universal could have even more influence on streaming services and, for example, increase Spotify's 1,000 stream limit to 5,000 or even more, which would affect the payment threshold for smaller artists and labels in such a way that the money would mainly go to the big players.
Henrietta Bauer
Bretford Records
In general I think it's very bad for the music industry when larger companies keep acquiring smaller companies. We need more independent companies, not larger majors, to keep a healthier competition in this world. This acquisition should therefore definitely be blocked!
Henrik Augustin
Co-founder, Villa Management
As an independent label based in Varna, Bulgaria, we are deeply concerned about the potential consequences of the UMG/Downtown deal. Independent companies like ours are already operating in a fragile ecosystem, where access to fair distribution, visibility on digital platforms, and negotiating power are limited. If UMG strengthens its grip through this acquisition, the competitive landscape will become even more one-sided. This will not only reduce diversity in the music market but will also make it harder for local voices and emerging talents from countries like Bulgaria to be heard internationally. We believe the deal should be blocked, as it undermines cultural diversity and fair competition, especially in markets where independent infrastructure is still developing.
Independent Bulgarian music company
Independent music needs independent distribution!
Independent German artist
As an independent label, we oppose the UMG/Downtown deal because it concentrates too much power in the hands of a major. Beyond the general threat to competition and diversity, this deal is especially damaging because Downtown’s sub-companies like Curve handle sensitive financial and operational data for many independents. If UMG gains access to these insights, a major corporation will have unprecedented visibility into the inner workings of its competitors, creating a huge imbalance and undermining trust. This deal threatens the independent sector by limiting competition, reducing diversity, and weakening the ability of small labels to negotiate fair terms with distributors, DSPs, and other partners. Independent labels are built on fairness, creativity, and artist-focused growth. Allowing UMG to control such infrastructure will weaken independents, limit artist choice, and reduce cultural diversity. For the health of the sector, this deal must be blocked.
Independent German music company owner
Concentration and Market Power: Universal is one of the “Big Three” in the music industry. An acquisition would further strengthen its market power. Less competition could lead to higher prices for services such as distribution, licensing and publishing. Independent labels may have less bargaining power when dealing with major players. Loss of Independence.
Independent German record label
The UMG/Downtown deal is worrying because it puts even more pressure in the independent sector and creates an unfair imbalance of power which will be allocated to the biggest label in the world. We rely on diversity and flexibility and this move risks fair competition in the market. As an independent musician, I see this as a direct threat for young, up and coming artists to build a sustainable career. If catalog management and distribution fall further under UMG control, access to licensing, platform visibility, and fair revenue splits will become even harder. In an already saturated streaming market, this pushes independents further to the margins. In the long run, even without signing to a major, we risk being dependent on them for distribution, royalties, or publishing networks. That narrows the options, stifles innovation, and weakens cultural diversity. Protecting independence is essential, not just for fairness, but to keep music’s creative ecosystems alive.
Independent Portuguese musician
Concentration usually leads to a withering of supply. When only a few people are left to make decisions, everything ultimately reflects only their taste and objectives. We need to return to diversity.
Joachim Irmler
Musician,
Playground Music Scandinavia operates across Sweden, Denmark, Norway, Finland, and Estonia, signing and developing local artists as well as offering distribution and support services to local and international labels. The UMG/Downtown deal would widen the gulf between the majors and independent actors, enhancing UMG’s concentration in the market where we should be looking to ensure a more balanced and competitive music market benefiting artists and innovation. This consolidation is yet another step towards oligopoly and threatens the independent sector’s ability to compete, innovate, and support diverse music across Europe. The deal should be blocked.
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
On behalf of the independent music community in Germany, we are writing to express our serious concerns regarding the proposed acquisition of Downtown Music Holdings LLC (“Downtown”) by Universal Music Group N.V. (“UMG”), currently under investigation by the European Commission – Case M.11956. The music industry in the EU is a cultural and economic success story, with recorded music revenue growing at 8.7% in 2023 and valued at €5.2 billion2. It is home to some of the most recognisable names in music, alongside thriving independent businesses. But we can’t take this for granted. While the EU’s music industry is indeed growing, this growth is uneven and lags behind other global markets. At the same time, changes are being made to how streaming revenues are shared, over which the independent sector has no say. A level playing field is essential to support a thriving music ecosystem that delivers benefits for the economy, culture and innovation. Everyone has a role to play – from the biggest music company in the world to the independent disruptive start-up uncovering new genres and sounds. But when acquisitions like this one occur and start to tip the scales too far, we must act. The proposed acquisition by UMG represents a serious risk to that balance. By absorbing Downtown’s distribution, royalty accounting, and rights management capabilities – services used by thousands of companies and artists across the independent sector – UMG would further entrench its already significant market power. The deal would place a significant chunk of essential infrastructure under the control of the market leader. That’s why it’s critical that the deal is reviewed through the lens of its “control share” over the digital markets economy, as well as the physical market, not just share by revenue. This isn’t just a simple “investment” in one of the world’s most prominent independent companies; it is about control. The implications are profound. This consolidation would further enable UMG to act as a gatekeeper to some of the sector’s best services, shaping which music is heard, promoted, and monetised. Such power carries risks not only to the commercial fortunes of independent businesses, but to the creative breadth and diversity of music itself. A concentration of this magnitude would narrow the range of voices, styles, and cultures that reach the public. It would give UMG further power to shape digital services, influence monetisation thresholds and extract more, at the expense of the independent sector. That would reduce choice for consumers, stifle experimentation, and undermine Europe’s role as a vibrant incubator of musical and artistic expression. Fans will hear less of the new and more of the same. Artists working outside the commercial mainstream will struggle to find traction. And a once-thriving creative economy will begin to stagnate. This acquisition also provides a key competitive advantage by allowing UMG to collect data from rivals using its services. This data is far reaching, from distribution information – including artists and song trends, and performance on digital platforms – all the way through to critical business information such as pricing, contractual terms and strategic relationships. Being able to access all of this data would give UMG backdoor access to other competing businesses in the market and strengthen its already advantageous position even further. Independent music companies play a vital role in promoting music innovation, fostering diversity and protecting culture. To fulfil that role, we must have fair and non-discriminatory access to the best infrastructure in the music economy. And not be forced into structural dependence on our biggest competitor who is also shifting payment models on digital services The proposed acquisition poses a clear threat to effective competition, innovation, and the growth of the music industry across the EU and globally We must keep music open.
Jörg Heidemann
CEO, VUT (German Independents Association)
Diversity is what makes music thrive. Just like in our society, the most beautiful thing is when many different voices, ideas, and perspectives can exist side by side and influence each other. That's how we grow. When this diversity shrinks, it's not only the independent scene that suffers, but also the creativity that enriches our entire world. That's why I hope decisions in our industry will always be made with diversity in mind, so that art remains open, colorful, and alive in the long run.
Julian Scheufler
Südpark Studio
We need to secure the independent sector by letting it be independent; this deal would mess up the eco-system of independent sector.
Katja Vauhkonen
Executive Director, Indieco
Big companies are important and all independent businesses deserve options when they want to exit. We just need to also make sure those who are starting out or who decide to remain independent can operate in a healthy market without oversized rivals. That’s why this acquisition matters and why I am urging regulators to block this.
Kees van Weijen
Managing Director, HIT4US Entertainment
Diversity and innovation in music can only exist if independent players have equal access to fair and neutral partners.
Kimberly Balthasar
Grönland Records
Artists and record companies need an open and diverse infrastructure to thrive. Allowing UMG to absorb a major independent player would push the industry closer to a two-tier system where market power—not creativity—determines who gets seen and heard. In Norway, we’ve long faced an overwhelming concentration of market power in the hands of the three major companies — and as their dominance grows, the share of independent repertoire continues to decline. This merger risks stripping indie labels and artists of their autonomy, concentrating control over distribution, skewing negotiations with streaming platforms, and giving UMG privileged access to critical market data. Independent music has proven its strength, innovation, and cultural value — but it can only survive if competition remains fair. Every new consolidation tilts the playing field further, shrinking the space where indie label and indie artist-led models can grow. For the health of Europe’s music ecosystem, and to protect diversity, innovation, and fair competition, the UMG/Downtown deal must be stopped.
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
Obvious Negative Impacts of UMG / Downtown Deal: Market Concentration / Less Competition: UMG already dominates global recorded music. Adding Downtown’s publishing, distribution and services power further consolidates control. This reduces choice for independent artists and labels, who rely on smaller, competitive players to negotiate fairer terms. Reduced Bargaining Power for Independents: With UMG owning more of the supply chain, independent artists and businesses lose leverage in distribution, licensing, sync deals, and playlisting. Deals and revenue splits could become more one-sided in favour of UMG. Fewer Routes to Market for Artists: Downtown historically provided independents with an alternative to majors for publishing, distribution and rights administration. With UMG in control, that “independent-friendly” option is likely gone, forcing artists toward the major label system they may want to avoid. Conflicts of Interest: If UMG owns Downtown but also competes with Downtown’s former independent clients, there’s a risk of biased prioritisation. Example: catalogue exploitation, sync opportunities, playlist pitching — UMG artists will be prioritised. Price and Access Issues: Services once designed for independents (affordable distribution, transparent royalty collection, fairer publishing admin) could be “absorbed” into UMG’s higher-cost, less flexible systems. Indie artists/labels may face higher costs or lose access altogether. Stifling Innovation: Independent companies like Downtown have historically pushed new models (DIY distribution, admin-only publishing). With UMG taking over, the incentive to innovate is weaker — majors prefer to maintain existing power structures. This slows down progress for the entire sector. Cultural Homogenisation: Independents are often where risk-taking, niche genres, and diverse voices thrive. Increased consolidation under UMG risks sidelining those artists in favour of safe, commercial mainstream acts. In short: The deal reduces competition, limits choice, and creates even more barriers for independents — harming the diversity, fairness, and future sustainability of the music ecosystem.
Lee Jones
CEO, The New Church Records
This deal with narrow our chances of getting recognized as a small business in this marketplace. Thus reducing the avenues of which I get my independent artists recognition on digital sites and physical record stores.
Lio Kanine
Co-owner, Kanine Records
As an independent Portuguese artist, I oppose the UMG/Downtown deal. This acquisition would concentrate too much power in the hands of one major label, giving UMG access to services and sensitive data that independent musicians rely on. It threatens diversity, fairness, and real independence in music. For these reasons, I believe the deal should be blocked.
Marciano Cordeiro da Silva
mARCIANO
I am writing to you as the General Manager of Entrebotones, S.L., an independent label based in Spain that has been active for 13 years. We currently work with 56 artists and manage a catalog of more than 300 works distributed on digital platforms worldwide. Our company is directly dependent on the distribution and administration services provided by Downtown/FUGA, which constitute a fundamental pillar of our business model. In our opinion, the proposed transaction by Universal Music Group (UMG) to acquire Downtown poses the following risks: Loss of neutrality of essential services. Downtown/FUGA currently acts as an independent provider. In the hands of UMG, there is a clear incentive to prioritize its own catalogs and limit the access of labels like ours to distribution agreements on an equal footing. Improper access to sensitive data. Downtown handles detailed information about our revenue, negotiations with platforms, and consumer data. The transfer of this information to a dominant competitor would pose a serious competitive disadvantage. Reduced real options for artists and labels. Consolidation eliminates a key independent partner in the ecosystem and reinforces concentration around the three major groups. This would translate into more restrictive commercial conditions and a reduced ability to support emerging and niche artists. Cultural impact and diversity. Labels like ours fuel the local scene and alternative styles that find it difficult to find support in the majors. The weakening of the independent network will directly affect the musical diversity available to European consumers. For these reasons, we respectfully request that the Commission block this transaction or, failing that, impose strict structural and behavioral remedies that guarantee service neutrality, the protection of sensitive commercial data, and equal access for independent labels to the digital value chain.
Maria Inés Collarte Centeno
General Manager, Entrebotones
The UMG/Downtown deal threatens to create a two-tier music market where independent artists and labels face significantly reduced bargaining power with streaming services and distribution channels, ultimately limiting opportunities for diverse voices in music. This consolidation would further entrench UMG's dominance across European markets, squeezing out competition and jeopardizing the long-term viability of independent music businesses.
Mario Rossori
ROSSORI Promotion & Music
Curve coming under the control of Universal will remove one of the few choices we have in relation to royalty accounting and copyright management software. It will generally further increase the leverage Universal already has and uses for its own benefit only on streaming services.
Mark Chung
VUT board member and musician
Market share confers decisive influence over revenue streams and marketing outlets which are of vital importance to all music makers and their agents and businesses. Rights distributions can be weighted in your favour, chart rules can be amended to exaggerate or diminish the visibility of certain artists, small retailers and radios can be obscured and hidden. In addition, as recognised by UMG, streaming architecture and royalty payouts can be engineered to favour some artists and to ignore others. The tendency of concentration is always to narrow choice and to silence voices. We have even seen repeated attempts to undermine the voices of the independent collectives on this issue over the last months. UMG is already too big, with too much competitive advantage in Europe; this deal needs to be stopped.
Mark Kitcatt
Everlasting Popstock
The music market has a fundamental monopolization problem. We are confronted with market distortion due to unrestrained market dominance on three levels: The aspect that our music is a cultural asset that should be accessible to all consumers sets the stage for a notorious under-regulation—lawmakers tend to prioritize consumer interests over intellectual property rights in the name of the common good, while regularly overlooking the fact that consumer interests in the platform economy are almost exclusively redefined as the particular economic interests of service providers. These service providers, in turn, are usually part of super-cartels that dominate not only their specific market segment, but also a network of forward- and backward-integrated neighboring markets where they do not have to generate added value with music. Music has gone from being a tradeable product to mere content that provides the basis for value creation in other markets (such as advertising, device sales, etc.) without being adequately exploited itself. If, in this setting, the rights holders of content also form integrated monopolies, this problem is further worsened. We have already seen unfair, non-transparent deals between service providers and major rights holders in the past. The fact that Tencent, a Chinese internet company, already holds a 20% stake in UMG highlights the danger that, in the music trade, the interests of both sides of the negotiating table are increasingly shifting away from fair remuneration and toward the cheapest possible availability of content. For the sake of a free and sustainable market, this kind of disruption must be curbed.
Markus Rennhack
Kick The Flame Publishing
Our company wouldn't directly be affected by a possible acquisition. If it does go through it will simply make being truly independent ever more difficult.
Marlon McNeill
Founder, A Tree in a Field Music
We use Curve for accounting, which means Universal will have access to our data. They may also use Curve to incentivise us to move to major distribution. Increased market share means increased leverage.
Martin Goldschmidt
Cooking Vinyl
We are now operating in an industry increasingly shaped by global corporations, whose dominance over digital infrastructure affects everything from artist visibility to revenue. This ongoing consolidation amounts to a systematic weakening of the independent sector's ability to compete on fair terms. The rise of independent music has shown that artist-led and community-driven models can thrive when given space, but that space is shrinking rapidly under the weight of unchecked acquisition strategies. The independent sector is resilient, adaptive, vital and culturally diverse, but without decisive regulatory intervention, even the most innovative and committed independents will struggle to compete. This is more than just a market issue; it is a cultural one. When asked by people why we feel that UMG is dominant, it is an easy question to answer. They are dominant because they themselves say they are.
Martin Mills
Chair, Beggars Group
I think the big danger is the market concentration and that Universal now have access to the statistics of their compeditors, and also that the majors' outsized domination in digital distribution gets even bigger.
Mats Hammerman
Massproduktion
Downtown in hands of UMG would mean more monopolisation of the music market. we need more diversity and not some few companies which decide where to go, what to do and what to hear.
Matthias Möbius
Viamas
There are already so few large publishing companies
MD of British record label
Artists rely on a pluralistic infrastructure that reflects diversity in both ownership and access. Allowing UMG to consolidate control over a major independent player would move the industry further toward a two-tier system, where market dominance—not creative merit—determines visibility and success. The acquisition of Downtown by UMG can mean a loss of autonomy for indie labels and artists relying on distributors who end up being absorbed by a major label, an even greater imbalance in negotiating power with streaming platforms (visibility, licensing agreements, etc.) and an increase in information asymmetry, given privileged access to critical business data. We therefore urge the European Commission to block the acquisition altogether.
Nacho García Vega
President , International Artist Organisation
The UMG takeover of Downtown Music Holdings will increase market consolidation in a way that will negatively impact the independent music scene. Players such as FUGA and Curve play a vital role for independent artists and labels. Placing these in the hands of the largest music company in the world will almost certainly stop them from operating freely, not to mention the inevitable job losses and cuts that will arise as the companies are absorbed into the UMG cosmos.
Neil Grant
Neil Grant Media & Promotion
At Celebration Records Denmark, we exist to champion local voices, nurture emerging talent, and ensure that music outside the mainstream has a place to grow. Our ability to do this relies on a music ecosystem where independent labels, artists, and businesses can compete on fair and transparent terms. The proposed UMG/Downtown deal is deeply concerning for us and for the independent sector as a whole. By consolidating an even greater share of rights and catalogs under Universal’s control, this deal risks creating a market where independent labels like ours are further marginalized. The space for cultural diversity, risk-taking, and artist ownership will shrink, while the leverage of the major will only increase. For a label like Celebration Records and other indies, this could mean: 1. Reduced visibility for our artists on streaming platforms dominated by major-label playlists and promotion. 2. Less negotiating power in licensing and distribution, where the majors already enjoy outsized influence. 3. Higher barriers for developing new talent, as financial and market pressures tilt further towards global monopolies rather than community-based initiatives. In the long term, this is not only damaging for independents but for music itself. If one company can control both repertoire and infrastructure, innovation and diversity will inevitably suffer. Independent labels are often the ones taking chances on new sounds, nurturing artists who don’t fit commercial molds, and sustaining local culture. Deals like this make it harder for us to survive and thrive. For these reasons, we believe the UMG/Downtown deal should be blocked. Protecting independence and diversity in music is not just about business—it’s about ensuring that the next generation of artists has the opportunity to be heard, and that audiences everywhere can access more than just what a single corporation chooses to prioritize.
Nicki Refstrup Bladt
Label Manager, Celebration Records
I think the independant artist requires all the help and assistance possible and turning this area of the music industry into a virtual monopoly creates an unhealthy situation where we are essentially at the whim of the major competitor.
Nicky Bomba
Owner, Transmitter Records
The proposed acquisition of Downtown by UMG poses a significant risk to innovation and sustainable growth in our sector and follows a track record of buying up independent services around the world to stifle competition. Through the acquisition of the Downtown group of companies, UMG will solidify its role as a critical intermediary in the recorded music market, integrating several business lines to control essential infrastructure on which its competitors depend. This would enable UMG to influence the market by imposing terms on the main monetization channels. It would also allow it to exploit the data it gathers from rival companies that use its services to undermine them. This deal must be stopped to ensure every part of the global music industry has a fair chance to grow and succeed.
Noemí Planas
CEO, WIN - Worldwide Independent Network
We are a small, MERLIN-member independent distribution company, providing distribution to over 300 artist clients from Portugal and other countries, working on behalf of musical diversity and European export via digital pitching, marketing and internationalization efforts that were non-existent in Portugal prior to 2019 - there were no Portuguese digital distributors. In order to avoid our Masters, metadata and artist client financials ending up with a Universal owned company, we have had to switch digital backoffice operations away from FUGA, which took us months to do and FUGA have billed us transfer fees and extra months. This is an unexpected charge we were not expecting and a real threat to our business. We are, of course, not alone: The domino effect or fallout from the Universal- Downtown deal is being felt across Europe, we know of many other companies that have not yet been so proactive in switching providers in the hopes that the deal is blocked. If it isn’t, it effectively will mean that the independent digital path to market would be severely compromised across Europe which is completely unacceptable. Even so, if FUGA does not lift these undue charges, we have a real problem either way.
Nuno Saraiva
Mermaids & Albatrosses Lda.
It is very important for artistic diversity and variety in the music industry that independent, small to mid-sized labels remain and can grow. Also it cannot be good for a heterogeneous and properly functioning music ecosystem when a single entity has a monopoly over everything.
Patrick Tilg
MA, Feber Wolle Records
The concentration of music industry firms is leading rapidly to a hold-up for every artist. Revenues are already stolen by streaming services, and major industry players don't care, as they get the main share anyway.
Peter Bonne
CEO, Chayell
The music market is already way too much monopolised. We don't want more of that.
PJ Wassermann
Owner, HyperMusic
The world needs diversity, and that's also true in the music industry. When a few big players divide up the music world, diversity suffers. The independent industry has a proven track record of building up newcomers, and without a suitable foundation, this will become increasingly difficult. In the worst case scenario, a few large companies will decide who succeeds and who fails. This must not happen, as it will cause lasting damage to the music world.
Polish music company
As an independent artist who writes and performs my own music, I rely on accessible and fair services like CD Baby to share my work with listeners worldwide. While I recognize the important role that major companies like UMG play in the music ecosystem, I worry that this deal could create too much dependence on a single player for essential services such as distribution and royalty accounting. This might limit opportunities for independent artists like me and reduce the diversity and innovation that make music so vibrant. I believe it’s important to ensure that the industry remains open and balanced, so both major and independent voices can thrive side by side.
Portuguese musician
You know, this whole UMG wanna buy Downtown thing, it not look so nice for everyone. Big problem is, UMG already the biggest fish in music, ja? And now they also get Downtown, who is working with so many other labels, indie guys, small artists. Means UMG can maybe see all the sensitive data, who release what, where the money go. That’s dangerous, ‘cause they can use it for themself and push the competition down. Also, it make the market too much concentrated. Already it’s hard for small labels and musicians to get fair chance, now with Downtown inside UMG, it’s like one big monopoly vibe. Many people in Europe, they say this takeover kills diversity, less voices, less independence. In the end, more power for UMG, less freedom for everyone else. And they talk nice, “oh, we help indies, we make bigger platform.” But come on, sounds more like marketing? At the street level, small players will get squeezed.
Rainer Scheerer
CEO, Springstoff
I have concerns about the impact for independent labels, publishers and artists, that rely on services like CD Baby and Songtrust, to distribute music to streaming services, track royalties, manage rights and get paid accurately. It's counterproductive to fostering the independent music industry as well as Europe's role as an incubator of musical and artistic expression.
Rebecca Knight
Founder , Audiofunk
The deal could undermine the vitality of the independent music sector by cutting off essential services, such as royalty management and distribution platforms, that the independent music community relies on. The world's largest music company, Universal, will gain too much power and control over the music ecosystem.
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
I have previously sold a business to UMG. They mainly buy to kill the competition. They care very little of what they have acquired. Building another company like Downtown will be extremely difficult. Less competition means less choice for consumers. This is step closer for them having similar status than Live Nation has on live music scene.
Riku Pääkkönen
Owner, Ranka Kustannus
This deal would lead to more monopolism, making it even more difficult for independent record companies to stand out. We need to ensure that independent music gets recognized by the end consumer.
Robby Beyer
Supreme Chaos Records
As an independent rights holder and operator of Zeneszoveg.hu, the leading Hungarian lyric database, I am strongly concerned about the negative impact of the proposed UMG/Downtown deal. These kinds of consolidations do not only strengthen the dominance of the largest companies, but they also put independent players at a systemic disadvantage. Rights and revenues that legally do not fall under collective management – such as lyrics – are increasingly absorbed and claimed by the majors as if they were their own, without legitimate licensing. This misrepresentation distorts the market, erodes our revenues, and undermines the legal framework that should protect local rights holders. For us, the impact is direct and severe: we lose visibility, licensing opportunities, and recognition, while audiences are misled into believing that the majors hold rights they do not. This not only damages competition, but also erases cultural diversity, as smaller local repertoires and independent publishers are sidelined in favor of a handful of global players. It is important to highlight that we ourselves have been fighting through official legal channels for more than five (!) years – and we are still standing, because the jurisdiction has already ruled in our favor twice. Yet these struggles become increasingly heavy and discouraging when the largest players team up, reinforcing each other’s market dominance to shape perceptions of rights ownership. Still, we hope that our case will eventually give hope to other independents, showing that defending rights and cultural diversity is not in vain. If approved without strict safeguards, this deal would accelerate the unfair concentration of power, where global corporations in practice rewrite the scope of rights ownership, regardless of the law. This is why we believe the merger should be blocked, or at the very least conditioned on strong protections for independent rights holders, local markets, and cultural diversity.
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
Too much concentration of power
Salvo Voucher
Label Manager, Escudero Records
As an independent musician and composer, I am deeply concerned about the proposed acquisition of Downtown by Universal Music Group. Deals like this directly affect my ability to sustain a career in music. If UMG controls the infrastructure that I and many others rely on — distribution, rights management, and royalty services — we will be forced to depend on a competitor for essential parts of our work. This threatens fair treatment, transparency, and the freedom to choose the partners that best serve independent creators. I also fear that this deal would reduce opportunities for artists like me. Fewer independent options mean higher costs, less visibility for diverse music, and an even greater concentration of power in the hands of one corporation. Such an outcome would harm not only my livelihood, but also the cultural diversity that independent music brings to audiences. For these reasons, I strongly urge you to block the UMG/Downtown deal.
Samuel Martins Coelho
Samuel Martins Coelho
Universal has proven many times it can be a constructive partner for music, but the challenge for us all is to boost diversity. Concentration does the opposite of boosting diversity, because it weakens the entire independent ecosystem.
Stephan Bourdoiseau
President, Wagram Stories
Besides that, that my competitiveness will shrink even more, I’m afraid they will start to implement new standards and regulations which even indies may have to apply for.
Swiss music producer
All past deals involving major labels have ultimately resulted in artists and rights holders receiving less in the long run. They also make it even harder for us as a small label to assert our rights and negotiate fair agreements. This is especially problematic in niche markets, where it is crucial that the diversity of cultures is reflected in the music offered on digital services. The centralization of power—which already heavily exists with global streaming services—only increases the risk of smaller players disappearing altogether. On top of that, here in Europe we are making ourselves even more dependent on large American corporations, and I believe this is just about the worst possible moment to do so.
Swiss record label
Further loss of the established indie structure, continued dependence on global players.
Thomas Franke
T3 Records
I speak as a VUT board member and treasurer of 31 years of board membership whose employer is a concert promoter who is not a member of VUT. Indies have always had the function of developing artists with the successful acts being signed away to Major record companies. Artists like Einstürzende Neubauten have proven that you can make a living from being an indie artists throughout their career. However the majority of successful artists did sign to a major at some stage. This scheme did work out though for both indies and majors for decades and indies managed to gain 1/3 of worldwide sales. Starting with the acquisition of PIAS and now Downtown this system is likely to collapse because the Indie ecosystem will be seriously harmed through UMGs bargaining power. The most important problem will be the leverage of majors while negotiating with Spotify and Apple. I spent three years as Director Controlling with Germany´s largest independent publisher Budde Music. Budde administers Downtown´s publishing catalogues in Europe and Downtown´s subsidiary Songtrust represents Budde´s large publishing cataloge in the US. I expect UMG to terminate the administration deal with Budde at some point and absorb Downtown´s catalogues into Univeral Music Publishing. This will mean that Budde will loose the substantial income from the administration fees. Universal Music Publishing will certainly absorb the Songtrust business into their network to generate economies of scale. Songtrust will probably continue to operate under their name, but the data processing will be handled by Universal Music Publishing at some point. The disadvantage for writers, composers and publishers will be the fact that they will suffer from the intensive and dedicated work on the copyrights as it is currently performed by Songtrust and Budde. UMP do not have time for queries and claims, when something went wrong in the data processing at UMP or GEMA and other societies or streaming providers. Artists, composers, writers and smaller publishers represented by Budde and Songtrust will loose out.
Thomas Zimmermann
Board member & Treasurer, VUT
Universal Group is already in a very powerful position and wields that power over streaming services to the detriment of independent labels and distributors. Why should artists not have a level playing field? They don't now and they'll have even less of a one if the UMG/Downtown deal is allowed to go through.
Tim Clark
Director, Ferva Music
As a founder of, an indie music label built from the ground up to champion UK talent, I oppose the UMG/Downtown deal. We rely on fair access to distribution and services to compete, nurture artists, and keep creative control. This deal concentrates power, limits opportunities for independents, and risks silencing the diverse voices we fight to amplify. Blocking it protects a fair, thriving music ecosystem.
Toby Egekwu
Manager & Co-founder, Finesse Foreva
Another huge blow to the independent sector, where the biggest player moves into a position of even more dominance? This deal doesn't serve all the independent actors in the music industry, it moves in a direction of more power in the hands of a few.
Tomas Rimeika Karlsson
Rimeika retorik
Concentrating market share is always difficult, especially in the current market situation. This leads to the concentration of the majors in retail and, above all, in media. For indies, there are hardly any more opportunities to appear in the media with their artists.
Volker Sonntag
TAG-7
Major labels don't really care about their artists, they are motivated solely by the money they can make. With the money they earn, they gain more and more influence on digital platforms, offline-online mediums, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Xavier Collin
Directeur Général, Haute Fidélité
We are very concerned about a possible step towards further concentration in a market already dominated by the major companies.
Yannick Matray
Director, InFiné
Major labels are motivated primarily by the money they can make. With the money they earn, they gain more and more influence on digital platforms, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Zsolt Jeges
President, Mamazone Records
When unchecked growth disrupts an ecosystem, diversity suffers. If UMG acquires Downtown, entire independent structures are absorbed, giving UMG new power over DSPs and data that weakens independents. The result is less diversity, more homogenised output, and a cultural niche increasingly sidelined.
Birte Wiemann
Project Manager, Cargo Records Germany
As an independent label from Latvia, we rely on diverse and neutral services to bring our artists to international audiences. If these platforms fall under UMG’s control, we fear higher costs, reduced access, and the loss of independence that small labels like ours need to survive. This deal risks creating a music ecosystem where one corporation controls too much of the infrastructure, leaving less room for diversity, innovation, and fair competition. For the long-term health of independent music, it should be blocked.
Bruno Roze
Founder/Artistic Director, I Love You Records
The deal is closing opportunities for independent labels to distribute their music across digital platforms through reliable independently owned companies. It also raises concerns about usage of accumulated data from indie companies who worked with Fuga, Downtown etc., as this data would now be owned by a major company who would, beyond doubt, use it for further acquisitions or to their advantage on the market. In order to sustain fair market this deal should be stopped. Although not many labels from our territories used companies that are part of this deal, the impact on the digital market would be devastating, creating an already dominant company even bigger and thus influencing all other parts of the music business, like physical distribution, rights collecting, access to artists, media, policy makers etc. In developing markets, like most of them are in Southeast European region, the impact would be even more negative.
Dario Draštata
Executive Director, Dallas Records
Simply put, this acquisition would skew the global music market to a level never seen before, even compared to times when the majors were more dominant and forced to divest. It would remove any semblance of competition and erode the possibility of fairness for artists and other music makers.
David Martin
CEO, Featured Artists' Coalition
This is a crucial moment for the future of Europe’s music landscape. The Commission’s intervention shows these concerns are being taken seriously. The risks of reinforcing the leader and losing a big competitor are clearer today than ever before. Remedies would be ineffective in today’s music market. We trust the Commission will take the necessary steps to protect competition, access, and diversity across the sector.
Francesca Trainini
Vice President, PMI Italia
Big companies are important and all independent businesses deserve options when they want to exit. We just need to also make sure those who are starting out or who decide to remain independent can operate in a healthy market without oversized rivals. That’s why this acquisition matters and why I am urging regulators to block this.
Kees van Weijen
Managing Director, HIT4US Entertainment
We are now operating in an industry increasingly shaped by global corporations, whose dominance over digital infrastructure affects everything from artist visibility to revenue. This ongoing consolidation amounts to a systematic weakening of the independent sector's ability to compete on fair terms. The rise of independent music has shown that artist-led and community-driven models can thrive when given space, but that space is shrinking rapidly under the weight of unchecked acquisition strategies. The independent sector is resilient, adaptive, vital and culturally diverse, but without decisive regulatory intervention, even the most innovative and committed independents will struggle to compete. This is more than just a market issue; it is a cultural one. When asked by people why we feel that UMG is dominant, it is an easy question to answer. They are dominant because they themselves say they are.
Martin Mills
Chair, Beggars Group
Universal has proven many times it can be a constructive partner for music, but the challenge for us all is to boost diversity. Concentration does the opposite of boosting diversity, because it weakens the entire independent ecosystem.
Stephan Bourdoiseau
President, Wagram Stories
It'll suck out many acts and labels from the independent sector, thoroughly weakening it and strengthening UMG's already vast hold on the music sector.
Alan Hauser
Jungle Records
Corporate economy is driven by two interests: maximizing profit and increasing shareholder values. The music industry needs more than that as suitable approach to doing business with artists, composers, labels and all kinds of creative contributors. We need an economic infrastructure driven by entrepreneurship that is caring about cultural diversity, ready to try risky stuff and eager to release innovative sounds. Corporate economy cannot provide that. That’s why we need the freedom of choice to work with truly independent partners.
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
This further market consolidation will definitely have a negative impact on diversity in the music industry. The enormous market power and the pretence of supposed independent structures mislead artists and fans and jeopardise equal opportunities. Our customers are independent record producers and musicians. In the case of record producers in particular, this will lead to a reduction in the number of players, which in turn will reduce the number of our potential customers. In addition, the influence of the major companies will continue to grow, even in committees such as collecting societies. This has an enormous impact on the distribution structures of all rights holders and, of course, agencies like ours, which help rights holders to collect these revenues and also fight for fair distribution, for which they urgently need fair representation of their interests in these committees.
Alexander Warnke
CEO, PRO Agency
Before the explosive growth in digital consumption, there was an expression often quoted by record companies - 'content' may be king, but data will build the castle. Universal's bid to acquire the richest dataset in the market from the Fuga and Curve systems on behalf of their independent label clients will allow Universal the unique ability to farm that data to their own commercial advantage. Independent A&R activity will be laid bare, both from the market activity that A&R reaches, to the royalty and advance/recoupment arrangements of every single artist signed to an independent - as Rob Stringer (CEO Sony) acknowledged recently. Other than this, what commercial advantage does the acquisition of Downtown offer a behemoth the size of Universal with it's own in-house systems for these functions? The acquisition must be blocked by the EU on the grounds of unfair competition.
Alison Wenham
COO, Chrysalis Records
I have a few tracks still on CD baby. While they are going to be pulled by end of month because of this acquisition, if I continued with the service, UMG would then acquire intellectual property as well as personal data from me, as well as stifling competitive options for independent music distribution.
Anthony Cruze
ULX Ultraluxe Group
The recorded music industry is already dominated by an oligopoly, and this deal would only entrench that further. Digital distribution was supposed to create a more level playing field, but in reality, major music companies continue to control nearly every stage of production and distribution. On top of that, with access to Curve, the UMG would gain deep insights into the business operations of countless indie labels, giving them an even greater advantage in the data-driven side of the industry.
Anton Teichmann
Founder, Mansions and Millions
As an independent music entrepreneur, I experience every day how important fair and open structures in the music industry are. Innovation, diversity and cultural variety do not arise by themselves – they need space, competition and equal opportunities. Europe has a vibrant, growing music economy. To ensure it stays that way, we must make sure that artists and companies beyond the mainstream will continue to have fair access to markets, data and services in the future. In my daily work – for example with young artists at the beginning of their careers – I see how crucial transparent structures and fair conditions are. Many of them bring enormous creativity, fresh perspectives and bold musical approaches, but often encounter barriers when it comes to visibility, access to data or fair remuneration. Yet it is precisely this diversity that is at the heart of a strong and future-proof European music landscape. I therefore expressly support IMPALA’s call on the European Commission to carefully examine the long-term, structural consequences of this takeover and to ensure that music in Europe remains open, diverse and competitive.
Austrian music company
As an independent Austrian label with an international outlook but also a strong focus on German-language repertoire, we are concerned that takeovers by majors such as Universal Music threaten diversity. For years we have seen national repertoire lose its place as majors cut staff and close local offices. For us, this means international repertoire from Austria is effectively irrelevant, while local artists are losing their stage. A free and diverse market is essential for Europe’s cultural identity.
Austrian music company
We will not be directly impacted as label or publisher. It’s more about cultural pluralism, artistic diversity, and preventing dominant players from imposing their vision of the market on others.
Aymeric Genty
CEO, I.O.T Records
The UMG/Downtown deal threatens the independent music sector. By taking control of essential services like, UMG would become gatekeeper to the infrastructure independents rely on. This consolidation risks locking rights away for decades, reducing fair access, and handing sensitive data to the biggest major. The result: less competition, fewer opportunities for independents, and a loss of cultural diversity.
Björn Mathes
Co-Founder / CEO, FerryHouse
As the COO of Zeneszoveg.hu, I see first-hand how market concentration threatens independents like us. When majors merge, they not only expand their dominance but also start to claim rights they never legitimately held – such as lyrics, which in our jurisdiction are not under collective management. For over five years we have been pursuing justice through official legal channels, and courts have already ruled in our favor twice. Still, each step becomes harder when global giants reinforce each other’s position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights – but only if regulators ensure a level playing field by blocking or strictly conditioning deals like UMG/Downtown. they not only expand their dominance but also start to claim rights they never legitimately held, such as lyrics, which in our jurisdiction are not under collective management. Each step becomes harder when global giants reinforce each other's position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights - but only if regulators ensure a level playing field by blocking deals like UMG/Downtown.
Bori Koczka
COO, Zeneszoveg.hu // Songbook
This concentration crushes diversity, limits fair access and silences voices that deserve to be heard. In synch licensing, a crucial revenue stream for indie labels, UMG imposes conditions on production companies that they can’t escape given its massive market share. That leaves only a tiny budget for independents. And this is just one of the many problems this situation creates. The Downtown deal would only make things worse.
Borja Torres
Co-founder, Lovemonk Discos Buenos
A strong music industry only can exist if there is healthy competition and the freedom of choice to find suitable business partners. Diversity is very important for music producing communities and if the largest music company on the market is getting even larger, freedom of choice and diversity will diminish.
Brigitte Matula
Professional representation in the Austrian film and music industry
The UK has always had an important place in shaping culture through music and that has largely started at ground level through artists and labels being independent and innovative. To have a major label gain such significantly greater control over the industry would be to erode the qualities that gives UK music its value. Musicians and labels need viable alternatives to being connected to majors and there needs to be space for innovation and variance in deals and ways of working which the independent sector is great at doing. Not everyone wants to be connected to a major and this deal would minimise choice and move towards creating a monopoly.
British music company
The acquisition of these distributors removes competition for independent labels to find distribution, thus increasing the cost of entry into the market for labels, as fees will naturally increase as UMG continue to relentlessly M&A all of these companies. The reason they are doing this is clear: they cannot break artists in the same way via the traditional frontline model they could as recently as 10 years ago. Now, instead of doing this, the indie community is simply being bought in order to gain market share and create an A&R funnel for themselves.
British music company
The prospect of our royalty accountancy software being absorbed by a major corporation who are controlling a significant part of the market is concerning. It gives sensitive information away to competitors, which could be damaging to our A&R and deal-making; they will effectively know all our commercial terms.
British record label
For several years Songtrust has been my publishing administrator, and that of several artists on the K label. Prior to Songtrust, it was difficult for independent artists, both emerging artists and established artists whose work was too outside of the mainstream, to receive proper publishing administrative capacity, especially on a global scale. By stepping in to this role Songtrust provided many artists lost in a publishing world "no man's land" with comprehensive collection of the funds due to them, however large or small. If Songtrust loses this focus on the underserved and reverts to a "major label" mentality, many of our artists (myself included) will be left back in that publishing no man's land without any representation for our work, or poor representation lacking the attention to detail Songtrust provides for independent, non-major artists.
Calvin Johnson
Proprietor, K Records
The cartel-like concentration on ever larger players in the music market, who have already established their own rules, such as participation in Spotify with unknown, higher distributions or the dominance of event organizers such as Livenation or Eventim, makes it increasingly difficult for independent labels to survive. An independent music culture can only continue to exist through diversity and supportive conditions for independent labels. Both are acutely threatened by the merger of Universal and Downtown.
Catharina Boutari
Head Of Label, Pussy Empire Recordings
Our business as an independent record label is concerned that the UMG/Downtown deal will allow UMG to have access to and potentially use Downtown services, data and other customer information for its own needs. We use FUGA as our delivery partner to DSPs and rely on its independence from any and all majors. UMG's control over Downtown would also allow it to remove or drive down services valued by independents, make notable price hikes, decrease investments in service developments and prioritise strategies in line with UMG's own. Given the massive size and power of UMG, they could do this both in the short-term or over a long period of time. These are a few examples of why the deal should be blocked.
CEO of Finnish record label
We have thought long and hard about which Royalty Accounting System to use in our day to day business, tested several services that are on offer and finally settled with Curve as this accounting system is tailored to meet our needs as an independent rightsholder spot on while being an independent entity. This is why the acquisition of Curve by Downtown in January 2023 was quite the talking point as any acquisition or take-over trims down the freedom of decision-making. However, with Downtown offering a variety of services to especially independent music companies, the acquisition was accepted. If the bigger fish in the sea, i.e. Universal, now gobbles up Downtown, Universal is suddenly in an unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal suddenly controls a lot more than merely “an additional company”, but market access for independent music companies predictably resulting in limited market access for independents companies as well as a serious blow to all aspect of diversity in the creative sector.
CEO of German music company
We are an independent music distribution company, that uses FUGA as an aggregator to deliver digital releases to the DSPs. We are concerned that Universal could gain access to our sales data and potentially use this information to identify successful music from our catalogue in order to license it for themselves.
CEO of German music company
I believe that acquisitions of this type drastically change market competition. By offering a wider and more diverse range of options, UMG will leave fewer tools and less favorable conditions for the smaller players in the industry to offer their potential clients. Additionally, something that is already happening is that in large digital platforms like Spotify, rules and restrictions are applied to some providers, but not to others.
CEO of independent Bulgarian music company
The market shares will be even worse than before. Since the music market now is only based on streaming shares is this a true threat to all independents.
CEO of Swedish music company
It would further restrict our choices should we decide to change digital distributors because we want to stay with an independent distributor - there are few serious options left that can cater for us. I would also worry how much more Universal can influence deals we are offered by DSPs, as these are already based on what they have negotiated with the majors in a "take it or leave it manner".
CFO of Dutch music company
"Overly dominant market players, in any industry, have the potential to be detrimental to the diversity and health of that sector. The independent music sector brings enormous cultural value by giving voice to and financially supporting innovative, niche, and localised artists in a market already dominated by extremely powerful players. This sector, including our company, plays a key role in supporting and nurturing a diverse and dynamic ecosystem. However, in these transformative times, we are operating in an extremely fragile environment. Powerful global corporations are openly asserting the need for further dominance to satisfy their shareholders. Further consolidation within the industry, as proposed in this transaction—particularly when it includes ownership of some of our sector’s most sensitive and crucial infrastructure and data—will irreparably damage this ecosystem and be detrimental to music culture globally."
Charles Caldas and team
Exceleration Music
An estimated 78% of Music Rights are controlled by three big labels only. This is already a crazy monpolistic situation. Any further concentration must be avoided.
Christian Mueller
Founder, SPOZZ.club
As a team operating a micro-business outside of the major global music centres, we see this development as a serious threat to the diversity and independence of our industry. Operating sustainably at a small scale is already challenging. This merger would centralise power further and risks reducing the limited opportunities available to independent voices. In today’s music landscape, data not only drives business decisions but also curatorial choices - from radio programming to festival line-ups and media appearances. Consolidating even more data and distribution power under the largest music company in the world increases an already unprecedented level of business intelligence and influence, further marginalising independents. If the music industry is to thrive, it must make space for work that exists outside of the mainstream. Monopolisation of distribution runs counter to that vision, and risks homogenising the culture we all depend on. We oppose this merger in order to protect independence, diversity, and the future of music.
Co-founder of Scottish music company
Concentration in the music industry has mostly brought disadvantages for artists and small businesses within the sector. Personally, I believe that copyright and publishing rights are the "treasure" of artists, both established and emerging. In light of recent moves, I am sceptical that companies with an oligopolistic position can take care of this treasure with a perspective that emphasises creative force over mere business models.
Cristián Elena
COSO Records
When near-monopolist Universal tries to acquire Downtown, one of the largest independent music ecosystems, and does so in the name of independence, it cheapens what the word means. Market consolidation at this scale is not only anti-competitive, it is a fundamental threat to true independence.
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
We have been part of the independent scene for 30 years now, and the impact of this deal is very negative for our industry because its vital that we all support each other to help our bands, content and promotion.
Dennis Dañobeitia
Manager and Owner, CFA
I've been marketing for independent artists for over five years, working with more than 180 clients. I'm also the A&R for the independent distributor SYMPHONIC. I see a threat that fewer and fewer artists are working with their own teams and are under the standards of MATOYORS companies.
Diego Monje Coccolo
CEO, Cactus Music
Reduces pathways to market in the independent ecosystem. That is not ideal.
Dylan Pellett
General Manager, Independent Music New Zealand
Universal Music Group's recent acquisition of Downtown is big blowback and a sharp knife cut to the independent music eco-system in Europe and especially in the Balkans. As indeoendent record labels and music distributors, we are loosing major ground and music scene has been easly manipulated by the majors. This acquisition and harsh move is a prime example of how independent record labels musicians and distributors are driven into much tougher conditions and left out of the eco-system not being able to compete. It's a big fish eating the small fish story as usual and we need to stop this repeating relentless attempts towards the creation of a bigger monopolitic sector by Universal Music Group.
Engin Akinci
General Manager, Zoom Music & Management
The overwhelming dominance this merger will give UMG in the market will allow them to use their size to demand better deals from suppliers - for example distribution platforms will likely be required to share more of their profits with UMG by way of discounts, cash backs, bonus payments to UMG which means that the distributors in order to maintain a viable business will have to take profits from small businesses by way of increased fees thus making it harder for smaller businesses to survive. Its not just an economic matter but a serious cultural issue - UMG will lean towards the more popular and commercial end of the market thus squeezing out innovations, diversity and experimentation. This merger will be a power to cultural conformity to the lowest popular denominator and avant garde, esoteric and ethnic music forms will be suffocated, left out in the cold unable to earn enough to maintain their businesses. UMGs dominance of the market will make it susceptible to political manipulation by unscrupulous governments and in that context the merger is profoundly anti and undemocratic. On an economic, cultural and political level this merger will have profound negative effect on society as a whole.
Eric Longley
Principal, 25 Hour Convenience Store
The less companies there are the more dependent artists, retailers get. To have a strong economic sector you need a differentiated landscape of companies. The creative sector is mainly based on small and middle enterprises, if there is one huge player and all the others are little, there won't be a saine sector as the little ones will soon close or will need state subventions to survive (see film and games sector).
Ester Petri
Carus-Verlag
The majors already have massive control over the whole music ecosystem, from publishing to distribution, from streaming to royalty rates. If they occupy more from this pie, they eventually suffocate the grassroots and indie sector that feed the whole ecosystem. Like taking out the bees from Earth.
Eszter Décsy
Corner Art Management & Records
It will become even harder for small territories (such as Switzerland) to have music exported, and to gain visibility through streaming platforms.
Fabienne Schmuki
Irascible Music
I’m very concerned about the UMG/Downtown deal and the long-term harm it could cause to the independent music community. Independent businesses and artists already face enormous challenges when competing against the scale, resources, and market control of the majors. A deal like this would further concentrate power in the hands of one of the biggest players in the industry, reducing the diversity and sustainability of the sector.
Fabio Besomi
Label Manager, il domani
There's already a too strong monopoly from major labels in the music industrie. It will be even more difficult or mostly impossible to uphold alternative structures.
Flavian Graber
Spectacular Spectacular
The real threat lies in majors systematically acquiring the distributors and service providers that independents rely on. This wave of acquisitions eliminates competitors, reduces options for labels and artists, and concentrates critical data and royalty systems in the hands of a few dominant players. By reinforcing the ‘super-major’ model, these deals drive up costs, undermine fair competition, and endanger cultural diversity and the long-term sustainability of local music ecosystems in Chile, Latin America, and beyond.
Francisca Sandoval
IMICHILE
The Commission’s detailed investigation addresses the concerns of many across the industry: that unchecked consolidation poses a systemic threat to the future of an open music sector with plenty of choice for consumers and artists. This isn’t just about one deal, it’s about stemming a tide that will stifle diversity and limit opportunities. This is a global issue with consequences in many local markets, and we look to other regulators, including the CMA in the UK, to follow the EC’s lead to ensure a balanced and competitive music market.
Gee Davy
CEO, AIM
The only outcome must be blocking the deal. Downtown Music is a key player for independents. Its takeover by UMG would give the world’s largest music company unprecedented control over a significant route to market through which independent artists and labels reach their audiences.
Geert De Blaere
N.E.W.S., BIMA
The more majors control, the more they CAN and WILL control. We need to have as many independent business as possible to have a vibrant music industy - and therefore we need to stop majors buying influence, data and catalogue.
General Manager of Danish music company
Universal's acquisition of Downtown would further consolidate Universal's monopoly position and further increase Universal's influence on platforms like Spotify, further weakening the competitiveness of independent music companies. Furthermore, the acquisition of Downtown would give Universal access to confidential artist data, thus gaining information through the back door that would give it a competitive advantage over rival companies.
German music company
Time and again, we hear the same message at the outset of an acquisition: nothing will change. The company is being purchased because of what it already is, so there’s no reason to alter anything. Yet, without fail, a few months later the changes begin. Rarely are they for the better. More often than not, efficiency targets, profit margins, and the strategic goals of the acquiring company take priority over the identity and interests of the acquired business. History is full of examples. In the latest statements from Downtown, they repeatedly emphasize that Virgin will be a great partner. What they don’t say is that Virgin is owned by Universal. Which means, in effect, that this acquisition is being made by Universal itself. Universal has already been abusing its dominant market share in multiple ways—for example, manipulating streaming payouts to its own benefit, to the detriment of independents. Allowing this market giant to expand its market share even further would be reckless. I fully expect that access to some of Downtown’s currently services will either disappear or return on much less attractive terms. And with Universal’s increased market share, I also anticipate further declines in streaming payouts, driven by its influence and market power at the leading DSPs.
German musician
Through the acquisition of Curve, Universal will be in the unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal will control market access for independent music companies.
German record label
My concern is that Universal will gain too much market power, and force conditions on the market that favor and prioritise them. This is what they have done in the past, and it creates a difficult situation for small indie labels.
German record label
"As an independent label, we view Universal’s planned takeover with deep concern. It accelerates the monopolisation of the music market and threatens both competition and artistic diversity. When essential infrastructures such as distribution and rights management lie in the hands of a few large corporations, independent players lose vital room for manoeuvre. Of particular concern is Universal’s access to sensitive data on artists, distribution and market trends, which until now has been managed fairly and independently. This concentration of data power reinforces Universal’s role as gatekeeper and makes it harder for smaller labels and artists to access markets and platforms. We also fear that concentrated control will restrict choice in digital distribution. This risks disadvantaging independent creators and undermining cultural diversity. Our goal remains to protect innovation, diversity and fair opportunities for all artists."
German record label
The deal itself isn't bad. But then, many independent artists use Downtown's distribution subsidiaries such as CD Baby, and there seems to be conflicts of interest. In case, an artist is blacklisted by major labels and wants to distribute his tracks as an independent. I also fear that some artist's tracks or album could be removed from streaming platforms and also prevented or blocked from being distributed, for business reasons or simply conflicts of interest.
Ghanaian musician
Among all the consequences that UMG's acquisition of Downtown could generate, the most worrying is the consolidation of the link between the major label and digital platforms. We have recently seen how Universal was able to design, almost unilaterally, the remuneration model for DSPs which, despite their critical size, can only yield to its power and the importance of its catalogs. Its CEO, Lucian Grainge, has openly acknowledged this in his public statements: artist-centric and streaming 2.0 are concepts that he himself has shaped and which we know are aimed at increasing his market share, which has recently been undermined by the diversity and vitality of independent creation. The recent acquisition of numerous independent distributors responds to several challenges: removing competitors from the market, achieving a level of concentration that gives it increasing control over platform choices and, ultimately, promoting the concentration of revenues around a handful of artists, a phenomenon already observable today. The new challenges of concentration no longer relate to the ability of all players to access the market (theoretically, anyone can publish their music on the platforms), but to their ability to emerge from too abondant a supply and generate significant income. However, the concentration of income resulting from agreements between UMG and the major DSPs on the remuneration model means that artists and producers who live in the independent ecosystem are unable to make a decent living from music and continue to invest in new music. The disparity between situations must be reduced and the diversity of economic models preserved.
Guilhem Cottet
UPFI
Music is a business and we are a part of it; OK, we know. But music also plays a much bigger role in and for culture and society in the broader sense. A role that is in great parts carried out by small and independent record labels and publishers. This culture needs nourishing, it needs opportunities and it needs fairness. The more extreme the business side of music becomes, the more endangered is the cultural aspect. The ongoing and accelerating trend towards ultimate and market-defining power for a few big corporations is therefore a dangerous precedent. It will eventually lead to a bigger market-concentration, which by definition is the opposite of what should be in policymakers interest for a diverse and flourishing musical culture in Europe.
Hannes Tschürtz
Ink Music
It’s not so much the specific deal that concerns me. It’s the numerous deals sweeping up the independent sector over recent years. And the cheek of these companies to use the name ‘independent’ ad nauseum. Owned by the largest MAJOR in the world and still claiming to be independent!? We are rapidly seeing the consumption of the true independent world. Making it harder for us to compete when signing artists and when trying to take them to the wider world.
Harvey Saward
Director, Remote Control Records
The EC is right to look closely at the impact of this acquisition and we believe blocking this deal is the only way to safeguard pluralism and diversity. All sectors need strong big companies as leaders, and all businesses deserve good options if the founders want to exit. However, there is a point when big is too big for the ecosystem and that harms the whole market including music fans and artists.
Helen Smith
Executive Chair, IMPALA
If Universal acquires Downtown, it will own a vast catalog of data from independent artists and labels, as they have been using Downtown's accounting systems to date. We do not want this data to be in the hands of major labels. The conditions for smaller labels could deteriorate; with greater market power, Universal could have even more influence on streaming services and, for example, increase Spotify's 1,000 stream limit to 5,000 or even more, which would affect the payment threshold for smaller artists and labels in such a way that the money would mainly go to the big players.
Henrietta Bauer
Bretford Records
In general I think it's very bad for the music industry when larger companies keep acquiring smaller companies. We need more independent companies, not larger majors, to keep a healthier competition in this world. This acquisition should therefore definitely be blocked!
Henrik Augustin
Co-founder, Villa Management
As an independent label based in Varna, Bulgaria, we are deeply concerned about the potential consequences of the UMG/Downtown deal. Independent companies like ours are already operating in a fragile ecosystem, where access to fair distribution, visibility on digital platforms, and negotiating power are limited. If UMG strengthens its grip through this acquisition, the competitive landscape will become even more one-sided. This will not only reduce diversity in the music market but will also make it harder for local voices and emerging talents from countries like Bulgaria to be heard internationally. We believe the deal should be blocked, as it undermines cultural diversity and fair competition, especially in markets where independent infrastructure is still developing.
Independent Bulgarian music company
Independent music needs independent distribution!
Independent German artist
As an independent label, we oppose the UMG/Downtown deal because it concentrates too much power in the hands of a major. Beyond the general threat to competition and diversity, this deal is especially damaging because Downtown’s sub-companies like Curve handle sensitive financial and operational data for many independents. If UMG gains access to these insights, a major corporation will have unprecedented visibility into the inner workings of its competitors, creating a huge imbalance and undermining trust. This deal threatens the independent sector by limiting competition, reducing diversity, and weakening the ability of small labels to negotiate fair terms with distributors, DSPs, and other partners. Independent labels are built on fairness, creativity, and artist-focused growth. Allowing UMG to control such infrastructure will weaken independents, limit artist choice, and reduce cultural diversity. For the health of the sector, this deal must be blocked.
Independent German music company owner
Concentration and Market Power: Universal is one of the “Big Three” in the music industry. An acquisition would further strengthen its market power. Less competition could lead to higher prices for services such as distribution, licensing and publishing. Independent labels may have less bargaining power when dealing with major players. Loss of Independence.
Independent German record label
The UMG/Downtown deal is worrying because it puts even more pressure in the independent sector and creates an unfair imbalance of power which will be allocated to the biggest label in the world. We rely on diversity and flexibility and this move risks fair competition in the market. As an independent musician, I see this as a direct threat for young, up and coming artists to build a sustainable career. If catalog management and distribution fall further under UMG control, access to licensing, platform visibility, and fair revenue splits will become even harder. In an already saturated streaming market, this pushes independents further to the margins. In the long run, even without signing to a major, we risk being dependent on them for distribution, royalties, or publishing networks. That narrows the options, stifles innovation, and weakens cultural diversity. Protecting independence is essential, not just for fairness, but to keep music’s creative ecosystems alive.
Independent Portuguese musician
Concentration usually leads to a withering of supply. When only a few people are left to make decisions, everything ultimately reflects only their taste and objectives. We need to return to diversity.
Joachim Irmler
Musician,
Playground Music Scandinavia operates across Sweden, Denmark, Norway, Finland, and Estonia, signing and developing local artists as well as offering distribution and support services to local and international labels. The UMG/Downtown deal would widen the gulf between the majors and independent actors, enhancing UMG’s concentration in the market where we should be looking to ensure a more balanced and competitive music market benefiting artists and innovation. This consolidation is yet another step towards oligopoly and threatens the independent sector’s ability to compete, innovate, and support diverse music across Europe. The deal should be blocked.
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
On behalf of the independent music community in Germany, we are writing to express our serious concerns regarding the proposed acquisition of Downtown Music Holdings LLC (“Downtown”) by Universal Music Group N.V. (“UMG”), currently under investigation by the European Commission – Case M.11956. The music industry in the EU is a cultural and economic success story, with recorded music revenue growing at 8.7% in 2023 and valued at €5.2 billion2. It is home to some of the most recognisable names in music, alongside thriving independent businesses. But we can’t take this for granted. While the EU’s music industry is indeed growing, this growth is uneven and lags behind other global markets. At the same time, changes are being made to how streaming revenues are shared, over which the independent sector has no say. A level playing field is essential to support a thriving music ecosystem that delivers benefits for the economy, culture and innovation. Everyone has a role to play – from the biggest music company in the world to the independent disruptive start-up uncovering new genres and sounds. But when acquisitions like this one occur and start to tip the scales too far, we must act. The proposed acquisition by UMG represents a serious risk to that balance. By absorbing Downtown’s distribution, royalty accounting, and rights management capabilities – services used by thousands of companies and artists across the independent sector – UMG would further entrench its already significant market power. The deal would place a significant chunk of essential infrastructure under the control of the market leader. That’s why it’s critical that the deal is reviewed through the lens of its “control share” over the digital markets economy, as well as the physical market, not just share by revenue. This isn’t just a simple “investment” in one of the world’s most prominent independent companies; it is about control. The implications are profound. This consolidation would further enable UMG to act as a gatekeeper to some of the sector’s best services, shaping which music is heard, promoted, and monetised. Such power carries risks not only to the commercial fortunes of independent businesses, but to the creative breadth and diversity of music itself. A concentration of this magnitude would narrow the range of voices, styles, and cultures that reach the public. It would give UMG further power to shape digital services, influence monetisation thresholds and extract more, at the expense of the independent sector. That would reduce choice for consumers, stifle experimentation, and undermine Europe’s role as a vibrant incubator of musical and artistic expression. Fans will hear less of the new and more of the same. Artists working outside the commercial mainstream will struggle to find traction. And a once-thriving creative economy will begin to stagnate. This acquisition also provides a key competitive advantage by allowing UMG to collect data from rivals using its services. This data is far reaching, from distribution information – including artists and song trends, and performance on digital platforms – all the way through to critical business information such as pricing, contractual terms and strategic relationships. Being able to access all of this data would give UMG backdoor access to other competing businesses in the market and strengthen its already advantageous position even further. Independent music companies play a vital role in promoting music innovation, fostering diversity and protecting culture. To fulfil that role, we must have fair and non-discriminatory access to the best infrastructure in the music economy. And not be forced into structural dependence on our biggest competitor who is also shifting payment models on digital services The proposed acquisition poses a clear threat to effective competition, innovation, and the growth of the music industry across the EU and globally We must keep music open.
Jörg Heidemann
CEO, VUT (German Independents Association)
Diversity is what makes music thrive. Just like in our society, the most beautiful thing is when many different voices, ideas, and perspectives can exist side by side and influence each other. That's how we grow. When this diversity shrinks, it's not only the independent scene that suffers, but also the creativity that enriches our entire world. That's why I hope decisions in our industry will always be made with diversity in mind, so that art remains open, colorful, and alive in the long run.
Julian Scheufler
Südpark Studio
We need to secure the independent sector by letting it be independent; this deal would mess up the eco-system of independent sector.
Katja Vauhkonen
Executive Director, Indieco
Diversity and innovation in music can only exist if independent players have equal access to fair and neutral partners.
Kimberly Balthasar
Grönland Records
Artists and record companies need an open and diverse infrastructure to thrive. Allowing UMG to absorb a major independent player would push the industry closer to a two-tier system where market power—not creativity—determines who gets seen and heard. In Norway, we’ve long faced an overwhelming concentration of market power in the hands of the three major companies — and as their dominance grows, the share of independent repertoire continues to decline. This merger risks stripping indie labels and artists of their autonomy, concentrating control over distribution, skewing negotiations with streaming platforms, and giving UMG privileged access to critical market data. Independent music has proven its strength, innovation, and cultural value — but it can only survive if competition remains fair. Every new consolidation tilts the playing field further, shrinking the space where indie label and indie artist-led models can grow. For the health of Europe’s music ecosystem, and to protect diversity, innovation, and fair competition, the UMG/Downtown deal must be stopped.
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
Obvious Negative Impacts of UMG / Downtown Deal: Market Concentration / Less Competition: UMG already dominates global recorded music. Adding Downtown’s publishing, distribution and services power further consolidates control. This reduces choice for independent artists and labels, who rely on smaller, competitive players to negotiate fairer terms. Reduced Bargaining Power for Independents: With UMG owning more of the supply chain, independent artists and businesses lose leverage in distribution, licensing, sync deals, and playlisting. Deals and revenue splits could become more one-sided in favour of UMG. Fewer Routes to Market for Artists: Downtown historically provided independents with an alternative to majors for publishing, distribution and rights administration. With UMG in control, that “independent-friendly” option is likely gone, forcing artists toward the major label system they may want to avoid. Conflicts of Interest: If UMG owns Downtown but also competes with Downtown’s former independent clients, there’s a risk of biased prioritisation. Example: catalogue exploitation, sync opportunities, playlist pitching — UMG artists will be prioritised. Price and Access Issues: Services once designed for independents (affordable distribution, transparent royalty collection, fairer publishing admin) could be “absorbed” into UMG’s higher-cost, less flexible systems. Indie artists/labels may face higher costs or lose access altogether. Stifling Innovation: Independent companies like Downtown have historically pushed new models (DIY distribution, admin-only publishing). With UMG taking over, the incentive to innovate is weaker — majors prefer to maintain existing power structures. This slows down progress for the entire sector. Cultural Homogenisation: Independents are often where risk-taking, niche genres, and diverse voices thrive. Increased consolidation under UMG risks sidelining those artists in favour of safe, commercial mainstream acts. In short: The deal reduces competition, limits choice, and creates even more barriers for independents — harming the diversity, fairness, and future sustainability of the music ecosystem.
Lee Jones
CEO, The New Church Records
This deal with narrow our chances of getting recognized as a small business in this marketplace. Thus reducing the avenues of which I get my independent artists recognition on digital sites and physical record stores.
Lio Kanine
Co-owner, Kanine Records
As an independent Portuguese artist, I oppose the UMG/Downtown deal. This acquisition would concentrate too much power in the hands of one major label, giving UMG access to services and sensitive data that independent musicians rely on. It threatens diversity, fairness, and real independence in music. For these reasons, I believe the deal should be blocked.
Marciano Cordeiro da Silva
mARCIANO
I am writing to you as the General Manager of Entrebotones, S.L., an independent label based in Spain that has been active for 13 years. We currently work with 56 artists and manage a catalog of more than 300 works distributed on digital platforms worldwide. Our company is directly dependent on the distribution and administration services provided by Downtown/FUGA, which constitute a fundamental pillar of our business model. In our opinion, the proposed transaction by Universal Music Group (UMG) to acquire Downtown poses the following risks: Loss of neutrality of essential services. Downtown/FUGA currently acts as an independent provider. In the hands of UMG, there is a clear incentive to prioritize its own catalogs and limit the access of labels like ours to distribution agreements on an equal footing. Improper access to sensitive data. Downtown handles detailed information about our revenue, negotiations with platforms, and consumer data. The transfer of this information to a dominant competitor would pose a serious competitive disadvantage. Reduced real options for artists and labels. Consolidation eliminates a key independent partner in the ecosystem and reinforces concentration around the three major groups. This would translate into more restrictive commercial conditions and a reduced ability to support emerging and niche artists. Cultural impact and diversity. Labels like ours fuel the local scene and alternative styles that find it difficult to find support in the majors. The weakening of the independent network will directly affect the musical diversity available to European consumers. For these reasons, we respectfully request that the Commission block this transaction or, failing that, impose strict structural and behavioral remedies that guarantee service neutrality, the protection of sensitive commercial data, and equal access for independent labels to the digital value chain.
Maria Inés Collarte Centeno
General Manager, Entrebotones
The UMG/Downtown deal threatens to create a two-tier music market where independent artists and labels face significantly reduced bargaining power with streaming services and distribution channels, ultimately limiting opportunities for diverse voices in music. This consolidation would further entrench UMG's dominance across European markets, squeezing out competition and jeopardizing the long-term viability of independent music businesses.
Mario Rossori
ROSSORI Promotion & Music
Curve coming under the control of Universal will remove one of the few choices we have in relation to royalty accounting and copyright management software. It will generally further increase the leverage Universal already has and uses for its own benefit only on streaming services.
Mark Chung
VUT board member and musician
Market share confers decisive influence over revenue streams and marketing outlets which are of vital importance to all music makers and their agents and businesses. Rights distributions can be weighted in your favour, chart rules can be amended to exaggerate or diminish the visibility of certain artists, small retailers and radios can be obscured and hidden. In addition, as recognised by UMG, streaming architecture and royalty payouts can be engineered to favour some artists and to ignore others. The tendency of concentration is always to narrow choice and to silence voices. We have even seen repeated attempts to undermine the voices of the independent collectives on this issue over the last months. UMG is already too big, with too much competitive advantage in Europe; this deal needs to be stopped.
Mark Kitcatt
Everlasting Popstock
The music market has a fundamental monopolization problem. We are confronted with market distortion due to unrestrained market dominance on three levels: The aspect that our music is a cultural asset that should be accessible to all consumers sets the stage for a notorious under-regulation—lawmakers tend to prioritize consumer interests over intellectual property rights in the name of the common good, while regularly overlooking the fact that consumer interests in the platform economy are almost exclusively redefined as the particular economic interests of service providers. These service providers, in turn, are usually part of super-cartels that dominate not only their specific market segment, but also a network of forward- and backward-integrated neighboring markets where they do not have to generate added value with music. Music has gone from being a tradeable product to mere content that provides the basis for value creation in other markets (such as advertising, device sales, etc.) without being adequately exploited itself. If, in this setting, the rights holders of content also form integrated monopolies, this problem is further worsened. We have already seen unfair, non-transparent deals between service providers and major rights holders in the past. The fact that Tencent, a Chinese internet company, already holds a 20% stake in UMG highlights the danger that, in the music trade, the interests of both sides of the negotiating table are increasingly shifting away from fair remuneration and toward the cheapest possible availability of content. For the sake of a free and sustainable market, this kind of disruption must be curbed.
Markus Rennhack
Kick The Flame Publishing
Our company wouldn't directly be affected by a possible acquisition. If it does go through it will simply make being truly independent ever more difficult.
Marlon McNeill
Founder, A Tree in a Field Music
We use Curve for accounting, which means Universal will have access to our data. They may also use Curve to incentivise us to move to major distribution. Increased market share means increased leverage.
Martin Goldschmidt
Cooking Vinyl
I think the big danger is the market concentration and that Universal now have access to the statistics of their compeditors, and also that the majors' outsized domination in digital distribution gets even bigger.
Mats Hammerman
Massproduktion
Downtown in hands of UMG would mean more monopolisation of the music market. we need more diversity and not some few companies which decide where to go, what to do and what to hear.
Matthias Möbius
Viamas
There are already so few large publishing companies
MD of British record label
Artists rely on a pluralistic infrastructure that reflects diversity in both ownership and access. Allowing UMG to consolidate control over a major independent player would move the industry further toward a two-tier system, where market dominance—not creative merit—determines visibility and success. The acquisition of Downtown by UMG can mean a loss of autonomy for indie labels and artists relying on distributors who end up being absorbed by a major label, an even greater imbalance in negotiating power with streaming platforms (visibility, licensing agreements, etc.) and an increase in information asymmetry, given privileged access to critical business data. We therefore urge the European Commission to block the acquisition altogether.
Nacho García Vega
President , International Artist Organisation
The UMG takeover of Downtown Music Holdings will increase market consolidation in a way that will negatively impact the independent music scene. Players such as FUGA and Curve play a vital role for independent artists and labels. Placing these in the hands of the largest music company in the world will almost certainly stop them from operating freely, not to mention the inevitable job losses and cuts that will arise as the companies are absorbed into the UMG cosmos.
Neil Grant
Neil Grant Media & Promotion
At Celebration Records Denmark, we exist to champion local voices, nurture emerging talent, and ensure that music outside the mainstream has a place to grow. Our ability to do this relies on a music ecosystem where independent labels, artists, and businesses can compete on fair and transparent terms. The proposed UMG/Downtown deal is deeply concerning for us and for the independent sector as a whole. By consolidating an even greater share of rights and catalogs under Universal’s control, this deal risks creating a market where independent labels like ours are further marginalized. The space for cultural diversity, risk-taking, and artist ownership will shrink, while the leverage of the major will only increase. For a label like Celebration Records and other indies, this could mean: 1. Reduced visibility for our artists on streaming platforms dominated by major-label playlists and promotion. 2. Less negotiating power in licensing and distribution, where the majors already enjoy outsized influence. 3. Higher barriers for developing new talent, as financial and market pressures tilt further towards global monopolies rather than community-based initiatives. In the long term, this is not only damaging for independents but for music itself. If one company can control both repertoire and infrastructure, innovation and diversity will inevitably suffer. Independent labels are often the ones taking chances on new sounds, nurturing artists who don’t fit commercial molds, and sustaining local culture. Deals like this make it harder for us to survive and thrive. For these reasons, we believe the UMG/Downtown deal should be blocked. Protecting independence and diversity in music is not just about business—it’s about ensuring that the next generation of artists has the opportunity to be heard, and that audiences everywhere can access more than just what a single corporation chooses to prioritize.
Nicki Refstrup Bladt
Label Manager, Celebration Records
I think the independant artist requires all the help and assistance possible and turning this area of the music industry into a virtual monopoly creates an unhealthy situation where we are essentially at the whim of the major competitor.
Nicky Bomba
Owner, Transmitter Records
The proposed acquisition of Downtown by UMG poses a significant risk to innovation and sustainable growth in our sector and follows a track record of buying up independent services around the world to stifle competition. Through the acquisition of the Downtown group of companies, UMG will solidify its role as a critical intermediary in the recorded music market, integrating several business lines to control essential infrastructure on which its competitors depend. This would enable UMG to influence the market by imposing terms on the main monetization channels. It would also allow it to exploit the data it gathers from rival companies that use its services to undermine them. This deal must be stopped to ensure every part of the global music industry has a fair chance to grow and succeed.
Noemí Planas
CEO, WIN - Worldwide Independent Network
We are a small, MERLIN-member independent distribution company, providing distribution to over 300 artist clients from Portugal and other countries, working on behalf of musical diversity and European export via digital pitching, marketing and internationalization efforts that were non-existent in Portugal prior to 2019 - there were no Portuguese digital distributors. In order to avoid our Masters, metadata and artist client financials ending up with a Universal owned company, we have had to switch digital backoffice operations away from FUGA, which took us months to do and FUGA have billed us transfer fees and extra months. This is an unexpected charge we were not expecting and a real threat to our business. We are, of course, not alone: The domino effect or fallout from the Universal- Downtown deal is being felt across Europe, we know of many other companies that have not yet been so proactive in switching providers in the hopes that the deal is blocked. If it isn’t, it effectively will mean that the independent digital path to market would be severely compromised across Europe which is completely unacceptable. Even so, if FUGA does not lift these undue charges, we have a real problem either way.
Nuno Saraiva
Mermaids & Albatrosses Lda.
It is very important for artistic diversity and variety in the music industry that independent, small to mid-sized labels remain and can grow. Also it cannot be good for a heterogeneous and properly functioning music ecosystem when a single entity has a monopoly over everything.
Patrick Tilg
MA, Feber Wolle Records
The concentration of music industry firms is leading rapidly to a hold-up for every artist. Revenues are already stolen by streaming services, and major industry players don't care, as they get the main share anyway.
Peter Bonne
CEO, Chayell
The music market is already way too much monopolised. We don't want more of that.
PJ Wassermann
Owner, HyperMusic
The world needs diversity, and that's also true in the music industry. When a few big players divide up the music world, diversity suffers. The independent industry has a proven track record of building up newcomers, and without a suitable foundation, this will become increasingly difficult. In the worst case scenario, a few large companies will decide who succeeds and who fails. This must not happen, as it will cause lasting damage to the music world.
Polish music company
As an independent artist who writes and performs my own music, I rely on accessible and fair services like CD Baby to share my work with listeners worldwide. While I recognize the important role that major companies like UMG play in the music ecosystem, I worry that this deal could create too much dependence on a single player for essential services such as distribution and royalty accounting. This might limit opportunities for independent artists like me and reduce the diversity and innovation that make music so vibrant. I believe it’s important to ensure that the industry remains open and balanced, so both major and independent voices can thrive side by side.
Portuguese musician
You know, this whole UMG wanna buy Downtown thing, it not look so nice for everyone. Big problem is, UMG already the biggest fish in music, ja? And now they also get Downtown, who is working with so many other labels, indie guys, small artists. Means UMG can maybe see all the sensitive data, who release what, where the money go. That’s dangerous, ‘cause they can use it for themself and push the competition down. Also, it make the market too much concentrated. Already it’s hard for small labels and musicians to get fair chance, now with Downtown inside UMG, it’s like one big monopoly vibe. Many people in Europe, they say this takeover kills diversity, less voices, less independence. In the end, more power for UMG, less freedom for everyone else. And they talk nice, “oh, we help indies, we make bigger platform.” But come on, sounds more like marketing? At the street level, small players will get squeezed.
Rainer Scheerer
CEO, Springstoff
I have concerns about the impact for independent labels, publishers and artists, that rely on services like CD Baby and Songtrust, to distribute music to streaming services, track royalties, manage rights and get paid accurately. It's counterproductive to fostering the independent music industry as well as Europe's role as an incubator of musical and artistic expression.
Rebecca Knight
Founder , Audiofunk
The deal could undermine the vitality of the independent music sector by cutting off essential services, such as royalty management and distribution platforms, that the independent music community relies on. The world's largest music company, Universal, will gain too much power and control over the music ecosystem.
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
I have previously sold a business to UMG. They mainly buy to kill the competition. They care very little of what they have acquired. Building another company like Downtown will be extremely difficult. Less competition means less choice for consumers. This is step closer for them having similar status than Live Nation has on live music scene.
Riku Pääkkönen
Owner, Ranka Kustannus
This deal would lead to more monopolism, making it even more difficult for independent record companies to stand out. We need to ensure that independent music gets recognized by the end consumer.
Robby Beyer
Supreme Chaos Records
As an independent rights holder and operator of Zeneszoveg.hu, the leading Hungarian lyric database, I am strongly concerned about the negative impact of the proposed UMG/Downtown deal. These kinds of consolidations do not only strengthen the dominance of the largest companies, but they also put independent players at a systemic disadvantage. Rights and revenues that legally do not fall under collective management – such as lyrics – are increasingly absorbed and claimed by the majors as if they were their own, without legitimate licensing. This misrepresentation distorts the market, erodes our revenues, and undermines the legal framework that should protect local rights holders. For us, the impact is direct and severe: we lose visibility, licensing opportunities, and recognition, while audiences are misled into believing that the majors hold rights they do not. This not only damages competition, but also erases cultural diversity, as smaller local repertoires and independent publishers are sidelined in favor of a handful of global players. It is important to highlight that we ourselves have been fighting through official legal channels for more than five (!) years – and we are still standing, because the jurisdiction has already ruled in our favor twice. Yet these struggles become increasingly heavy and discouraging when the largest players team up, reinforcing each other’s market dominance to shape perceptions of rights ownership. Still, we hope that our case will eventually give hope to other independents, showing that defending rights and cultural diversity is not in vain. If approved without strict safeguards, this deal would accelerate the unfair concentration of power, where global corporations in practice rewrite the scope of rights ownership, regardless of the law. This is why we believe the merger should be blocked, or at the very least conditioned on strong protections for independent rights holders, local markets, and cultural diversity.
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
Too much concentration of power
Salvo Voucher
Label Manager, Escudero Records
As an independent musician and composer, I am deeply concerned about the proposed acquisition of Downtown by Universal Music Group. Deals like this directly affect my ability to sustain a career in music. If UMG controls the infrastructure that I and many others rely on — distribution, rights management, and royalty services — we will be forced to depend on a competitor for essential parts of our work. This threatens fair treatment, transparency, and the freedom to choose the partners that best serve independent creators. I also fear that this deal would reduce opportunities for artists like me. Fewer independent options mean higher costs, less visibility for diverse music, and an even greater concentration of power in the hands of one corporation. Such an outcome would harm not only my livelihood, but also the cultural diversity that independent music brings to audiences. For these reasons, I strongly urge you to block the UMG/Downtown deal.
Samuel Martins Coelho
Samuel Martins Coelho
Besides that, that my competitiveness will shrink even more, I’m afraid they will start to implement new standards and regulations which even indies may have to apply for.
Swiss music producer
All past deals involving major labels have ultimately resulted in artists and rights holders receiving less in the long run. They also make it even harder for us as a small label to assert our rights and negotiate fair agreements. This is especially problematic in niche markets, where it is crucial that the diversity of cultures is reflected in the music offered on digital services. The centralization of power—which already heavily exists with global streaming services—only increases the risk of smaller players disappearing altogether. On top of that, here in Europe we are making ourselves even more dependent on large American corporations, and I believe this is just about the worst possible moment to do so.
Swiss record label
Further loss of the established indie structure, continued dependence on global players.
Thomas Franke
T3 Records
I speak as a VUT board member and treasurer of 31 years of board membership whose employer is a concert promoter who is not a member of VUT. Indies have always had the function of developing artists with the successful acts being signed away to Major record companies. Artists like Einstürzende Neubauten have proven that you can make a living from being an indie artists throughout their career. However the majority of successful artists did sign to a major at some stage. This scheme did work out though for both indies and majors for decades and indies managed to gain 1/3 of worldwide sales. Starting with the acquisition of PIAS and now Downtown this system is likely to collapse because the Indie ecosystem will be seriously harmed through UMGs bargaining power. The most important problem will be the leverage of majors while negotiating with Spotify and Apple. I spent three years as Director Controlling with Germany´s largest independent publisher Budde Music. Budde administers Downtown´s publishing catalogues in Europe and Downtown´s subsidiary Songtrust represents Budde´s large publishing cataloge in the US. I expect UMG to terminate the administration deal with Budde at some point and absorb Downtown´s catalogues into Univeral Music Publishing. This will mean that Budde will loose the substantial income from the administration fees. Universal Music Publishing will certainly absorb the Songtrust business into their network to generate economies of scale. Songtrust will probably continue to operate under their name, but the data processing will be handled by Universal Music Publishing at some point. The disadvantage for writers, composers and publishers will be the fact that they will suffer from the intensive and dedicated work on the copyrights as it is currently performed by Songtrust and Budde. UMP do not have time for queries and claims, when something went wrong in the data processing at UMP or GEMA and other societies or streaming providers. Artists, composers, writers and smaller publishers represented by Budde and Songtrust will loose out.
Thomas Zimmermann
Board member & Treasurer, VUT
Universal Group is already in a very powerful position and wields that power over streaming services to the detriment of independent labels and distributors. Why should artists not have a level playing field? They don't now and they'll have even less of a one if the UMG/Downtown deal is allowed to go through.
Tim Clark
Director, Ferva Music
As a founder of, an indie music label built from the ground up to champion UK talent, I oppose the UMG/Downtown deal. We rely on fair access to distribution and services to compete, nurture artists, and keep creative control. This deal concentrates power, limits opportunities for independents, and risks silencing the diverse voices we fight to amplify. Blocking it protects a fair, thriving music ecosystem.
Toby Egekwu
Manager & Co-founder, Finesse Foreva
Another huge blow to the independent sector, where the biggest player moves into a position of even more dominance? This deal doesn't serve all the independent actors in the music industry, it moves in a direction of more power in the hands of a few.
Tomas Rimeika Karlsson
Rimeika retorik
Concentrating market share is always difficult, especially in the current market situation. This leads to the concentration of the majors in retail and, above all, in media. For indies, there are hardly any more opportunities to appear in the media with their artists.
Volker Sonntag
TAG-7
Major labels don't really care about their artists, they are motivated solely by the money they can make. With the money they earn, they gain more and more influence on digital platforms, offline-online mediums, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Xavier Collin
Directeur Général, Haute Fidélité
We are very concerned about a possible step towards further concentration in a market already dominated by the major companies.
Yannick Matray
Director, InFiné
Major labels are motivated primarily by the money they can make. With the money they earn, they gain more and more influence on digital platforms, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Zsolt Jeges
President, Mamazone Records
Corporate economy is driven by two interests: maximizing profit and increasing shareholder values. The music industry needs more than that as suitable approach to doing business with artists, composers, labels and all kinds of creative contributors. We need an economic infrastructure driven by entrepreneurship that is caring about cultural diversity, ready to try risky stuff and eager to release innovative sounds. Corporate economy cannot provide that. That’s why we need the freedom of choice to work with truly independent partners.
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
Corporate economy is driven by two interests: maximizing profit and increasing shareholder values. The music industry needs more than that as suitable approach to doing business with artists, composers, labels and all kinds of creative contributors. We need an economic infrastructure driven by entrepreneurship that is caring about cultural diversity, ready to try risky stuff and eager to release innovative sounds. Corporate economy cannot provide that. That’s why we need the freedom of choice to work with truly independent partners.
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
Before the explosive growth in digital consumption, there was an expression often quoted by record companies - 'content' may be king, but data will build the castle. Universal's bid to acquire the richest dataset in the market from the Fuga and Curve systems on behalf of their independent label clients will allow Universal the unique ability to farm that data to their own commercial advantage. Independent A&R activity will be laid bare, both from the market activity that A&R reaches, to the royalty and advance/recoupment arrangements of every single artist signed to an independent - as Rob Stringer (CEO Sony) acknowledged recently. Other than this, what commercial advantage does the acquisition of Downtown offer a behemoth the size of Universal with it's own in-house systems for these functions? The acquisition must be blocked by the EU on the grounds of unfair competition.
Alison Wenham
COO, Chrysalis Records
Before the explosive growth in digital consumption, there was an expression often quoted by record companies - 'content' may be king, but data will build the castle. Universal's bid to acquire the richest dataset in the market from the Fuga and Curve systems on behalf of their independent label clients will allow Universal the unique ability to farm that data to their own commercial advantage. Independent A&R activity will be laid bare, both from the market activity that A&R reaches, to the royalty and advance/recoupment arrangements of every single artist signed to an independent - as Rob Stringer (CEO Sony) acknowledged recently. Other than this, what commercial advantage does the acquisition of Downtown offer a behemoth the size of Universal with it's own in-house systems for these functions? The acquisition must be blocked by the EU on the grounds of unfair competition.
Alison Wenham
COO, Chrysalis Records
The recorded music industry is already dominated by an oligopoly, and this deal would only entrench that further. Digital distribution was supposed to create a more level playing field, but in reality, major music companies continue to control nearly every stage of production and distribution. On top of that, with access to Curve, the UMG would gain deep insights into the business operations of countless indie labels, giving them an even greater advantage in the data-driven side of the industry.
Anton Teichmann
Founder, Mansions and Millions
The recorded music industry is already dominated by an oligopoly, and this deal would only entrench that further. Digital distribution was supposed to create a more level playing field, but in reality, major music companies continue to control nearly every stage of production and distribution. On top of that, with access to Curve, the UMG would gain deep insights into the business operations of countless indie labels, giving them an even greater advantage in the data-driven side of the industry.
Anton Teichmann
Founder, Mansions and Millions
As an independent Austrian label with an international outlook but also a strong focus on German-language repertoire, we are concerned that takeovers by majors such as Universal Music threaten diversity. For years we have seen national repertoire lose its place as majors cut staff and close local offices. For us, this means international repertoire from Austria is effectively irrelevant, while local artists are losing their stage. A free and diverse market is essential for Europe’s cultural identity.
Austrian music company
As an independent Austrian label with an international outlook but also a strong focus on German-language repertoire, we are concerned that takeovers by majors such as Universal Music threaten diversity. For years we have seen national repertoire lose its place as majors cut staff and close local offices. For us, this means international repertoire from Austria is effectively irrelevant, while local artists are losing their stage. A free and diverse market is essential for Europe’s cultural identity.
Austrian music company
When unchecked growth disrupts an ecosystem, diversity suffers. If UMG acquires Downtown, entire independent structures are absorbed, giving UMG new power over DSPs and data that weakens independents. The result is less diversity, more homogenised output, and a cultural niche increasingly sidelined.
Birte Wiemann
Project Manager, Cargo Records Germany
When unchecked growth disrupts an ecosystem, diversity suffers. If UMG acquires Downtown, entire independent structures are absorbed, giving UMG new power over DSPs and data that weakens independents. The result is less diversity, more homogenised output, and a cultural niche increasingly sidelined.
Birte Wiemann
Project Manager, Cargo Records Germany
As the COO of Zeneszoveg.hu, I see first-hand how market concentration threatens independents like us. When majors merge, they not only expand their dominance but also start to claim rights they never legitimately held – such as lyrics, which in our jurisdiction are not under collective management. For over five years we have been pursuing justice through official legal channels, and courts have already ruled in our favor twice. Still, each step becomes harder when global giants reinforce each other’s position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights – but only if regulators ensure a level playing field by blocking or strictly conditioning deals like UMG/Downtown. they not only expand their dominance but also start to claim rights they never legitimately held, such as lyrics, which in our jurisdiction are not under collective management. Each step becomes harder when global giants reinforce each other's position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights - but only if regulators ensure a level playing field by blocking deals like UMG/Downtown.
Bori Koczka
COO, Zeneszoveg.hu // Songbook
As the COO of Zeneszoveg.hu, I see first-hand how market concentration threatens independents like us. When majors merge, they not only expand their dominance but also start to claim rights they never legitimately held – such as lyrics, which in our jurisdiction are not under collective management. For over five years we have been pursuing justice through official legal channels, and courts have already ruled in our favor twice. Still, each step becomes harder when global giants reinforce each other’s position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights – but only if regulators ensure a level playing field by blocking or strictly conditioning deals like UMG/Downtown. they not only expand their dominance but also start to claim rights they never legitimately held, such as lyrics, which in our jurisdiction are not under collective management. Each step becomes harder when global giants reinforce each other's position, making it more difficult for independents to survive. Our case shows that smaller players can stand up for their rights - but only if regulators ensure a level playing field by blocking deals like UMG/Downtown.
Bori Koczka
COO, Zeneszoveg.hu // Songbook
A strong music industry only can exist if there is healthy competition and the freedom of choice to find suitable business partners. Diversity is very important for music producing communities and if the largest music company on the market is getting even larger, freedom of choice and diversity will diminish.
Brigitte Matula
Professional representation in the Austrian film and music industry
A strong music industry only can exist if there is healthy competition and the freedom of choice to find suitable business partners. Diversity is very important for music producing communities and if the largest music company on the market is getting even larger, freedom of choice and diversity will diminish.
Brigitte Matula
Professional representation in the Austrian film and music industry
The acquisition of these distributors removes competition for independent labels to find distribution, thus increasing the cost of entry into the market for labels, as fees will naturally increase as UMG continue to relentlessly M&A all of these companies. The reason they are doing this is clear: they cannot break artists in the same way via the traditional frontline model they could as recently as 10 years ago. Now, instead of doing this, the indie community is simply being bought in order to gain market share and create an A&R funnel for themselves.
British music company
The acquisition of these distributors removes competition for independent labels to find distribution, thus increasing the cost of entry into the market for labels, as fees will naturally increase as UMG continue to relentlessly M&A all of these companies. The reason they are doing this is clear: they cannot break artists in the same way via the traditional frontline model they could as recently as 10 years ago. Now, instead of doing this, the indie community is simply being bought in order to gain market share and create an A&R funnel for themselves.
British music company
As an independent label from Latvia, we rely on diverse and neutral services to bring our artists to international audiences. If these platforms fall under UMG’s control, we fear higher costs, reduced access, and the loss of independence that small labels like ours need to survive. This deal risks creating a music ecosystem where one corporation controls too much of the infrastructure, leaving less room for diversity, innovation, and fair competition. For the long-term health of independent music, it should be blocked.
Bruno Roze
Founder/Artistic Director, I Love You Records
As an independent label from Latvia, we rely on diverse and neutral services to bring our artists to international audiences. If these platforms fall under UMG’s control, we fear higher costs, reduced access, and the loss of independence that small labels like ours need to survive. This deal risks creating a music ecosystem where one corporation controls too much of the infrastructure, leaving less room for diversity, innovation, and fair competition. For the long-term health of independent music, it should be blocked.
Bruno Roze
Founder/Artistic Director, I Love You Records
The cartel-like concentration on ever larger players in the music market, who have already established their own rules, such as participation in Spotify with unknown, higher distributions or the dominance of event organizers such as Livenation or Eventim, makes it increasingly difficult for independent labels to survive. An independent music culture can only continue to exist through diversity and supportive conditions for independent labels. Both are acutely threatened by the merger of Universal and Downtown.
Catharina Boutari
Head Of Label, Pussy Empire Recordings
The cartel-like concentration on ever larger players in the music market, who have already established their own rules, such as participation in Spotify with unknown, higher distributions or the dominance of event organizers such as Livenation or Eventim, makes it increasingly difficult for independent labels to survive. An independent music culture can only continue to exist through diversity and supportive conditions for independent labels. Both are acutely threatened by the merger of Universal and Downtown.
Catharina Boutari
Head Of Label, Pussy Empire Recordings
We have thought long and hard about which Royalty Accounting System to use in our day to day business, tested several services that are on offer and finally settled with Curve as this accounting system is tailored to meet our needs as an independent rightsholder spot on while being an independent entity. This is why the acquisition of Curve by Downtown in January 2023 was quite the talking point as any acquisition or take-over trims down the freedom of decision-making. However, with Downtown offering a variety of services to especially independent music companies, the acquisition was accepted. If the bigger fish in the sea, i.e. Universal, now gobbles up Downtown, Universal is suddenly in an unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal suddenly controls a lot more than merely “an additional company”, but market access for independent music companies predictably resulting in limited market access for independents companies as well as a serious blow to all aspect of diversity in the creative sector.
CEO of German music company
We have thought long and hard about which Royalty Accounting System to use in our day to day business, tested several services that are on offer and finally settled with Curve as this accounting system is tailored to meet our needs as an independent rightsholder spot on while being an independent entity. This is why the acquisition of Curve by Downtown in January 2023 was quite the talking point as any acquisition or take-over trims down the freedom of decision-making. However, with Downtown offering a variety of services to especially independent music companies, the acquisition was accepted. If the bigger fish in the sea, i.e. Universal, now gobbles up Downtown, Universal is suddenly in an unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal suddenly controls a lot more than merely “an additional company”, but market access for independent music companies predictably resulting in limited market access for independents companies as well as a serious blow to all aspect of diversity in the creative sector.
CEO of German music company
I believe that acquisitions of this type drastically change market competition. By offering a wider and more diverse range of options, UMG will leave fewer tools and less favorable conditions for the smaller players in the industry to offer their potential clients. Additionally, something that is already happening is that in large digital platforms like Spotify, rules and restrictions are applied to some providers, but not to others.
CEO of independent Bulgarian music company
I believe that acquisitions of this type drastically change market competition. By offering a wider and more diverse range of options, UMG will leave fewer tools and less favorable conditions for the smaller players in the industry to offer their potential clients. Additionally, something that is already happening is that in large digital platforms like Spotify, rules and restrictions are applied to some providers, but not to others.
CEO of independent Bulgarian music company
It would further restrict our choices should we decide to change digital distributors because we want to stay with an independent distributor - there are few serious options left that can cater for us. I would also worry how much more Universal can influence deals we are offered by DSPs, as these are already based on what they have negotiated with the majors in a "take it or leave it manner".
CFO of Dutch music company
It would further restrict our choices should we decide to change digital distributors because we want to stay with an independent distributor - there are few serious options left that can cater for us. I would also worry how much more Universal can influence deals we are offered by DSPs, as these are already based on what they have negotiated with the majors in a "take it or leave it manner".
CFO of Dutch music company
An estimated 78% of Music Rights are controlled by three big labels only. This is already a crazy monpolistic situation. Any further concentration must be avoided.
Christian Mueller
Founder, SPOZZ.club
An estimated 78% of Music Rights are controlled by three big labels only. This is already a crazy monpolistic situation. Any further concentration must be avoided.
Christian Mueller
Founder, SPOZZ.club
Concentration in the music industry has mostly brought disadvantages for artists and small businesses within the sector. Personally, I believe that copyright and publishing rights are the "treasure" of artists, both established and emerging. In light of recent moves, I am sceptical that companies with an oligopolistic position can take care of this treasure with a perspective that emphasises creative force over mere business models.
Cristián Elena
COSO Records
Concentration in the music industry has mostly brought disadvantages for artists and small businesses within the sector. Personally, I believe that copyright and publishing rights are the "treasure" of artists, both established and emerging. In light of recent moves, I am sceptical that companies with an oligopolistic position can take care of this treasure with a perspective that emphasises creative force over mere business models.
Cristián Elena
COSO Records
When near-monopolist Universal tries to acquire Downtown, one of the largest independent music ecosystems, and does so in the name of independence, it cheapens what the word means. Market consolidation at this scale is not only anti-competitive, it is a fundamental threat to true independence.
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
When near-monopolist Universal tries to acquire Downtown, one of the largest independent music ecosystems, and does so in the name of independence, it cheapens what the word means. Market consolidation at this scale is not only anti-competitive, it is a fundamental threat to true independence.
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
We have been part of the independent scene for 30 years now, and the impact of this deal is very negative for our industry because its vital that we all support each other to help our bands, content and promotion.
Dennis Dañobeitia
Manager and Owner, CFA
We have been part of the independent scene for 30 years now, and the impact of this deal is very negative for our industry because its vital that we all support each other to help our bands, content and promotion.
Dennis Dañobeitia
Manager and Owner, CFA
Reduces pathways to market in the independent ecosystem. That is not ideal.
Dylan Pellett
General Manager, Independent Music New Zealand
Reduces pathways to market in the independent ecosystem. That is not ideal.
Dylan Pellett
General Manager, Independent Music New Zealand
The overwhelming dominance this merger will give UMG in the market will allow them to use their size to demand better deals from suppliers - for example distribution platforms will likely be required to share more of their profits with UMG by way of discounts, cash backs, bonus payments to UMG which means that the distributors in order to maintain a viable business will have to take profits from small businesses by way of increased fees thus making it harder for smaller businesses to survive. Its not just an economic matter but a serious cultural issue - UMG will lean towards the more popular and commercial end of the market thus squeezing out innovations, diversity and experimentation. This merger will be a power to cultural conformity to the lowest popular denominator and avant garde, esoteric and ethnic music forms will be suffocated, left out in the cold unable to earn enough to maintain their businesses. UMGs dominance of the market will make it susceptible to political manipulation by unscrupulous governments and in that context the merger is profoundly anti and undemocratic. On an economic, cultural and political level this merger will have profound negative effect on society as a whole.
Eric Longley
Principal, 25 Hour Convenience Store
The overwhelming dominance this merger will give UMG in the market will allow them to use their size to demand better deals from suppliers - for example distribution platforms will likely be required to share more of their profits with UMG by way of discounts, cash backs, bonus payments to UMG which means that the distributors in order to maintain a viable business will have to take profits from small businesses by way of increased fees thus making it harder for smaller businesses to survive. Its not just an economic matter but a serious cultural issue - UMG will lean towards the more popular and commercial end of the market thus squeezing out innovations, diversity and experimentation. This merger will be a power to cultural conformity to the lowest popular denominator and avant garde, esoteric and ethnic music forms will be suffocated, left out in the cold unable to earn enough to maintain their businesses. UMGs dominance of the market will make it susceptible to political manipulation by unscrupulous governments and in that context the merger is profoundly anti and undemocratic. On an economic, cultural and political level this merger will have profound negative effect on society as a whole.
Eric Longley
Principal, 25 Hour Convenience Store
The majors already have massive control over the whole music ecosystem, from publishing to distribution, from streaming to royalty rates. If they occupy more from this pie, they eventually suffocate the grassroots and indie sector that feed the whole ecosystem. Like taking out the bees from Earth.
Eszter Décsy
Corner Art Management & Records
The majors already have massive control over the whole music ecosystem, from publishing to distribution, from streaming to royalty rates. If they occupy more from this pie, they eventually suffocate the grassroots and indie sector that feed the whole ecosystem. Like taking out the bees from Earth.
Eszter Décsy
Corner Art Management & Records
I’m very concerned about the UMG/Downtown deal and the long-term harm it could cause to the independent music community. Independent businesses and artists already face enormous challenges when competing against the scale, resources, and market control of the majors. A deal like this would further concentrate power in the hands of one of the biggest players in the industry, reducing the diversity and sustainability of the sector.
Fabio Besomi
Label Manager, il domani
I’m very concerned about the UMG/Downtown deal and the long-term harm it could cause to the independent music community. Independent businesses and artists already face enormous challenges when competing against the scale, resources, and market control of the majors. A deal like this would further concentrate power in the hands of one of the biggest players in the industry, reducing the diversity and sustainability of the sector.
Fabio Besomi
Label Manager, il domani
This is a crucial moment for the future of Europe’s music landscape. The Commission’s intervention shows these concerns are being taken seriously. The risks of reinforcing the leader and losing a big competitor are clearer today than ever before. Remedies would be ineffective in today’s music market. We trust the Commission will take the necessary steps to protect competition, access, and diversity across the sector.
Francesca Trainini
Vice President, PMI Italia
This is a crucial moment for the future of Europe’s music landscape. The Commission’s intervention shows these concerns are being taken seriously. The risks of reinforcing the leader and losing a big competitor are clearer today than ever before. Remedies would be ineffective in today’s music market. We trust the Commission will take the necessary steps to protect competition, access, and diversity across the sector.
Francesca Trainini
Vice President, PMI Italia
The Commission’s detailed investigation addresses the concerns of many across the industry: that unchecked consolidation poses a systemic threat to the future of an open music sector with plenty of choice for consumers and artists. This isn’t just about one deal, it’s about stemming a tide that will stifle diversity and limit opportunities. This is a global issue with consequences in many local markets, and we look to other regulators, including the CMA in the UK, to follow the EC’s lead to ensure a balanced and competitive music market.
Gee Davy
CEO, AIM
The Commission’s detailed investigation addresses the concerns of many across the industry: that unchecked consolidation poses a systemic threat to the future of an open music sector with plenty of choice for consumers and artists. This isn’t just about one deal, it’s about stemming a tide that will stifle diversity and limit opportunities. This is a global issue with consequences in many local markets, and we look to other regulators, including the CMA in the UK, to follow the EC’s lead to ensure a balanced and competitive music market.
Gee Davy
CEO, AIM
The more majors control, the more they CAN and WILL control. We need to have as many independent business as possible to have a vibrant music industy - and therefore we need to stop majors buying influence, data and catalogue.
General Manager of Danish music company
The more majors control, the more they CAN and WILL control. We need to have as many independent business as possible to have a vibrant music industy - and therefore we need to stop majors buying influence, data and catalogue.
General Manager of Danish music company
Time and again, we hear the same message at the outset of an acquisition: nothing will change. The company is being purchased because of what it already is, so there’s no reason to alter anything. Yet, without fail, a few months later the changes begin. Rarely are they for the better. More often than not, efficiency targets, profit margins, and the strategic goals of the acquiring company take priority over the identity and interests of the acquired business. History is full of examples. In the latest statements from Downtown, they repeatedly emphasize that Virgin will be a great partner. What they don’t say is that Virgin is owned by Universal. Which means, in effect, that this acquisition is being made by Universal itself. Universal has already been abusing its dominant market share in multiple ways—for example, manipulating streaming payouts to its own benefit, to the detriment of independents. Allowing this market giant to expand its market share even further would be reckless. I fully expect that access to some of Downtown’s currently services will either disappear or return on much less attractive terms. And with Universal’s increased market share, I also anticipate further declines in streaming payouts, driven by its influence and market power at the leading DSPs.
German musician
Time and again, we hear the same message at the outset of an acquisition: nothing will change. The company is being purchased because of what it already is, so there’s no reason to alter anything. Yet, without fail, a few months later the changes begin. Rarely are they for the better. More often than not, efficiency targets, profit margins, and the strategic goals of the acquiring company take priority over the identity and interests of the acquired business. History is full of examples. In the latest statements from Downtown, they repeatedly emphasize that Virgin will be a great partner. What they don’t say is that Virgin is owned by Universal. Which means, in effect, that this acquisition is being made by Universal itself. Universal has already been abusing its dominant market share in multiple ways—for example, manipulating streaming payouts to its own benefit, to the detriment of independents. Allowing this market giant to expand its market share even further would be reckless. I fully expect that access to some of Downtown’s currently services will either disappear or return on much less attractive terms. And with Universal’s increased market share, I also anticipate further declines in streaming payouts, driven by its influence and market power at the leading DSPs.
German musician
My concern is that Universal will gain too much market power, and force conditions on the market that favor and prioritise them. This is what they have done in the past, and it creates a difficult situation for small indie labels.
German record label
My concern is that Universal will gain too much market power, and force conditions on the market that favor and prioritise them. This is what they have done in the past, and it creates a difficult situation for small indie labels.
German record label
The deal itself isn't bad. But then, many independent artists use Downtown's distribution subsidiaries such as CD Baby, and there seems to be conflicts of interest. In case, an artist is blacklisted by major labels and wants to distribute his tracks as an independent. I also fear that some artist's tracks or album could be removed from streaming platforms and also prevented or blocked from being distributed, for business reasons or simply conflicts of interest.
Ghanaian musician
The deal itself isn't bad. But then, many independent artists use Downtown's distribution subsidiaries such as CD Baby, and there seems to be conflicts of interest. In case, an artist is blacklisted by major labels and wants to distribute his tracks as an independent. I also fear that some artist's tracks or album could be removed from streaming platforms and also prevented or blocked from being distributed, for business reasons or simply conflicts of interest.
Ghanaian musician
Music is a business and we are a part of it; OK, we know. But music also plays a much bigger role in and for culture and society in the broader sense. A role that is in great parts carried out by small and independent record labels and publishers. This culture needs nourishing, it needs opportunities and it needs fairness. The more extreme the business side of music becomes, the more endangered is the cultural aspect. The ongoing and accelerating trend towards ultimate and market-defining power for a few big corporations is therefore a dangerous precedent. It will eventually lead to a bigger market-concentration, which by definition is the opposite of what should be in policymakers interest for a diverse and flourishing musical culture in Europe.
Hannes Tschürtz
Ink Music
Music is a business and we are a part of it; OK, we know. But music also plays a much bigger role in and for culture and society in the broader sense. A role that is in great parts carried out by small and independent record labels and publishers. This culture needs nourishing, it needs opportunities and it needs fairness. The more extreme the business side of music becomes, the more endangered is the cultural aspect. The ongoing and accelerating trend towards ultimate and market-defining power for a few big corporations is therefore a dangerous precedent. It will eventually lead to a bigger market-concentration, which by definition is the opposite of what should be in policymakers interest for a diverse and flourishing musical culture in Europe.
Hannes Tschürtz
Ink Music
The EC is right to look closely at the impact of this acquisition and we believe blocking this deal is the only way to safeguard pluralism and diversity. All sectors need strong big companies as leaders, and all businesses deserve good options if the founders want to exit. However, there is a point when big is too big for the ecosystem and that harms the whole market including music fans and artists.
Helen Smith
Executive Chair, IMPALA
The EC is right to look closely at the impact of this acquisition and we believe blocking this deal is the only way to safeguard pluralism and diversity. All sectors need strong big companies as leaders, and all businesses deserve good options if the founders want to exit. However, there is a point when big is too big for the ecosystem and that harms the whole market including music fans and artists.
Helen Smith
Executive Chair, IMPALA
In general I think it's very bad for the music industry when larger companies keep acquiring smaller companies. We need more independent companies, not larger majors, to keep a healthier competition in this world. This acquisition should therefore definitely be blocked!
Henrik Augustin
Co-founder, Villa Management
In general I think it's very bad for the music industry when larger companies keep acquiring smaller companies. We need more independent companies, not larger majors, to keep a healthier competition in this world. This acquisition should therefore definitely be blocked!
Henrik Augustin
Co-founder, Villa Management
Independent music needs independent distribution!
Independent German artist
Independent music needs independent distribution!
Independent German artist
Concentration and Market Power: Universal is one of the “Big Three” in the music industry. An acquisition would further strengthen its market power. Less competition could lead to higher prices for services such as distribution, licensing and publishing. Independent labels may have less bargaining power when dealing with major players. Loss of Independence.
Independent German record label
Concentration and Market Power: Universal is one of the “Big Three” in the music industry. An acquisition would further strengthen its market power. Less competition could lead to higher prices for services such as distribution, licensing and publishing. Independent labels may have less bargaining power when dealing with major players. Loss of Independence.
Independent German record label
Concentration usually leads to a withering of supply. When only a few people are left to make decisions, everything ultimately reflects only their taste and objectives. We need to return to diversity.
Joachim Irmler
Musician,
Concentration usually leads to a withering of supply. When only a few people are left to make decisions, everything ultimately reflects only their taste and objectives. We need to return to diversity.
Joachim Irmler
Musician,
On behalf of the independent music community in Germany, we are writing to express our serious concerns regarding the proposed acquisition of Downtown Music Holdings LLC (“Downtown”) by Universal Music Group N.V. (“UMG”), currently under investigation by the European Commission – Case M.11956. The music industry in the EU is a cultural and economic success story, with recorded music revenue growing at 8.7% in 2023 and valued at €5.2 billion2. It is home to some of the most recognisable names in music, alongside thriving independent businesses. But we can’t take this for granted. While the EU’s music industry is indeed growing, this growth is uneven and lags behind other global markets. At the same time, changes are being made to how streaming revenues are shared, over which the independent sector has no say. A level playing field is essential to support a thriving music ecosystem that delivers benefits for the economy, culture and innovation. Everyone has a role to play – from the biggest music company in the world to the independent disruptive start-up uncovering new genres and sounds. But when acquisitions like this one occur and start to tip the scales too far, we must act. The proposed acquisition by UMG represents a serious risk to that balance. By absorbing Downtown’s distribution, royalty accounting, and rights management capabilities – services used by thousands of companies and artists across the independent sector – UMG would further entrench its already significant market power. The deal would place a significant chunk of essential infrastructure under the control of the market leader. That’s why it’s critical that the deal is reviewed through the lens of its “control share” over the digital markets economy, as well as the physical market, not just share by revenue. This isn’t just a simple “investment” in one of the world’s most prominent independent companies; it is about control. The implications are profound. This consolidation would further enable UMG to act as a gatekeeper to some of the sector’s best services, shaping which music is heard, promoted, and monetised. Such power carries risks not only to the commercial fortunes of independent businesses, but to the creative breadth and diversity of music itself. A concentration of this magnitude would narrow the range of voices, styles, and cultures that reach the public. It would give UMG further power to shape digital services, influence monetisation thresholds and extract more, at the expense of the independent sector. That would reduce choice for consumers, stifle experimentation, and undermine Europe’s role as a vibrant incubator of musical and artistic expression. Fans will hear less of the new and more of the same. Artists working outside the commercial mainstream will struggle to find traction. And a once-thriving creative economy will begin to stagnate. This acquisition also provides a key competitive advantage by allowing UMG to collect data from rivals using its services. This data is far reaching, from distribution information – including artists and song trends, and performance on digital platforms – all the way through to critical business information such as pricing, contractual terms and strategic relationships. Being able to access all of this data would give UMG backdoor access to other competing businesses in the market and strengthen its already advantageous position even further. Independent music companies play a vital role in promoting music innovation, fostering diversity and protecting culture. To fulfil that role, we must have fair and non-discriminatory access to the best infrastructure in the music economy. And not be forced into structural dependence on our biggest competitor who is also shifting payment models on digital services The proposed acquisition poses a clear threat to effective competition, innovation, and the growth of the music industry across the EU and globally We must keep music open.
Jörg Heidemann
CEO, VUT (German Independents Association)
On behalf of the independent music community in Germany, we are writing to express our serious concerns regarding the proposed acquisition of Downtown Music Holdings LLC (“Downtown”) by Universal Music Group N.V. (“UMG”), currently under investigation by the European Commission – Case M.11956. The music industry in the EU is a cultural and economic success story, with recorded music revenue growing at 8.7% in 2023 and valued at €5.2 billion2. It is home to some of the most recognisable names in music, alongside thriving independent businesses. But we can’t take this for granted. While the EU’s music industry is indeed growing, this growth is uneven and lags behind other global markets. At the same time, changes are being made to how streaming revenues are shared, over which the independent sector has no say. A level playing field is essential to support a thriving music ecosystem that delivers benefits for the economy, culture and innovation. Everyone has a role to play – from the biggest music company in the world to the independent disruptive start-up uncovering new genres and sounds. But when acquisitions like this one occur and start to tip the scales too far, we must act. The proposed acquisition by UMG represents a serious risk to that balance. By absorbing Downtown’s distribution, royalty accounting, and rights management capabilities – services used by thousands of companies and artists across the independent sector – UMG would further entrench its already significant market power. The deal would place a significant chunk of essential infrastructure under the control of the market leader. That’s why it’s critical that the deal is reviewed through the lens of its “control share” over the digital markets economy, as well as the physical market, not just share by revenue. This isn’t just a simple “investment” in one of the world’s most prominent independent companies; it is about control. The implications are profound. This consolidation would further enable UMG to act as a gatekeeper to some of the sector’s best services, shaping which music is heard, promoted, and monetised. Such power carries risks not only to the commercial fortunes of independent businesses, but to the creative breadth and diversity of music itself. A concentration of this magnitude would narrow the range of voices, styles, and cultures that reach the public. It would give UMG further power to shape digital services, influence monetisation thresholds and extract more, at the expense of the independent sector. That would reduce choice for consumers, stifle experimentation, and undermine Europe’s role as a vibrant incubator of musical and artistic expression. Fans will hear less of the new and more of the same. Artists working outside the commercial mainstream will struggle to find traction. And a once-thriving creative economy will begin to stagnate. This acquisition also provides a key competitive advantage by allowing UMG to collect data from rivals using its services. This data is far reaching, from distribution information – including artists and song trends, and performance on digital platforms – all the way through to critical business information such as pricing, contractual terms and strategic relationships. Being able to access all of this data would give UMG backdoor access to other competing businesses in the market and strengthen its already advantageous position even further. Independent music companies play a vital role in promoting music innovation, fostering diversity and protecting culture. To fulfil that role, we must have fair and non-discriminatory access to the best infrastructure in the music economy. And not be forced into structural dependence on our biggest competitor who is also shifting payment models on digital services The proposed acquisition poses a clear threat to effective competition, innovation, and the growth of the music industry across the EU and globally We must keep music open.
Jörg Heidemann
CEO, VUT (German Independents Association)
We need to secure the independent sector by letting it be independent; this deal would mess up the eco-system of independent sector.
Katja Vauhkonen
Executive Director, Indieco
We need to secure the independent sector by letting it be independent; this deal would mess up the eco-system of independent sector.
Katja Vauhkonen
Executive Director, Indieco
Diversity and innovation in music can only exist if independent players have equal access to fair and neutral partners.
Kimberly Balthasar
Grönland Records
Diversity and innovation in music can only exist if independent players have equal access to fair and neutral partners.
Kimberly Balthasar
Grönland Records
Obvious Negative Impacts of UMG / Downtown Deal: Market Concentration / Less Competition: UMG already dominates global recorded music. Adding Downtown’s publishing, distribution and services power further consolidates control. This reduces choice for independent artists and labels, who rely on smaller, competitive players to negotiate fairer terms. Reduced Bargaining Power for Independents: With UMG owning more of the supply chain, independent artists and businesses lose leverage in distribution, licensing, sync deals, and playlisting. Deals and revenue splits could become more one-sided in favour of UMG. Fewer Routes to Market for Artists: Downtown historically provided independents with an alternative to majors for publishing, distribution and rights administration. With UMG in control, that “independent-friendly” option is likely gone, forcing artists toward the major label system they may want to avoid. Conflicts of Interest: If UMG owns Downtown but also competes with Downtown’s former independent clients, there’s a risk of biased prioritisation. Example: catalogue exploitation, sync opportunities, playlist pitching — UMG artists will be prioritised. Price and Access Issues: Services once designed for independents (affordable distribution, transparent royalty collection, fairer publishing admin) could be “absorbed” into UMG’s higher-cost, less flexible systems. Indie artists/labels may face higher costs or lose access altogether. Stifling Innovation: Independent companies like Downtown have historically pushed new models (DIY distribution, admin-only publishing). With UMG taking over, the incentive to innovate is weaker — majors prefer to maintain existing power structures. This slows down progress for the entire sector. Cultural Homogenisation: Independents are often where risk-taking, niche genres, and diverse voices thrive. Increased consolidation under UMG risks sidelining those artists in favour of safe, commercial mainstream acts. In short: The deal reduces competition, limits choice, and creates even more barriers for independents — harming the diversity, fairness, and future sustainability of the music ecosystem.
Lee Jones
CEO, The New Church Records
Obvious Negative Impacts of UMG / Downtown Deal: Market Concentration / Less Competition: UMG already dominates global recorded music. Adding Downtown’s publishing, distribution and services power further consolidates control. This reduces choice for independent artists and labels, who rely on smaller, competitive players to negotiate fairer terms. Reduced Bargaining Power for Independents: With UMG owning more of the supply chain, independent artists and businesses lose leverage in distribution, licensing, sync deals, and playlisting. Deals and revenue splits could become more one-sided in favour of UMG. Fewer Routes to Market for Artists: Downtown historically provided independents with an alternative to majors for publishing, distribution and rights administration. With UMG in control, that “independent-friendly” option is likely gone, forcing artists toward the major label system they may want to avoid. Conflicts of Interest: If UMG owns Downtown but also competes with Downtown’s former independent clients, there’s a risk of biased prioritisation. Example: catalogue exploitation, sync opportunities, playlist pitching — UMG artists will be prioritised. Price and Access Issues: Services once designed for independents (affordable distribution, transparent royalty collection, fairer publishing admin) could be “absorbed” into UMG’s higher-cost, less flexible systems. Indie artists/labels may face higher costs or lose access altogether. Stifling Innovation: Independent companies like Downtown have historically pushed new models (DIY distribution, admin-only publishing). With UMG taking over, the incentive to innovate is weaker — majors prefer to maintain existing power structures. This slows down progress for the entire sector. Cultural Homogenisation: Independents are often where risk-taking, niche genres, and diverse voices thrive. Increased consolidation under UMG risks sidelining those artists in favour of safe, commercial mainstream acts. In short: The deal reduces competition, limits choice, and creates even more barriers for independents — harming the diversity, fairness, and future sustainability of the music ecosystem.
Lee Jones
CEO, The New Church Records
As an independent Portuguese artist, I oppose the UMG/Downtown deal. This acquisition would concentrate too much power in the hands of one major label, giving UMG access to services and sensitive data that independent musicians rely on. It threatens diversity, fairness, and real independence in music. For these reasons, I believe the deal should be blocked.
Marciano Cordeiro da Silva
mARCIANO
As an independent Portuguese artist, I oppose the UMG/Downtown deal. This acquisition would concentrate too much power in the hands of one major label, giving UMG access to services and sensitive data that independent musicians rely on. It threatens diversity, fairness, and real independence in music. For these reasons, I believe the deal should be blocked.
Marciano Cordeiro da Silva
mARCIANO
The UMG/Downtown deal threatens to create a two-tier music market where independent artists and labels face significantly reduced bargaining power with streaming services and distribution channels, ultimately limiting opportunities for diverse voices in music. This consolidation would further entrench UMG's dominance across European markets, squeezing out competition and jeopardizing the long-term viability of independent music businesses.
Mario Rossori
ROSSORI Promotion & Music
The UMG/Downtown deal threatens to create a two-tier music market where independent artists and labels face significantly reduced bargaining power with streaming services and distribution channels, ultimately limiting opportunities for diverse voices in music. This consolidation would further entrench UMG's dominance across European markets, squeezing out competition and jeopardizing the long-term viability of independent music businesses.
Mario Rossori
ROSSORI Promotion & Music
Market share confers decisive influence over revenue streams and marketing outlets which are of vital importance to all music makers and their agents and businesses. Rights distributions can be weighted in your favour, chart rules can be amended to exaggerate or diminish the visibility of certain artists, small retailers and radios can be obscured and hidden. In addition, as recognised by UMG, streaming architecture and royalty payouts can be engineered to favour some artists and to ignore others. The tendency of concentration is always to narrow choice and to silence voices. We have even seen repeated attempts to undermine the voices of the independent collectives on this issue over the last months. UMG is already too big, with too much competitive advantage in Europe; this deal needs to be stopped.
Mark Kitcatt
Everlasting Popstock
Market share confers decisive influence over revenue streams and marketing outlets which are of vital importance to all music makers and their agents and businesses. Rights distributions can be weighted in your favour, chart rules can be amended to exaggerate or diminish the visibility of certain artists, small retailers and radios can be obscured and hidden. In addition, as recognised by UMG, streaming architecture and royalty payouts can be engineered to favour some artists and to ignore others. The tendency of concentration is always to narrow choice and to silence voices. We have even seen repeated attempts to undermine the voices of the independent collectives on this issue over the last months. UMG is already too big, with too much competitive advantage in Europe; this deal needs to be stopped.
Mark Kitcatt
Everlasting Popstock
Our company wouldn't directly be affected by a possible acquisition. If it does go through it will simply make being truly independent ever more difficult.
Marlon McNeill
Founder, A Tree in a Field Music
Our company wouldn't directly be affected by a possible acquisition. If it does go through it will simply make being truly independent ever more difficult.
Marlon McNeill
Founder, A Tree in a Field Music
We are now operating in an industry increasingly shaped by global corporations, whose dominance over digital infrastructure affects everything from artist visibility to revenue. This ongoing consolidation amounts to a systematic weakening of the independent sector's ability to compete on fair terms. The rise of independent music has shown that artist-led and community-driven models can thrive when given space, but that space is shrinking rapidly under the weight of unchecked acquisition strategies. The independent sector is resilient, adaptive, vital and culturally diverse, but without decisive regulatory intervention, even the most innovative and committed independents will struggle to compete. This is more than just a market issue; it is a cultural one. When asked by people why we feel that UMG is dominant, it is an easy question to answer. They are dominant because they themselves say they are.
Martin Mills
Chair, Beggars Group
We are now operating in an industry increasingly shaped by global corporations, whose dominance over digital infrastructure affects everything from artist visibility to revenue. This ongoing consolidation amounts to a systematic weakening of the independent sector's ability to compete on fair terms. The rise of independent music has shown that artist-led and community-driven models can thrive when given space, but that space is shrinking rapidly under the weight of unchecked acquisition strategies. The independent sector is resilient, adaptive, vital and culturally diverse, but without decisive regulatory intervention, even the most innovative and committed independents will struggle to compete. This is more than just a market issue; it is a cultural one. When asked by people why we feel that UMG is dominant, it is an easy question to answer. They are dominant because they themselves say they are.
Martin Mills
Chair, Beggars Group
Downtown in hands of UMG would mean more monopolisation of the music market. we need more diversity and not some few companies which decide where to go, what to do and what to hear.
Matthias Möbius
Viamas
Downtown in hands of UMG would mean more monopolisation of the music market. we need more diversity and not some few companies which decide where to go, what to do and what to hear.
Matthias Möbius
Viamas
Artists rely on a pluralistic infrastructure that reflects diversity in both ownership and access. Allowing UMG to consolidate control over a major independent player would move the industry further toward a two-tier system, where market dominance—not creative merit—determines visibility and success. The acquisition of Downtown by UMG can mean a loss of autonomy for indie labels and artists relying on distributors who end up being absorbed by a major label, an even greater imbalance in negotiating power with streaming platforms (visibility, licensing agreements, etc.) and an increase in information asymmetry, given privileged access to critical business data. We therefore urge the European Commission to block the acquisition altogether.
Nacho García Vega
President , International Artist Organisation
Artists rely on a pluralistic infrastructure that reflects diversity in both ownership and access. Allowing UMG to consolidate control over a major independent player would move the industry further toward a two-tier system, where market dominance—not creative merit—determines visibility and success. The acquisition of Downtown by UMG can mean a loss of autonomy for indie labels and artists relying on distributors who end up being absorbed by a major label, an even greater imbalance in negotiating power with streaming platforms (visibility, licensing agreements, etc.) and an increase in information asymmetry, given privileged access to critical business data. We therefore urge the European Commission to block the acquisition altogether.
Nacho García Vega
President , International Artist Organisation
At Celebration Records Denmark, we exist to champion local voices, nurture emerging talent, and ensure that music outside the mainstream has a place to grow. Our ability to do this relies on a music ecosystem where independent labels, artists, and businesses can compete on fair and transparent terms. The proposed UMG/Downtown deal is deeply concerning for us and for the independent sector as a whole. By consolidating an even greater share of rights and catalogs under Universal’s control, this deal risks creating a market where independent labels like ours are further marginalized. The space for cultural diversity, risk-taking, and artist ownership will shrink, while the leverage of the major will only increase. For a label like Celebration Records and other indies, this could mean: 1. Reduced visibility for our artists on streaming platforms dominated by major-label playlists and promotion. 2. Less negotiating power in licensing and distribution, where the majors already enjoy outsized influence. 3. Higher barriers for developing new talent, as financial and market pressures tilt further towards global monopolies rather than community-based initiatives. In the long term, this is not only damaging for independents but for music itself. If one company can control both repertoire and infrastructure, innovation and diversity will inevitably suffer. Independent labels are often the ones taking chances on new sounds, nurturing artists who don’t fit commercial molds, and sustaining local culture. Deals like this make it harder for us to survive and thrive. For these reasons, we believe the UMG/Downtown deal should be blocked. Protecting independence and diversity in music is not just about business—it’s about ensuring that the next generation of artists has the opportunity to be heard, and that audiences everywhere can access more than just what a single corporation chooses to prioritize.
Nicki Refstrup Bladt
Label Manager, Celebration Records
At Celebration Records Denmark, we exist to champion local voices, nurture emerging talent, and ensure that music outside the mainstream has a place to grow. Our ability to do this relies on a music ecosystem where independent labels, artists, and businesses can compete on fair and transparent terms. The proposed UMG/Downtown deal is deeply concerning for us and for the independent sector as a whole. By consolidating an even greater share of rights and catalogs under Universal’s control, this deal risks creating a market where independent labels like ours are further marginalized. The space for cultural diversity, risk-taking, and artist ownership will shrink, while the leverage of the major will only increase. For a label like Celebration Records and other indies, this could mean: 1. Reduced visibility for our artists on streaming platforms dominated by major-label playlists and promotion. 2. Less negotiating power in licensing and distribution, where the majors already enjoy outsized influence. 3. Higher barriers for developing new talent, as financial and market pressures tilt further towards global monopolies rather than community-based initiatives. In the long term, this is not only damaging for independents but for music itself. If one company can control both repertoire and infrastructure, innovation and diversity will inevitably suffer. Independent labels are often the ones taking chances on new sounds, nurturing artists who don’t fit commercial molds, and sustaining local culture. Deals like this make it harder for us to survive and thrive. For these reasons, we believe the UMG/Downtown deal should be blocked. Protecting independence and diversity in music is not just about business—it’s about ensuring that the next generation of artists has the opportunity to be heard, and that audiences everywhere can access more than just what a single corporation chooses to prioritize.
Nicki Refstrup Bladt
Label Manager, Celebration Records
The proposed acquisition of Downtown by UMG poses a significant risk to innovation and sustainable growth in our sector and follows a track record of buying up independent services around the world to stifle competition. Through the acquisition of the Downtown group of companies, UMG will solidify its role as a critical intermediary in the recorded music market, integrating several business lines to control essential infrastructure on which its competitors depend. This would enable UMG to influence the market by imposing terms on the main monetization channels. It would also allow it to exploit the data it gathers from rival companies that use its services to undermine them. This deal must be stopped to ensure every part of the global music industry has a fair chance to grow and succeed.
Noemí Planas
CEO, WIN - Worldwide Independent Network
The proposed acquisition of Downtown by UMG poses a significant risk to innovation and sustainable growth in our sector and follows a track record of buying up independent services around the world to stifle competition. Through the acquisition of the Downtown group of companies, UMG will solidify its role as a critical intermediary in the recorded music market, integrating several business lines to control essential infrastructure on which its competitors depend. This would enable UMG to influence the market by imposing terms on the main monetization channels. It would also allow it to exploit the data it gathers from rival companies that use its services to undermine them. This deal must be stopped to ensure every part of the global music industry has a fair chance to grow and succeed.
Noemí Planas
CEO, WIN - Worldwide Independent Network
It is very important for artistic diversity and variety in the music industry that independent, small to mid-sized labels remain and can grow. Also it cannot be good for a heterogeneous and properly functioning music ecosystem when a single entity has a monopoly over everything.
Patrick Tilg
MA, Feber Wolle Records
It is very important for artistic diversity and variety in the music industry that independent, small to mid-sized labels remain and can grow. Also it cannot be good for a heterogeneous and properly functioning music ecosystem when a single entity has a monopoly over everything.
Patrick Tilg
MA, Feber Wolle Records
The music market is already way too much monopolised. We don't want more of that.
PJ Wassermann
Owner, HyperMusic
The music market is already way too much monopolised. We don't want more of that.
PJ Wassermann
Owner, HyperMusic
As an independent artist who writes and performs my own music, I rely on accessible and fair services like CD Baby to share my work with listeners worldwide. While I recognize the important role that major companies like UMG play in the music ecosystem, I worry that this deal could create too much dependence on a single player for essential services such as distribution and royalty accounting. This might limit opportunities for independent artists like me and reduce the diversity and innovation that make music so vibrant. I believe it’s important to ensure that the industry remains open and balanced, so both major and independent voices can thrive side by side.
Portuguese musician
As an independent artist who writes and performs my own music, I rely on accessible and fair services like CD Baby to share my work with listeners worldwide. While I recognize the important role that major companies like UMG play in the music ecosystem, I worry that this deal could create too much dependence on a single player for essential services such as distribution and royalty accounting. This might limit opportunities for independent artists like me and reduce the diversity and innovation that make music so vibrant. I believe it’s important to ensure that the industry remains open and balanced, so both major and independent voices can thrive side by side.
Portuguese musician
I have concerns about the impact for independent labels, publishers and artists, that rely on services like CD Baby and Songtrust, to distribute music to streaming services, track royalties, manage rights and get paid accurately. It's counterproductive to fostering the independent music industry as well as Europe's role as an incubator of musical and artistic expression.
Rebecca Knight
Founder , Audiofunk
I have concerns about the impact for independent labels, publishers and artists, that rely on services like CD Baby and Songtrust, to distribute music to streaming services, track royalties, manage rights and get paid accurately. It's counterproductive to fostering the independent music industry as well as Europe's role as an incubator of musical and artistic expression.
Rebecca Knight
Founder , Audiofunk
I have previously sold a business to UMG. They mainly buy to kill the competition. They care very little of what they have acquired. Building another company like Downtown will be extremely difficult. Less competition means less choice for consumers. This is step closer for them having similar status than Live Nation has on live music scene.
Riku Pääkkönen
Owner, Ranka Kustannus
I have previously sold a business to UMG. They mainly buy to kill the competition. They care very little of what they have acquired. Building another company like Downtown will be extremely difficult. Less competition means less choice for consumers. This is step closer for them having similar status than Live Nation has on live music scene.
Riku Pääkkönen
Owner, Ranka Kustannus
As an independent rights holder and operator of Zeneszoveg.hu, the leading Hungarian lyric database, I am strongly concerned about the negative impact of the proposed UMG/Downtown deal. These kinds of consolidations do not only strengthen the dominance of the largest companies, but they also put independent players at a systemic disadvantage. Rights and revenues that legally do not fall under collective management – such as lyrics – are increasingly absorbed and claimed by the majors as if they were their own, without legitimate licensing. This misrepresentation distorts the market, erodes our revenues, and undermines the legal framework that should protect local rights holders. For us, the impact is direct and severe: we lose visibility, licensing opportunities, and recognition, while audiences are misled into believing that the majors hold rights they do not. This not only damages competition, but also erases cultural diversity, as smaller local repertoires and independent publishers are sidelined in favor of a handful of global players. It is important to highlight that we ourselves have been fighting through official legal channels for more than five (!) years – and we are still standing, because the jurisdiction has already ruled in our favor twice. Yet these struggles become increasingly heavy and discouraging when the largest players team up, reinforcing each other’s market dominance to shape perceptions of rights ownership. Still, we hope that our case will eventually give hope to other independents, showing that defending rights and cultural diversity is not in vain. If approved without strict safeguards, this deal would accelerate the unfair concentration of power, where global corporations in practice rewrite the scope of rights ownership, regardless of the law. This is why we believe the merger should be blocked, or at the very least conditioned on strong protections for independent rights holders, local markets, and cultural diversity.
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
As an independent rights holder and operator of Zeneszoveg.hu, the leading Hungarian lyric database, I am strongly concerned about the negative impact of the proposed UMG/Downtown deal. These kinds of consolidations do not only strengthen the dominance of the largest companies, but they also put independent players at a systemic disadvantage. Rights and revenues that legally do not fall under collective management – such as lyrics – are increasingly absorbed and claimed by the majors as if they were their own, without legitimate licensing. This misrepresentation distorts the market, erodes our revenues, and undermines the legal framework that should protect local rights holders. For us, the impact is direct and severe: we lose visibility, licensing opportunities, and recognition, while audiences are misled into believing that the majors hold rights they do not. This not only damages competition, but also erases cultural diversity, as smaller local repertoires and independent publishers are sidelined in favor of a handful of global players. It is important to highlight that we ourselves have been fighting through official legal channels for more than five (!) years – and we are still standing, because the jurisdiction has already ruled in our favor twice. Yet these struggles become increasingly heavy and discouraging when the largest players team up, reinforcing each other’s market dominance to shape perceptions of rights ownership. Still, we hope that our case will eventually give hope to other independents, showing that defending rights and cultural diversity is not in vain. If approved without strict safeguards, this deal would accelerate the unfair concentration of power, where global corporations in practice rewrite the scope of rights ownership, regardless of the law. This is why we believe the merger should be blocked, or at the very least conditioned on strong protections for independent rights holders, local markets, and cultural diversity.
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
As an independent musician and composer, I am deeply concerned about the proposed acquisition of Downtown by Universal Music Group. Deals like this directly affect my ability to sustain a career in music. If UMG controls the infrastructure that I and many others rely on — distribution, rights management, and royalty services — we will be forced to depend on a competitor for essential parts of our work. This threatens fair treatment, transparency, and the freedom to choose the partners that best serve independent creators. I also fear that this deal would reduce opportunities for artists like me. Fewer independent options mean higher costs, less visibility for diverse music, and an even greater concentration of power in the hands of one corporation. Such an outcome would harm not only my livelihood, but also the cultural diversity that independent music brings to audiences. For these reasons, I strongly urge you to block the UMG/Downtown deal.
Samuel Martins Coelho
Samuel Martins Coelho
As an independent musician and composer, I am deeply concerned about the proposed acquisition of Downtown by Universal Music Group. Deals like this directly affect my ability to sustain a career in music. If UMG controls the infrastructure that I and many others rely on — distribution, rights management, and royalty services — we will be forced to depend on a competitor for essential parts of our work. This threatens fair treatment, transparency, and the freedom to choose the partners that best serve independent creators. I also fear that this deal would reduce opportunities for artists like me. Fewer independent options mean higher costs, less visibility for diverse music, and an even greater concentration of power in the hands of one corporation. Such an outcome would harm not only my livelihood, but also the cultural diversity that independent music brings to audiences. For these reasons, I strongly urge you to block the UMG/Downtown deal.
Samuel Martins Coelho
Samuel Martins Coelho
Besides that, that my competitiveness will shrink even more, I’m afraid they will start to implement new standards and regulations which even indies may have to apply for.
Swiss music producer
Besides that, that my competitiveness will shrink even more, I’m afraid they will start to implement new standards and regulations which even indies may have to apply for.
Swiss music producer
Further loss of the established indie structure, continued dependence on global players.
Thomas Franke
T3 Records
Further loss of the established indie structure, continued dependence on global players.
Thomas Franke
T3 Records
Universal Group is already in a very powerful position and wields that power over streaming services to the detriment of independent labels and distributors. Why should artists not have a level playing field? They don't now and they'll have even less of a one if the UMG/Downtown deal is allowed to go through.
Tim Clark
Director, Ferva Music
Universal Group is already in a very powerful position and wields that power over streaming services to the detriment of independent labels and distributors. Why should artists not have a level playing field? They don't now and they'll have even less of a one if the UMG/Downtown deal is allowed to go through.
Tim Clark
Director, Ferva Music
Another huge blow to the independent sector, where the biggest player moves into a position of even more dominance? This deal doesn't serve all the independent actors in the music industry, it moves in a direction of more power in the hands of a few.
Tomas Rimeika Karlsson
Rimeika retorik
Another huge blow to the independent sector, where the biggest player moves into a position of even more dominance? This deal doesn't serve all the independent actors in the music industry, it moves in a direction of more power in the hands of a few.
Tomas Rimeika Karlsson
Rimeika retorik
Major labels don't really care about their artists, they are motivated solely by the money they can make. With the money they earn, they gain more and more influence on digital platforms, offline-online mediums, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Xavier Collin
Directeur Général, Haute Fidélité
Major labels don't really care about their artists, they are motivated solely by the money they can make. With the money they earn, they gain more and more influence on digital platforms, offline-online mediums, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Xavier Collin
Directeur Général, Haute Fidélité
Major labels are motivated primarily by the money they can make. With the money they earn, they gain more and more influence on digital platforms, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Zsolt Jeges
President, Mamazone Records
Major labels are motivated primarily by the money they can make. With the money they earn, they gain more and more influence on digital platforms, which distorts the market. In contrast, the most important characteristic of independent labels is that they do their work out of passion, doing everything for their artists, amidst the ever-shrinking opportunities.
Zsolt Jeges
President, Mamazone Records
It'll suck out many acts and labels from the independent sector, thoroughly weakening it and strengthening UMG's already vast hold on the music sector.
Alan Hauser
Jungle Records
It'll suck out many acts and labels from the independent sector, thoroughly weakening it and strengthening UMG's already vast hold on the music sector.
Alan Hauser
Jungle Records
This further market consolidation will definitely have a negative impact on diversity in the music industry. The enormous market power and the pretence of supposed independent structures mislead artists and fans and jeopardise equal opportunities. Our customers are independent record producers and musicians. In the case of record producers in particular, this will lead to a reduction in the number of players, which in turn will reduce the number of our potential customers. In addition, the influence of the major companies will continue to grow, even in committees such as collecting societies. This has an enormous impact on the distribution structures of all rights holders and, of course, agencies like ours, which help rights holders to collect these revenues and also fight for fair distribution, for which they urgently need fair representation of their interests in these committees.
Alexander Warnke
CEO, PRO Agency
This further market consolidation will definitely have a negative impact on diversity in the music industry. The enormous market power and the pretence of supposed independent structures mislead artists and fans and jeopardise equal opportunities. Our customers are independent record producers and musicians. In the case of record producers in particular, this will lead to a reduction in the number of players, which in turn will reduce the number of our potential customers. In addition, the influence of the major companies will continue to grow, even in committees such as collecting societies. This has an enormous impact on the distribution structures of all rights holders and, of course, agencies like ours, which help rights holders to collect these revenues and also fight for fair distribution, for which they urgently need fair representation of their interests in these committees.
Alexander Warnke
CEO, PRO Agency
I have a few tracks still on CD baby. While they are going to be pulled by end of month because of this acquisition, if I continued with the service, UMG would then acquire intellectual property as well as personal data from me, as well as stifling competitive options for independent music distribution.
Anthony Cruze
ULX Ultraluxe Group
I have a few tracks still on CD baby. While they are going to be pulled by end of month because of this acquisition, if I continued with the service, UMG would then acquire intellectual property as well as personal data from me, as well as stifling competitive options for independent music distribution.
Anthony Cruze
ULX Ultraluxe Group
As an independent music entrepreneur, I experience every day how important fair and open structures in the music industry are. Innovation, diversity and cultural variety do not arise by themselves – they need space, competition and equal opportunities. Europe has a vibrant, growing music economy. To ensure it stays that way, we must make sure that artists and companies beyond the mainstream will continue to have fair access to markets, data and services in the future. In my daily work – for example with young artists at the beginning of their careers – I see how crucial transparent structures and fair conditions are. Many of them bring enormous creativity, fresh perspectives and bold musical approaches, but often encounter barriers when it comes to visibility, access to data or fair remuneration. Yet it is precisely this diversity that is at the heart of a strong and future-proof European music landscape. I therefore expressly support IMPALA’s call on the European Commission to carefully examine the long-term, structural consequences of this takeover and to ensure that music in Europe remains open, diverse and competitive.
Austrian music company
As an independent music entrepreneur, I experience every day how important fair and open structures in the music industry are. Innovation, diversity and cultural variety do not arise by themselves – they need space, competition and equal opportunities. Europe has a vibrant, growing music economy. To ensure it stays that way, we must make sure that artists and companies beyond the mainstream will continue to have fair access to markets, data and services in the future. In my daily work – for example with young artists at the beginning of their careers – I see how crucial transparent structures and fair conditions are. Many of them bring enormous creativity, fresh perspectives and bold musical approaches, but often encounter barriers when it comes to visibility, access to data or fair remuneration. Yet it is precisely this diversity that is at the heart of a strong and future-proof European music landscape. I therefore expressly support IMPALA’s call on the European Commission to carefully examine the long-term, structural consequences of this takeover and to ensure that music in Europe remains open, diverse and competitive.
Austrian music company
We will not be directly impacted as label or publisher. It’s more about cultural pluralism, artistic diversity, and preventing dominant players from imposing their vision of the market on others.
Aymeric Genty
CEO, I.O.T Records
We will not be directly impacted as label or publisher. It’s more about cultural pluralism, artistic diversity, and preventing dominant players from imposing their vision of the market on others.
Aymeric Genty
CEO, I.O.T Records
The UMG/Downtown deal threatens the independent music sector. By taking control of essential services like, UMG would become gatekeeper to the infrastructure independents rely on. This consolidation risks locking rights away for decades, reducing fair access, and handing sensitive data to the biggest major. The result: less competition, fewer opportunities for independents, and a loss of cultural diversity.
Björn Mathes
Co-Founder / CEO, FerryHouse
The UMG/Downtown deal threatens the independent music sector. By taking control of essential services like, UMG would become gatekeeper to the infrastructure independents rely on. This consolidation risks locking rights away for decades, reducing fair access, and handing sensitive data to the biggest major. The result: less competition, fewer opportunities for independents, and a loss of cultural diversity.
Björn Mathes
Co-Founder / CEO, FerryHouse
This concentration crushes diversity, limits fair access and silences voices that deserve to be heard. In synch licensing, a crucial revenue stream for indie labels, UMG imposes conditions on production companies that they can’t escape given its massive market share. That leaves only a tiny budget for independents. And this is just one of the many problems this situation creates. The Downtown deal would only make things worse.
Borja Torres
Co-founder, Lovemonk Discos Buenos
This concentration crushes diversity, limits fair access and silences voices that deserve to be heard. In synch licensing, a crucial revenue stream for indie labels, UMG imposes conditions on production companies that they can’t escape given its massive market share. That leaves only a tiny budget for independents. And this is just one of the many problems this situation creates. The Downtown deal would only make things worse.
Borja Torres
Co-founder, Lovemonk Discos Buenos
The UK has always had an important place in shaping culture through music and that has largely started at ground level through artists and labels being independent and innovative. To have a major label gain such significantly greater control over the industry would be to erode the qualities that gives UK music its value. Musicians and labels need viable alternatives to being connected to majors and there needs to be space for innovation and variance in deals and ways of working which the independent sector is great at doing. Not everyone wants to be connected to a major and this deal would minimise choice and move towards creating a monopoly.
British music company
The UK has always had an important place in shaping culture through music and that has largely started at ground level through artists and labels being independent and innovative. To have a major label gain such significantly greater control over the industry would be to erode the qualities that gives UK music its value. Musicians and labels need viable alternatives to being connected to majors and there needs to be space for innovation and variance in deals and ways of working which the independent sector is great at doing. Not everyone wants to be connected to a major and this deal would minimise choice and move towards creating a monopoly.
British music company
The prospect of our royalty accountancy software being absorbed by a major corporation who are controlling a significant part of the market is concerning. It gives sensitive information away to competitors, which could be damaging to our A&R and deal-making; they will effectively know all our commercial terms.
British record label
The prospect of our royalty accountancy software being absorbed by a major corporation who are controlling a significant part of the market is concerning. It gives sensitive information away to competitors, which could be damaging to our A&R and deal-making; they will effectively know all our commercial terms.
British record label
For several years Songtrust has been my publishing administrator, and that of several artists on the K label. Prior to Songtrust, it was difficult for independent artists, both emerging artists and established artists whose work was too outside of the mainstream, to receive proper publishing administrative capacity, especially on a global scale. By stepping in to this role Songtrust provided many artists lost in a publishing world "no man's land" with comprehensive collection of the funds due to them, however large or small. If Songtrust loses this focus on the underserved and reverts to a "major label" mentality, many of our artists (myself included) will be left back in that publishing no man's land without any representation for our work, or poor representation lacking the attention to detail Songtrust provides for independent, non-major artists.
Calvin Johnson
Proprietor, K Records
For several years Songtrust has been my publishing administrator, and that of several artists on the K label. Prior to Songtrust, it was difficult for independent artists, both emerging artists and established artists whose work was too outside of the mainstream, to receive proper publishing administrative capacity, especially on a global scale. By stepping in to this role Songtrust provided many artists lost in a publishing world "no man's land" with comprehensive collection of the funds due to them, however large or small. If Songtrust loses this focus on the underserved and reverts to a "major label" mentality, many of our artists (myself included) will be left back in that publishing no man's land without any representation for our work, or poor representation lacking the attention to detail Songtrust provides for independent, non-major artists.
Calvin Johnson
Proprietor, K Records
Our business as an independent record label is concerned that the UMG/Downtown deal will allow UMG to have access to and potentially use Downtown services, data and other customer information for its own needs. We use FUGA as our delivery partner to DSPs and rely on its independence from any and all majors. UMG's control over Downtown would also allow it to remove or drive down services valued by independents, make notable price hikes, decrease investments in service developments and prioritise strategies in line with UMG's own. Given the massive size and power of UMG, they could do this both in the short-term or over a long period of time. These are a few examples of why the deal should be blocked.
CEO of Finnish record label
Our business as an independent record label is concerned that the UMG/Downtown deal will allow UMG to have access to and potentially use Downtown services, data and other customer information for its own needs. We use FUGA as our delivery partner to DSPs and rely on its independence from any and all majors. UMG's control over Downtown would also allow it to remove or drive down services valued by independents, make notable price hikes, decrease investments in service developments and prioritise strategies in line with UMG's own. Given the massive size and power of UMG, they could do this both in the short-term or over a long period of time. These are a few examples of why the deal should be blocked.
CEO of Finnish record label
We are an independent music distribution company, that uses FUGA as an aggregator to deliver digital releases to the DSPs. We are concerned that Universal could gain access to our sales data and potentially use this information to identify successful music from our catalogue in order to license it for themselves.
CEO of German music company
We are an independent music distribution company, that uses FUGA as an aggregator to deliver digital releases to the DSPs. We are concerned that Universal could gain access to our sales data and potentially use this information to identify successful music from our catalogue in order to license it for themselves.
CEO of German music company
The market shares will be even worse than before. Since the music market now is only based on streaming shares is this a true threat to all independents.
CEO of Swedish music company
The market shares will be even worse than before. Since the music market now is only based on streaming shares is this a true threat to all independents.
CEO of Swedish music company
"Overly dominant market players, in any industry, have the potential to be detrimental to the diversity and health of that sector. The independent music sector brings enormous cultural value by giving voice to and financially supporting innovative, niche, and localised artists in a market already dominated by extremely powerful players. This sector, including our company, plays a key role in supporting and nurturing a diverse and dynamic ecosystem. However, in these transformative times, we are operating in an extremely fragile environment. Powerful global corporations are openly asserting the need for further dominance to satisfy their shareholders. Further consolidation within the industry, as proposed in this transaction—particularly when it includes ownership of some of our sector’s most sensitive and crucial infrastructure and data—will irreparably damage this ecosystem and be detrimental to music culture globally."
Charles Caldas and team
Exceleration Music
"Overly dominant market players, in any industry, have the potential to be detrimental to the diversity and health of that sector. The independent music sector brings enormous cultural value by giving voice to and financially supporting innovative, niche, and localised artists in a market already dominated by extremely powerful players. This sector, including our company, plays a key role in supporting and nurturing a diverse and dynamic ecosystem. However, in these transformative times, we are operating in an extremely fragile environment. Powerful global corporations are openly asserting the need for further dominance to satisfy their shareholders. Further consolidation within the industry, as proposed in this transaction—particularly when it includes ownership of some of our sector’s most sensitive and crucial infrastructure and data—will irreparably damage this ecosystem and be detrimental to music culture globally."
Charles Caldas and team
Exceleration Music
As a team operating a micro-business outside of the major global music centres, we see this development as a serious threat to the diversity and independence of our industry. Operating sustainably at a small scale is already challenging. This merger would centralise power further and risks reducing the limited opportunities available to independent voices. In today’s music landscape, data not only drives business decisions but also curatorial choices - from radio programming to festival line-ups and media appearances. Consolidating even more data and distribution power under the largest music company in the world increases an already unprecedented level of business intelligence and influence, further marginalising independents. If the music industry is to thrive, it must make space for work that exists outside of the mainstream. Monopolisation of distribution runs counter to that vision, and risks homogenising the culture we all depend on. We oppose this merger in order to protect independence, diversity, and the future of music.
Co-founder of Scottish music company
As a team operating a micro-business outside of the major global music centres, we see this development as a serious threat to the diversity and independence of our industry. Operating sustainably at a small scale is already challenging. This merger would centralise power further and risks reducing the limited opportunities available to independent voices. In today’s music landscape, data not only drives business decisions but also curatorial choices - from radio programming to festival line-ups and media appearances. Consolidating even more data and distribution power under the largest music company in the world increases an already unprecedented level of business intelligence and influence, further marginalising independents. If the music industry is to thrive, it must make space for work that exists outside of the mainstream. Monopolisation of distribution runs counter to that vision, and risks homogenising the culture we all depend on. We oppose this merger in order to protect independence, diversity, and the future of music.
Co-founder of Scottish music company
The deal is closing opportunities for independent labels to distribute their music across digital platforms through reliable independently owned companies. It also raises concerns about usage of accumulated data from indie companies who worked with Fuga, Downtown etc., as this data would now be owned by a major company who would, beyond doubt, use it for further acquisitions or to their advantage on the market. In order to sustain fair market this deal should be stopped. Although not many labels from our territories used companies that are part of this deal, the impact on the digital market would be devastating, creating an already dominant company even bigger and thus influencing all other parts of the music business, like physical distribution, rights collecting, access to artists, media, policy makers etc. In developing markets, like most of them are in Southeast European region, the impact would be even more negative.
Dario Draštata
Executive Director, Dallas Records
The deal is closing opportunities for independent labels to distribute their music across digital platforms through reliable independently owned companies. It also raises concerns about usage of accumulated data from indie companies who worked with Fuga, Downtown etc., as this data would now be owned by a major company who would, beyond doubt, use it for further acquisitions or to their advantage on the market. In order to sustain fair market this deal should be stopped. Although not many labels from our territories used companies that are part of this deal, the impact on the digital market would be devastating, creating an already dominant company even bigger and thus influencing all other parts of the music business, like physical distribution, rights collecting, access to artists, media, policy makers etc. In developing markets, like most of them are in Southeast European region, the impact would be even more negative.
Dario Draštata
Executive Director, Dallas Records
Simply put, this acquisition would skew the global music market to a level never seen before, even compared to times when the majors were more dominant and forced to divest. It would remove any semblance of competition and erode the possibility of fairness for artists and other music makers.
David Martin
CEO, Featured Artists' Coalition
Simply put, this acquisition would skew the global music market to a level never seen before, even compared to times when the majors were more dominant and forced to divest. It would remove any semblance of competition and erode the possibility of fairness for artists and other music makers.
David Martin
CEO, Featured Artists' Coalition
I've been marketing for independent artists for over five years, working with more than 180 clients. I'm also the A&R for the independent distributor SYMPHONIC. I see a threat that fewer and fewer artists are working with their own teams and are under the standards of MATOYORS companies.
Diego Monje Coccolo
CEO, Cactus Music
I've been marketing for independent artists for over five years, working with more than 180 clients. I'm also the A&R for the independent distributor SYMPHONIC. I see a threat that fewer and fewer artists are working with their own teams and are under the standards of MATOYORS companies.
Diego Monje Coccolo
CEO, Cactus Music
Universal Music Group's recent acquisition of Downtown is big blowback and a sharp knife cut to the independent music eco-system in Europe and especially in the Balkans. As indeoendent record labels and music distributors, we are loosing major ground and music scene has been easly manipulated by the majors. This acquisition and harsh move is a prime example of how independent record labels musicians and distributors are driven into much tougher conditions and left out of the eco-system not being able to compete. It's a big fish eating the small fish story as usual and we need to stop this repeating relentless attempts towards the creation of a bigger monopolitic sector by Universal Music Group.
Engin Akinci
General Manager, Zoom Music & Management
Universal Music Group's recent acquisition of Downtown is big blowback and a sharp knife cut to the independent music eco-system in Europe and especially in the Balkans. As indeoendent record labels and music distributors, we are loosing major ground and music scene has been easly manipulated by the majors. This acquisition and harsh move is a prime example of how independent record labels musicians and distributors are driven into much tougher conditions and left out of the eco-system not being able to compete. It's a big fish eating the small fish story as usual and we need to stop this repeating relentless attempts towards the creation of a bigger monopolitic sector by Universal Music Group.
Engin Akinci
General Manager, Zoom Music & Management
The less companies there are the more dependent artists, retailers get. To have a strong economic sector you need a differentiated landscape of companies. The creative sector is mainly based on small and middle enterprises, if there is one huge player and all the others are little, there won't be a saine sector as the little ones will soon close or will need state subventions to survive (see film and games sector).
Ester Petri
Carus-Verlag
The less companies there are the more dependent artists, retailers get. To have a strong economic sector you need a differentiated landscape of companies. The creative sector is mainly based on small and middle enterprises, if there is one huge player and all the others are little, there won't be a saine sector as the little ones will soon close or will need state subventions to survive (see film and games sector).
Ester Petri
Carus-Verlag
It will become even harder for small territories (such as Switzerland) to have music exported, and to gain visibility through streaming platforms.
Fabienne Schmuki
Irascible Music
It will become even harder for small territories (such as Switzerland) to have music exported, and to gain visibility through streaming platforms.
Fabienne Schmuki
Irascible Music
There's already a too strong monopoly from major labels in the music industrie. It will be even more difficult or mostly impossible to uphold alternative structures.
Flavian Graber
Spectacular Spectacular
There's already a too strong monopoly from major labels in the music industrie. It will be even more difficult or mostly impossible to uphold alternative structures.
Flavian Graber
Spectacular Spectacular
The real threat lies in majors systematically acquiring the distributors and service providers that independents rely on. This wave of acquisitions eliminates competitors, reduces options for labels and artists, and concentrates critical data and royalty systems in the hands of a few dominant players. By reinforcing the ‘super-major’ model, these deals drive up costs, undermine fair competition, and endanger cultural diversity and the long-term sustainability of local music ecosystems in Chile, Latin America, and beyond.
Francisca Sandoval
IMICHILE
The real threat lies in majors systematically acquiring the distributors and service providers that independents rely on. This wave of acquisitions eliminates competitors, reduces options for labels and artists, and concentrates critical data and royalty systems in the hands of a few dominant players. By reinforcing the ‘super-major’ model, these deals drive up costs, undermine fair competition, and endanger cultural diversity and the long-term sustainability of local music ecosystems in Chile, Latin America, and beyond.
Francisca Sandoval
IMICHILE
The only outcome must be blocking the deal. Downtown Music is a key player for independents. Its takeover by UMG would give the world’s largest music company unprecedented control over a significant route to market through which independent artists and labels reach their audiences.
Geert De Blaere
N.E.W.S., BIMA
The only outcome must be blocking the deal. Downtown Music is a key player for independents. Its takeover by UMG would give the world’s largest music company unprecedented control over a significant route to market through which independent artists and labels reach their audiences.
Geert De Blaere
N.E.W.S., BIMA
Universal's acquisition of Downtown would further consolidate Universal's monopoly position and further increase Universal's influence on platforms like Spotify, further weakening the competitiveness of independent music companies. Furthermore, the acquisition of Downtown would give Universal access to confidential artist data, thus gaining information through the back door that would give it a competitive advantage over rival companies.
German music company
Universal's acquisition of Downtown would further consolidate Universal's monopoly position and further increase Universal's influence on platforms like Spotify, further weakening the competitiveness of independent music companies. Furthermore, the acquisition of Downtown would give Universal access to confidential artist data, thus gaining information through the back door that would give it a competitive advantage over rival companies.
German music company
Through the acquisition of Curve, Universal will be in the unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal will control market access for independent music companies.
German record label
Through the acquisition of Curve, Universal will be in the unprecedented position of access to very specific market data of independent competitors. With the recorded music market’s growth currently slowing Universal will not hesitate to make the most of this data, i.e. signing successful indie artists, identifying trends and grading rival companies according to their revenue. Ultimately, through the acquisition, Universal will control market access for independent music companies.
German record label
"As an independent label, we view Universal’s planned takeover with deep concern. It accelerates the monopolisation of the music market and threatens both competition and artistic diversity. When essential infrastructures such as distribution and rights management lie in the hands of a few large corporations, independent players lose vital room for manoeuvre. Of particular concern is Universal’s access to sensitive data on artists, distribution and market trends, which until now has been managed fairly and independently. This concentration of data power reinforces Universal’s role as gatekeeper and makes it harder for smaller labels and artists to access markets and platforms. We also fear that concentrated control will restrict choice in digital distribution. This risks disadvantaging independent creators and undermining cultural diversity. Our goal remains to protect innovation, diversity and fair opportunities for all artists."
German record label
"As an independent label, we view Universal’s planned takeover with deep concern. It accelerates the monopolisation of the music market and threatens both competition and artistic diversity. When essential infrastructures such as distribution and rights management lie in the hands of a few large corporations, independent players lose vital room for manoeuvre. Of particular concern is Universal’s access to sensitive data on artists, distribution and market trends, which until now has been managed fairly and independently. This concentration of data power reinforces Universal’s role as gatekeeper and makes it harder for smaller labels and artists to access markets and platforms. We also fear that concentrated control will restrict choice in digital distribution. This risks disadvantaging independent creators and undermining cultural diversity. Our goal remains to protect innovation, diversity and fair opportunities for all artists."
German record label
Among all the consequences that UMG's acquisition of Downtown could generate, the most worrying is the consolidation of the link between the major label and digital platforms. We have recently seen how Universal was able to design, almost unilaterally, the remuneration model for DSPs which, despite their critical size, can only yield to its power and the importance of its catalogs. Its CEO, Lucian Grainge, has openly acknowledged this in his public statements: artist-centric and streaming 2.0 are concepts that he himself has shaped and which we know are aimed at increasing his market share, which has recently been undermined by the diversity and vitality of independent creation. The recent acquisition of numerous independent distributors responds to several challenges: removing competitors from the market, achieving a level of concentration that gives it increasing control over platform choices and, ultimately, promoting the concentration of revenues around a handful of artists, a phenomenon already observable today. The new challenges of concentration no longer relate to the ability of all players to access the market (theoretically, anyone can publish their music on the platforms), but to their ability to emerge from too abondant a supply and generate significant income. However, the concentration of income resulting from agreements between UMG and the major DSPs on the remuneration model means that artists and producers who live in the independent ecosystem are unable to make a decent living from music and continue to invest in new music. The disparity between situations must be reduced and the diversity of economic models preserved.
Guilhem Cottet
UPFI
Among all the consequences that UMG's acquisition of Downtown could generate, the most worrying is the consolidation of the link between the major label and digital platforms. We have recently seen how Universal was able to design, almost unilaterally, the remuneration model for DSPs which, despite their critical size, can only yield to its power and the importance of its catalogs. Its CEO, Lucian Grainge, has openly acknowledged this in his public statements: artist-centric and streaming 2.0 are concepts that he himself has shaped and which we know are aimed at increasing his market share, which has recently been undermined by the diversity and vitality of independent creation. The recent acquisition of numerous independent distributors responds to several challenges: removing competitors from the market, achieving a level of concentration that gives it increasing control over platform choices and, ultimately, promoting the concentration of revenues around a handful of artists, a phenomenon already observable today. The new challenges of concentration no longer relate to the ability of all players to access the market (theoretically, anyone can publish their music on the platforms), but to their ability to emerge from too abondant a supply and generate significant income. However, the concentration of income resulting from agreements between UMG and the major DSPs on the remuneration model means that artists and producers who live in the independent ecosystem are unable to make a decent living from music and continue to invest in new music. The disparity between situations must be reduced and the diversity of economic models preserved.
Guilhem Cottet
UPFI
It’s not so much the specific deal that concerns me. It’s the numerous deals sweeping up the independent sector over recent years. And the cheek of these companies to use the name ‘independent’ ad nauseum. Owned by the largest MAJOR in the world and still claiming to be independent!? We are rapidly seeing the consumption of the true independent world. Making it harder for us to compete when signing artists and when trying to take them to the wider world.
Harvey Saward
Director, Remote Control Records
It’s not so much the specific deal that concerns me. It’s the numerous deals sweeping up the independent sector over recent years. And the cheek of these companies to use the name ‘independent’ ad nauseum. Owned by the largest MAJOR in the world and still claiming to be independent!? We are rapidly seeing the consumption of the true independent world. Making it harder for us to compete when signing artists and when trying to take them to the wider world.
Harvey Saward
Director, Remote Control Records
If Universal acquires Downtown, it will own a vast catalog of data from independent artists and labels, as they have been using Downtown's accounting systems to date. We do not want this data to be in the hands of major labels. The conditions for smaller labels could deteriorate; with greater market power, Universal could have even more influence on streaming services and, for example, increase Spotify's 1,000 stream limit to 5,000 or even more, which would affect the payment threshold for smaller artists and labels in such a way that the money would mainly go to the big players.
Henrietta Bauer
Bretford Records
If Universal acquires Downtown, it will own a vast catalog of data from independent artists and labels, as they have been using Downtown's accounting systems to date. We do not want this data to be in the hands of major labels. The conditions for smaller labels could deteriorate; with greater market power, Universal could have even more influence on streaming services and, for example, increase Spotify's 1,000 stream limit to 5,000 or even more, which would affect the payment threshold for smaller artists and labels in such a way that the money would mainly go to the big players.
Henrietta Bauer
Bretford Records
As an independent label based in Varna, Bulgaria, we are deeply concerned about the potential consequences of the UMG/Downtown deal. Independent companies like ours are already operating in a fragile ecosystem, where access to fair distribution, visibility on digital platforms, and negotiating power are limited. If UMG strengthens its grip through this acquisition, the competitive landscape will become even more one-sided. This will not only reduce diversity in the music market but will also make it harder for local voices and emerging talents from countries like Bulgaria to be heard internationally. We believe the deal should be blocked, as it undermines cultural diversity and fair competition, especially in markets where independent infrastructure is still developing.
Independent Bulgarian music company
As an independent label based in Varna, Bulgaria, we are deeply concerned about the potential consequences of the UMG/Downtown deal. Independent companies like ours are already operating in a fragile ecosystem, where access to fair distribution, visibility on digital platforms, and negotiating power are limited. If UMG strengthens its grip through this acquisition, the competitive landscape will become even more one-sided. This will not only reduce diversity in the music market but will also make it harder for local voices and emerging talents from countries like Bulgaria to be heard internationally. We believe the deal should be blocked, as it undermines cultural diversity and fair competition, especially in markets where independent infrastructure is still developing.
Independent Bulgarian music company
As an independent label, we oppose the UMG/Downtown deal because it concentrates too much power in the hands of a major. Beyond the general threat to competition and diversity, this deal is especially damaging because Downtown’s sub-companies like Curve handle sensitive financial and operational data for many independents. If UMG gains access to these insights, a major corporation will have unprecedented visibility into the inner workings of its competitors, creating a huge imbalance and undermining trust. This deal threatens the independent sector by limiting competition, reducing diversity, and weakening the ability of small labels to negotiate fair terms with distributors, DSPs, and other partners. Independent labels are built on fairness, creativity, and artist-focused growth. Allowing UMG to control such infrastructure will weaken independents, limit artist choice, and reduce cultural diversity. For the health of the sector, this deal must be blocked.
Independent German music company owner
As an independent label, we oppose the UMG/Downtown deal because it concentrates too much power in the hands of a major. Beyond the general threat to competition and diversity, this deal is especially damaging because Downtown’s sub-companies like Curve handle sensitive financial and operational data for many independents. If UMG gains access to these insights, a major corporation will have unprecedented visibility into the inner workings of its competitors, creating a huge imbalance and undermining trust. This deal threatens the independent sector by limiting competition, reducing diversity, and weakening the ability of small labels to negotiate fair terms with distributors, DSPs, and other partners. Independent labels are built on fairness, creativity, and artist-focused growth. Allowing UMG to control such infrastructure will weaken independents, limit artist choice, and reduce cultural diversity. For the health of the sector, this deal must be blocked.
Independent German music company owner
The UMG/Downtown deal is worrying because it puts even more pressure in the independent sector and creates an unfair imbalance of power which will be allocated to the biggest label in the world. We rely on diversity and flexibility and this move risks fair competition in the market. As an independent musician, I see this as a direct threat for young, up and coming artists to build a sustainable career. If catalog management and distribution fall further under UMG control, access to licensing, platform visibility, and fair revenue splits will become even harder. In an already saturated streaming market, this pushes independents further to the margins. In the long run, even without signing to a major, we risk being dependent on them for distribution, royalties, or publishing networks. That narrows the options, stifles innovation, and weakens cultural diversity. Protecting independence is essential, not just for fairness, but to keep music’s creative ecosystems alive.
Independent Portuguese musician
The UMG/Downtown deal is worrying because it puts even more pressure in the independent sector and creates an unfair imbalance of power which will be allocated to the biggest label in the world. We rely on diversity and flexibility and this move risks fair competition in the market. As an independent musician, I see this as a direct threat for young, up and coming artists to build a sustainable career. If catalog management and distribution fall further under UMG control, access to licensing, platform visibility, and fair revenue splits will become even harder. In an already saturated streaming market, this pushes independents further to the margins. In the long run, even without signing to a major, we risk being dependent on them for distribution, royalties, or publishing networks. That narrows the options, stifles innovation, and weakens cultural diversity. Protecting independence is essential, not just for fairness, but to keep music’s creative ecosystems alive.
Independent Portuguese musician
Playground Music Scandinavia operates across Sweden, Denmark, Norway, Finland, and Estonia, signing and developing local artists as well as offering distribution and support services to local and international labels. The UMG/Downtown deal would widen the gulf between the majors and independent actors, enhancing UMG’s concentration in the market where we should be looking to ensure a more balanced and competitive music market benefiting artists and innovation. This consolidation is yet another step towards oligopoly and threatens the independent sector’s ability to compete, innovate, and support diverse music across Europe. The deal should be blocked.
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
Playground Music Scandinavia operates across Sweden, Denmark, Norway, Finland, and Estonia, signing and developing local artists as well as offering distribution and support services to local and international labels. The UMG/Downtown deal would widen the gulf between the majors and independent actors, enhancing UMG’s concentration in the market where we should be looking to ensure a more balanced and competitive music market benefiting artists and innovation. This consolidation is yet another step towards oligopoly and threatens the independent sector’s ability to compete, innovate, and support diverse music across Europe. The deal should be blocked.
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
Diversity is what makes music thrive. Just like in our society, the most beautiful thing is when many different voices, ideas, and perspectives can exist side by side and influence each other. That's how we grow. When this diversity shrinks, it's not only the independent scene that suffers, but also the creativity that enriches our entire world. That's why I hope decisions in our industry will always be made with diversity in mind, so that art remains open, colorful, and alive in the long run.
Julian Scheufler
Südpark Studio
Diversity is what makes music thrive. Just like in our society, the most beautiful thing is when many different voices, ideas, and perspectives can exist side by side and influence each other. That's how we grow. When this diversity shrinks, it's not only the independent scene that suffers, but also the creativity that enriches our entire world. That's why I hope decisions in our industry will always be made with diversity in mind, so that art remains open, colorful, and alive in the long run.
Julian Scheufler
Südpark Studio
Big companies are important and all independent businesses deserve options when they want to exit. We just need to also make sure those who are starting out or who decide to remain independent can operate in a healthy market without oversized rivals. That’s why this acquisition matters and why I am urging regulators to block this.
Kees van Weijen
Managing Director, HIT4US Entertainment
Big companies are important and all independent businesses deserve options when they want to exit. We just need to also make sure those who are starting out or who decide to remain independent can operate in a healthy market without oversized rivals. That’s why this acquisition matters and why I am urging regulators to block this.
Kees van Weijen
Managing Director, HIT4US Entertainment
Artists and record companies need an open and diverse infrastructure to thrive. Allowing UMG to absorb a major independent player would push the industry closer to a two-tier system where market power—not creativity—determines who gets seen and heard. In Norway, we’ve long faced an overwhelming concentration of market power in the hands of the three major companies — and as their dominance grows, the share of independent repertoire continues to decline. This merger risks stripping indie labels and artists of their autonomy, concentrating control over distribution, skewing negotiations with streaming platforms, and giving UMG privileged access to critical market data. Independent music has proven its strength, innovation, and cultural value — but it can only survive if competition remains fair. Every new consolidation tilts the playing field further, shrinking the space where indie label and indie artist-led models can grow. For the health of Europe’s music ecosystem, and to protect diversity, innovation, and fair competition, the UMG/Downtown deal must be stopped.
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
Artists and record companies need an open and diverse infrastructure to thrive. Allowing UMG to absorb a major independent player would push the industry closer to a two-tier system where market power—not creativity—determines who gets seen and heard. In Norway, we’ve long faced an overwhelming concentration of market power in the hands of the three major companies — and as their dominance grows, the share of independent repertoire continues to decline. This merger risks stripping indie labels and artists of their autonomy, concentrating control over distribution, skewing negotiations with streaming platforms, and giving UMG privileged access to critical market data. Independent music has proven its strength, innovation, and cultural value — but it can only survive if competition remains fair. Every new consolidation tilts the playing field further, shrinking the space where indie label and indie artist-led models can grow. For the health of Europe’s music ecosystem, and to protect diversity, innovation, and fair competition, the UMG/Downtown deal must be stopped.
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
This deal with narrow our chances of getting recognized as a small business in this marketplace. Thus reducing the avenues of which I get my independent artists recognition on digital sites and physical record stores.
Lio Kanine
Co-owner, Kanine Records
This deal with narrow our chances of getting recognized as a small business in this marketplace. Thus reducing the avenues of which I get my independent artists recognition on digital sites and physical record stores.
Lio Kanine
Co-owner, Kanine Records
I am writing to you as the General Manager of Entrebotones, S.L., an independent label based in Spain that has been active for 13 years. We currently work with 56 artists and manage a catalog of more than 300 works distributed on digital platforms worldwide. Our company is directly dependent on the distribution and administration services provided by Downtown/FUGA, which constitute a fundamental pillar of our business model. In our opinion, the proposed transaction by Universal Music Group (UMG) to acquire Downtown poses the following risks: Loss of neutrality of essential services. Downtown/FUGA currently acts as an independent provider. In the hands of UMG, there is a clear incentive to prioritize its own catalogs and limit the access of labels like ours to distribution agreements on an equal footing. Improper access to sensitive data. Downtown handles detailed information about our revenue, negotiations with platforms, and consumer data. The transfer of this information to a dominant competitor would pose a serious competitive disadvantage. Reduced real options for artists and labels. Consolidation eliminates a key independent partner in the ecosystem and reinforces concentration around the three major groups. This would translate into more restrictive commercial conditions and a reduced ability to support emerging and niche artists. Cultural impact and diversity. Labels like ours fuel the local scene and alternative styles that find it difficult to find support in the majors. The weakening of the independent network will directly affect the musical diversity available to European consumers. For these reasons, we respectfully request that the Commission block this transaction or, failing that, impose strict structural and behavioral remedies that guarantee service neutrality, the protection of sensitive commercial data, and equal access for independent labels to the digital value chain.
Maria Inés Collarte Centeno
General Manager, Entrebotones
I am writing to you as the General Manager of Entrebotones, S.L., an independent label based in Spain that has been active for 13 years. We currently work with 56 artists and manage a catalog of more than 300 works distributed on digital platforms worldwide. Our company is directly dependent on the distribution and administration services provided by Downtown/FUGA, which constitute a fundamental pillar of our business model. In our opinion, the proposed transaction by Universal Music Group (UMG) to acquire Downtown poses the following risks: Loss of neutrality of essential services. Downtown/FUGA currently acts as an independent provider. In the hands of UMG, there is a clear incentive to prioritize its own catalogs and limit the access of labels like ours to distribution agreements on an equal footing. Improper access to sensitive data. Downtown handles detailed information about our revenue, negotiations with platforms, and consumer data. The transfer of this information to a dominant competitor would pose a serious competitive disadvantage. Reduced real options for artists and labels. Consolidation eliminates a key independent partner in the ecosystem and reinforces concentration around the three major groups. This would translate into more restrictive commercial conditions and a reduced ability to support emerging and niche artists. Cultural impact and diversity. Labels like ours fuel the local scene and alternative styles that find it difficult to find support in the majors. The weakening of the independent network will directly affect the musical diversity available to European consumers. For these reasons, we respectfully request that the Commission block this transaction or, failing that, impose strict structural and behavioral remedies that guarantee service neutrality, the protection of sensitive commercial data, and equal access for independent labels to the digital value chain.
Maria Inés Collarte Centeno
General Manager, Entrebotones
Curve coming under the control of Universal will remove one of the few choices we have in relation to royalty accounting and copyright management software. It will generally further increase the leverage Universal already has and uses for its own benefit only on streaming services.
Mark Chung
VUT board member and musician
Curve coming under the control of Universal will remove one of the few choices we have in relation to royalty accounting and copyright management software. It will generally further increase the leverage Universal already has and uses for its own benefit only on streaming services.
Mark Chung
VUT board member and musician
The music market has a fundamental monopolization problem. We are confronted with market distortion due to unrestrained market dominance on three levels: The aspect that our music is a cultural asset that should be accessible to all consumers sets the stage for a notorious under-regulation—lawmakers tend to prioritize consumer interests over intellectual property rights in the name of the common good, while regularly overlooking the fact that consumer interests in the platform economy are almost exclusively redefined as the particular economic interests of service providers. These service providers, in turn, are usually part of super-cartels that dominate not only their specific market segment, but also a network of forward- and backward-integrated neighboring markets where they do not have to generate added value with music. Music has gone from being a tradeable product to mere content that provides the basis for value creation in other markets (such as advertising, device sales, etc.) without being adequately exploited itself. If, in this setting, the rights holders of content also form integrated monopolies, this problem is further worsened. We have already seen unfair, non-transparent deals between service providers and major rights holders in the past. The fact that Tencent, a Chinese internet company, already holds a 20% stake in UMG highlights the danger that, in the music trade, the interests of both sides of the negotiating table are increasingly shifting away from fair remuneration and toward the cheapest possible availability of content. For the sake of a free and sustainable market, this kind of disruption must be curbed.
Markus Rennhack
Kick The Flame Publishing
The music market has a fundamental monopolization problem. We are confronted with market distortion due to unrestrained market dominance on three levels: The aspect that our music is a cultural asset that should be accessible to all consumers sets the stage for a notorious under-regulation—lawmakers tend to prioritize consumer interests over intellectual property rights in the name of the common good, while regularly overlooking the fact that consumer interests in the platform economy are almost exclusively redefined as the particular economic interests of service providers. These service providers, in turn, are usually part of super-cartels that dominate not only their specific market segment, but also a network of forward- and backward-integrated neighboring markets where they do not have to generate added value with music. Music has gone from being a tradeable product to mere content that provides the basis for value creation in other markets (such as advertising, device sales, etc.) without being adequately exploited itself. If, in this setting, the rights holders of content also form integrated monopolies, this problem is further worsened. We have already seen unfair, non-transparent deals between service providers and major rights holders in the past. The fact that Tencent, a Chinese internet company, already holds a 20% stake in UMG highlights the danger that, in the music trade, the interests of both sides of the negotiating table are increasingly shifting away from fair remuneration and toward the cheapest possible availability of content. For the sake of a free and sustainable market, this kind of disruption must be curbed.
Markus Rennhack
Kick The Flame Publishing
We use Curve for accounting, which means Universal will have access to our data. They may also use Curve to incentivise us to move to major distribution. Increased market share means increased leverage.
Martin Goldschmidt
Cooking Vinyl
We use Curve for accounting, which means Universal will have access to our data. They may also use Curve to incentivise us to move to major distribution. Increased market share means increased leverage.
Martin Goldschmidt
Cooking Vinyl
I think the big danger is the market concentration and that Universal now have access to the statistics of their compeditors, and also that the majors' outsized domination in digital distribution gets even bigger.
Mats Hammerman
Massproduktion
I think the big danger is the market concentration and that Universal now have access to the statistics of their compeditors, and also that the majors' outsized domination in digital distribution gets even bigger.
Mats Hammerman
Massproduktion
There are already so few large publishing companies
MD of British record label
There are already so few large publishing companies
MD of British record label
The UMG takeover of Downtown Music Holdings will increase market consolidation in a way that will negatively impact the independent music scene. Players such as FUGA and Curve play a vital role for independent artists and labels. Placing these in the hands of the largest music company in the world will almost certainly stop them from operating freely, not to mention the inevitable job losses and cuts that will arise as the companies are absorbed into the UMG cosmos.
Neil Grant
Neil Grant Media & Promotion
The UMG takeover of Downtown Music Holdings will increase market consolidation in a way that will negatively impact the independent music scene. Players such as FUGA and Curve play a vital role for independent artists and labels. Placing these in the hands of the largest music company in the world will almost certainly stop them from operating freely, not to mention the inevitable job losses and cuts that will arise as the companies are absorbed into the UMG cosmos.
Neil Grant
Neil Grant Media & Promotion
I think the independant artist requires all the help and assistance possible and turning this area of the music industry into a virtual monopoly creates an unhealthy situation where we are essentially at the whim of the major competitor.
Nicky Bomba
Owner, Transmitter Records
I think the independant artist requires all the help and assistance possible and turning this area of the music industry into a virtual monopoly creates an unhealthy situation where we are essentially at the whim of the major competitor.
Nicky Bomba
Owner, Transmitter Records
We are a small, MERLIN-member independent distribution company, providing distribution to over 300 artist clients from Portugal and other countries, working on behalf of musical diversity and European export via digital pitching, marketing and internationalization efforts that were non-existent in Portugal prior to 2019 - there were no Portuguese digital distributors. In order to avoid our Masters, metadata and artist client financials ending up with a Universal owned company, we have had to switch digital backoffice operations away from FUGA, which took us months to do and FUGA have billed us transfer fees and extra months. This is an unexpected charge we were not expecting and a real threat to our business. We are, of course, not alone: The domino effect or fallout from the Universal- Downtown deal is being felt across Europe, we know of many other companies that have not yet been so proactive in switching providers in the hopes that the deal is blocked. If it isn’t, it effectively will mean that the independent digital path to market would be severely compromised across Europe which is completely unacceptable. Even so, if FUGA does not lift these undue charges, we have a real problem either way.
Nuno Saraiva
Mermaids & Albatrosses Lda.
We are a small, MERLIN-member independent distribution company, providing distribution to over 300 artist clients from Portugal and other countries, working on behalf of musical diversity and European export via digital pitching, marketing and internationalization efforts that were non-existent in Portugal prior to 2019 - there were no Portuguese digital distributors. In order to avoid our Masters, metadata and artist client financials ending up with a Universal owned company, we have had to switch digital backoffice operations away from FUGA, which took us months to do and FUGA have billed us transfer fees and extra months. This is an unexpected charge we were not expecting and a real threat to our business. We are, of course, not alone: The domino effect or fallout from the Universal- Downtown deal is being felt across Europe, we know of many other companies that have not yet been so proactive in switching providers in the hopes that the deal is blocked. If it isn’t, it effectively will mean that the independent digital path to market would be severely compromised across Europe which is completely unacceptable. Even so, if FUGA does not lift these undue charges, we have a real problem either way.
Nuno Saraiva
Mermaids & Albatrosses Lda.
The concentration of music industry firms is leading rapidly to a hold-up for every artist. Revenues are already stolen by streaming services, and major industry players don't care, as they get the main share anyway.
Peter Bonne
CEO, Chayell
The concentration of music industry firms is leading rapidly to a hold-up for every artist. Revenues are already stolen by streaming services, and major industry players don't care, as they get the main share anyway.
Peter Bonne
CEO, Chayell
The world needs diversity, and that's also true in the music industry. When a few big players divide up the music world, diversity suffers. The independent industry has a proven track record of building up newcomers, and without a suitable foundation, this will become increasingly difficult. In the worst case scenario, a few large companies will decide who succeeds and who fails. This must not happen, as it will cause lasting damage to the music world.
Polish music company
The world needs diversity, and that's also true in the music industry. When a few big players divide up the music world, diversity suffers. The independent industry has a proven track record of building up newcomers, and without a suitable foundation, this will become increasingly difficult. In the worst case scenario, a few large companies will decide who succeeds and who fails. This must not happen, as it will cause lasting damage to the music world.
Polish music company
You know, this whole UMG wanna buy Downtown thing, it not look so nice for everyone. Big problem is, UMG already the biggest fish in music, ja? And now they also get Downtown, who is working with so many other labels, indie guys, small artists. Means UMG can maybe see all the sensitive data, who release what, where the money go. That’s dangerous, ‘cause they can use it for themself and push the competition down. Also, it make the market too much concentrated. Already it’s hard for small labels and musicians to get fair chance, now with Downtown inside UMG, it’s like one big monopoly vibe. Many people in Europe, they say this takeover kills diversity, less voices, less independence. In the end, more power for UMG, less freedom for everyone else. And they talk nice, “oh, we help indies, we make bigger platform.” But come on, sounds more like marketing? At the street level, small players will get squeezed.
Rainer Scheerer
CEO, Springstoff
You know, this whole UMG wanna buy Downtown thing, it not look so nice for everyone. Big problem is, UMG already the biggest fish in music, ja? And now they also get Downtown, who is working with so many other labels, indie guys, small artists. Means UMG can maybe see all the sensitive data, who release what, where the money go. That’s dangerous, ‘cause they can use it for themself and push the competition down. Also, it make the market too much concentrated. Already it’s hard for small labels and musicians to get fair chance, now with Downtown inside UMG, it’s like one big monopoly vibe. Many people in Europe, they say this takeover kills diversity, less voices, less independence. In the end, more power for UMG, less freedom for everyone else. And they talk nice, “oh, we help indies, we make bigger platform.” But come on, sounds more like marketing? At the street level, small players will get squeezed.
Rainer Scheerer
CEO, Springstoff
The deal could undermine the vitality of the independent music sector by cutting off essential services, such as royalty management and distribution platforms, that the independent music community relies on. The world's largest music company, Universal, will gain too much power and control over the music ecosystem.
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
The deal could undermine the vitality of the independent music sector by cutting off essential services, such as royalty management and distribution platforms, that the independent music community relies on. The world's largest music company, Universal, will gain too much power and control over the music ecosystem.
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
This deal would lead to more monopolism, making it even more difficult for independent record companies to stand out. We need to ensure that independent music gets recognized by the end consumer.
Robby Beyer
Supreme Chaos Records
This deal would lead to more monopolism, making it even more difficult for independent record companies to stand out. We need to ensure that independent music gets recognized by the end consumer.
Robby Beyer
Supreme Chaos Records
Too much concentration of power
Salvo Voucher
Label Manager, Escudero Records
Too much concentration of power
Salvo Voucher
Label Manager, Escudero Records
Universal has proven many times it can be a constructive partner for music, but the challenge for us all is to boost diversity. Concentration does the opposite of boosting diversity, because it weakens the entire independent ecosystem.
Stephan Bourdoiseau
President, Wagram Stories
Universal has proven many times it can be a constructive partner for music, but the challenge for us all is to boost diversity. Concentration does the opposite of boosting diversity, because it weakens the entire independent ecosystem.
Stephan Bourdoiseau
President, Wagram Stories
All past deals involving major labels have ultimately resulted in artists and rights holders receiving less in the long run. They also make it even harder for us as a small label to assert our rights and negotiate fair agreements. This is especially problematic in niche markets, where it is crucial that the diversity of cultures is reflected in the music offered on digital services. The centralization of power—which already heavily exists with global streaming services—only increases the risk of smaller players disappearing altogether. On top of that, here in Europe we are making ourselves even more dependent on large American corporations, and I believe this is just about the worst possible moment to do so.
Swiss record label
All past deals involving major labels have ultimately resulted in artists and rights holders receiving less in the long run. They also make it even harder for us as a small label to assert our rights and negotiate fair agreements. This is especially problematic in niche markets, where it is crucial that the diversity of cultures is reflected in the music offered on digital services. The centralization of power—which already heavily exists with global streaming services—only increases the risk of smaller players disappearing altogether. On top of that, here in Europe we are making ourselves even more dependent on large American corporations, and I believe this is just about the worst possible moment to do so.
Swiss record label
I speak as a VUT board member and treasurer of 31 years of board membership whose employer is a concert promoter who is not a member of VUT. Indies have always had the function of developing artists with the successful acts being signed away to Major record companies. Artists like Einstürzende Neubauten have proven that you can make a living from being an indie artists throughout their career. However the majority of successful artists did sign to a major at some stage. This scheme did work out though for both indies and majors for decades and indies managed to gain 1/3 of worldwide sales. Starting with the acquisition of PIAS and now Downtown this system is likely to collapse because the Indie ecosystem will be seriously harmed through UMGs bargaining power. The most important problem will be the leverage of majors while negotiating with Spotify and Apple. I spent three years as Director Controlling with Germany´s largest independent publisher Budde Music. Budde administers Downtown´s publishing catalogues in Europe and Downtown´s subsidiary Songtrust represents Budde´s large publishing cataloge in the US. I expect UMG to terminate the administration deal with Budde at some point and absorb Downtown´s catalogues into Univeral Music Publishing. This will mean that Budde will loose the substantial income from the administration fees. Universal Music Publishing will certainly absorb the Songtrust business into their network to generate economies of scale. Songtrust will probably continue to operate under their name, but the data processing will be handled by Universal Music Publishing at some point. The disadvantage for writers, composers and publishers will be the fact that they will suffer from the intensive and dedicated work on the copyrights as it is currently performed by Songtrust and Budde. UMP do not have time for queries and claims, when something went wrong in the data processing at UMP or GEMA and other societies or streaming providers. Artists, composers, writers and smaller publishers represented by Budde and Songtrust will loose out.
Thomas Zimmermann
Board member & Treasurer, VUT
I speak as a VUT board member and treasurer of 31 years of board membership whose employer is a concert promoter who is not a member of VUT. Indies have always had the function of developing artists with the successful acts being signed away to Major record companies. Artists like Einstürzende Neubauten have proven that you can make a living from being an indie artists throughout their career. However the majority of successful artists did sign to a major at some stage. This scheme did work out though for both indies and majors for decades and indies managed to gain 1/3 of worldwide sales. Starting with the acquisition of PIAS and now Downtown this system is likely to collapse because the Indie ecosystem will be seriously harmed through UMGs bargaining power. The most important problem will be the leverage of majors while negotiating with Spotify and Apple. I spent three years as Director Controlling with Germany´s largest independent publisher Budde Music. Budde administers Downtown´s publishing catalogues in Europe and Downtown´s subsidiary Songtrust represents Budde´s large publishing cataloge in the US. I expect UMG to terminate the administration deal with Budde at some point and absorb Downtown´s catalogues into Univeral Music Publishing. This will mean that Budde will loose the substantial income from the administration fees. Universal Music Publishing will certainly absorb the Songtrust business into their network to generate economies of scale. Songtrust will probably continue to operate under their name, but the data processing will be handled by Universal Music Publishing at some point. The disadvantage for writers, composers and publishers will be the fact that they will suffer from the intensive and dedicated work on the copyrights as it is currently performed by Songtrust and Budde. UMP do not have time for queries and claims, when something went wrong in the data processing at UMP or GEMA and other societies or streaming providers. Artists, composers, writers and smaller publishers represented by Budde and Songtrust will loose out.
Thomas Zimmermann
Board member & Treasurer, VUT
As a founder of, an indie music label built from the ground up to champion UK talent, I oppose the UMG/Downtown deal. We rely on fair access to distribution and services to compete, nurture artists, and keep creative control. This deal concentrates power, limits opportunities for independents, and risks silencing the diverse voices we fight to amplify. Blocking it protects a fair, thriving music ecosystem.
Toby Egekwu
Manager & Co-founder, Finesse Foreva
As a founder of, an indie music label built from the ground up to champion UK talent, I oppose the UMG/Downtown deal. We rely on fair access to distribution and services to compete, nurture artists, and keep creative control. This deal concentrates power, limits opportunities for independents, and risks silencing the diverse voices we fight to amplify. Blocking it protects a fair, thriving music ecosystem.
Toby Egekwu
Manager & Co-founder, Finesse Foreva
Concentrating market share is always difficult, especially in the current market situation. This leads to the concentration of the majors in retail and, above all, in media. For indies, there are hardly any more opportunities to appear in the media with their artists.
Volker Sonntag
TAG-7
Concentrating market share is always difficult, especially in the current market situation. This leads to the concentration of the majors in retail and, above all, in media. For indies, there are hardly any more opportunities to appear in the media with their artists.
Volker Sonntag
TAG-7
We are very concerned about a possible step towards further concentration in a market already dominated by the major companies.
Yannick Matray
Director, InFiné
We are very concerned about a possible step towards further concentration in a market already dominated by the major companies.
Yannick Matray
Director, InFiné
SIGNATORIES
As an independent community, we stand together to block this deal.
Voices standing with us:
1
Allen Kovac
Chairman, Better Noise
2
ARTNAT
3
Dan Waite
CEO, Better Noise
4
German record label
5
Charles Caldas and team
Exceleration Music
6
Brigitte Matula
Professional representation in the Austrian film and music industry
7
Swiss record label
8
Guilhem Cottet
UPFI
9
Christian Mueller
Founder, SPOZZ.club
10
Tomas Rimeika Karlsson
Rimeika retorik
11
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
12
Nacho García Vega
President , International Artist Organisation
13
Toby Egekwu
Manager & Co-founder, Finesse Foreva
14
Co-founder of Scottish music company
15
Portuguese musician
16
Austrian music company
17
Independent Bulgarian music company
18
Bruno Roze
Founder/Artistic Director, I Love You Records
19
Independent German music company owner
20
Austrian music company
21
Samuel Martins Coelho
Samuel Martins Coelho
22
Marciano Cordeiro da Silva
mARCIANO
23
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
24
Bori Koczka
COO, Zeneszoveg.hu // Songbook
25
Nicki Refstrup Bladt
Label Manager, Celebration Records
26
Alison Wenham
COO, Chrysalis Records
27
Swiss music producer
28
Kees van Weijen
Managing Director, HIT4US Entertainment
29
Volker Sonntag
TAG-7
30
Independent German record label
31
Cristián Elena
COSO Records
32
Joachim Irmler
Musician,
33
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
34
Mark Chung
VUT board member and musician
35
Kimberly Balthasar
Grönland Records
36
Julian Scheufler
Südpark Studio
37
Matthias Möbius
Viamas
38
Calvin Johnson
Proprietor, K Records
39
Thomas Franke
T3 Records
40
Maria Inés Collarte Centeno
General Manager, Entrebotones
41
CEO of independent Bulgarian music company
42
Anthony Cruze
ULX Ultraluxe Group
43
Rebecca Knight
Founder , Audiofunk
44
Riku Pääkkönen
Owner, Ranka Kustannus
45
Thomas Zimmermann
Board member & Treasurer, VUT
46
Mats Hammerman
Massproduktion
47
Nicky Bomba
Owner, Transmitter Records
48
Diego Monje Coccolo
CEO, Cactus Music
49
Henrietta Bauer
Bretford Records
50
Henrik Augustin
Co-founder, Villa Management
51
Independent German artist
52
Patrick Tilg
MA, Feber Wolle Records
53
Fabienne Schmuki
Irascible Music
54
CFO of Dutch music company
55
Alan Hauser
Jungle Records
56
Harvey Saward
Director, Remote Control Records
57
Fabio Besomi
Label Manager, il domani
58
Zsolt Jeges
President, Mamazone Records
59
Xavier Collin
Directeur Général, Haute Fidélité
60
Mark Kitcatt
Everlasting Popstock
61
Hannes Tschürtz
Ink Music
62
German record label
63
Lee Jones
CEO, The New Church Records
64
Jörg Heidemann
CEO, VUT (German Independents Association)
65
CEO of Finnish record label
66
Marlon McNeill
Founder, A Tree in a Field Music
67
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
68
Dylan Pellett
General Manager, Independent Music New Zealand
69
David Martin
CEO, Featured Artists' Coalition
70
British music company
71
Catharina Boutari
Head Of Label, Pussy Empire Recordings
72
Gee Davy
CEO, AIM
73
Peter Bonne
CEO, Chayell
74
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
75
Dario Draštata
Executive Director, Dallas Records
76
Ghanaian musician
77
Helen Smith
Executive Chair, IMPALA
78
Ester Petri
Carus-Verlag
79
Eszter Décsy
Corner Art Management & Records
80
CEO of Swedish music company
81
General Manager of Danish music company
82
Markus Rennhack
Kick The Flame Publishing
83
PJ Wassermann
Owner, HyperMusic
84
Geert De Blaere
N.E.W.S., BIMA
85
Eric Longley
Principal, 25 Hour Convenience Store
86
Noemí Planas
CEO, WIN - Worldwide Independent Network
87
British record label
88
Francisca Sandoval
IMICHILE
89
Anton Teichmann
Founder, Mansions and Millions
90
British music company
91
Neil Grant
Neil Grant Media & Promotion
92
Independent Portuguese musician
93
Björn Mathes
Co-Founder / CEO, FerryHouse
94
Mario Rossori
ROSSORI Promotion & Music
95
Polish music company
96
MD of British record label
97
Flavian Graber
Spectacular Spectacular
98
Borja Torres
Co-founder, Lovemonk Discos Buenos
99
Lio Kanine
Co-owner, Kanine Records
100
Robby Beyer
Supreme Chaos Records
101
Alexander Warnke
CEO, PRO Agency
102
Francesca Trainini
Vice President, PMI Italia
103
German record label
104
German musician
105
Salvo Voucher
Label Manager, Escudero Records
106
Tim Clark
Director, Ferva Music
107
Stephan Bourdoiseau
President, Wagram Stories
108
Engin Akinci
General Manager, Zoom Music & Management
109
German music company
110
Nuno Saraiva
Mermaids & Albatrosses Lda.
111
CEO of German music company
112
Martin Mills
Chair, Beggars Group
113
Yannick Matray
Director, InFiné
114
Dennis Dañobeitia
Manager and Owner, CFA
115
CEO of German music company
116
Katja Vauhkonen
Executive Director, Indieco
117
Martin Goldschmidt
Cooking Vinyl
118
Aymeric Genty
CEO, I.O.T Records
119
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
120
Birte Wiemann
Project Manager, Cargo Records Germany
121
Rainer Scheerer
CEO, Springstoff
Allen Kovac
Chairman, Better Noise
ARTNAT
Dan Waite
CEO, Better Noise
German record label
Charles Caldas and team
Exceleration Music
Brigitte Matula
Professional representation in the Austrian film and music industry
Swiss record label
Guilhem Cottet
UPFI
Christian Mueller
Founder, SPOZZ.club
Tomas Rimeika Karlsson
Rimeika retorik
Larry Bringsjord
CEO, FONO (Norwegian Independents Association)
Nacho García Vega
President , International Artist Organisation
Toby Egekwu
Manager & Co-founder, Finesse Foreva
Co-founder of Scottish music company
Portuguese musician
Austrian music company
Independent Bulgarian music company
Bruno Roze
Founder/Artistic Director, I Love You Records
Independent German music company owner
Austrian music company
Samuel Martins Coelho
Samuel Martins Coelho
Marciano Cordeiro da Silva
mARCIANO
Roland Zoltan CSIPAI
CEO & Founder, Zeneszoveg.hu // Songbook
Bori Koczka
COO, Zeneszoveg.hu // Songbook
Nicki Refstrup Bladt
Label Manager, Celebration Records
Alison Wenham
COO, Chrysalis Records
Swiss music producer
Kees van Weijen
Managing Director, HIT4US Entertainment
Volker Sonntag
TAG-7
Independent German record label
Cristián Elena
COSO Records
Joachim Irmler
Musician,
Alexander Hirschenhauser
VTMÖ (Austrian Independents Association)
Mark Chung
VUT board member and musician
Kimberly Balthasar
Grönland Records
Julian Scheufler
Südpark Studio
Matthias Möbius
Viamas
Calvin Johnson
Proprietor, K Records
Thomas Franke
T3 Records
Maria Inés Collarte Centeno
General Manager, Entrebotones
CEO of independent Bulgarian music company
Anthony Cruze
ULX Ultraluxe Group
Rebecca Knight
Founder , Audiofunk
Riku Pääkkönen
Owner, Ranka Kustannus
Thomas Zimmermann
Board member & Treasurer, VUT
Mats Hammerman
Massproduktion
Nicky Bomba
Owner, Transmitter Records
Diego Monje Coccolo
CEO, Cactus Music
Henrietta Bauer
Bretford Records
Henrik Augustin
Co-founder, Villa Management
Independent German artist
Patrick Tilg
MA, Feber Wolle Records
Fabienne Schmuki
Irascible Music
CFO of Dutch music company
Alan Hauser
Jungle Records
Harvey Saward
Director, Remote Control Records
Fabio Besomi
Label Manager, il domani
Zsolt Jeges
President, Mamazone Records
Xavier Collin
Directeur Général, Haute Fidélité
Mark Kitcatt
Everlasting Popstock
Hannes Tschürtz
Ink Music
German record label
Lee Jones
CEO, The New Church Records
Jörg Heidemann
CEO, VUT (German Independents Association)
CEO of Finnish record label
Marlon McNeill
Founder, A Tree in a Field Music
Jonas Sjöström
Chairman, Playground Music Scandinavia AB
Dylan Pellett
General Manager, Independent Music New Zealand
David Martin
CEO, Featured Artists' Coalition
British music company
Catharina Boutari
Head Of Label, Pussy Empire Recordings
Gee Davy
CEO, AIM
Peter Bonne
CEO, Chayell
Reimer Bustorff
CEO, Grand Hotel van Cleef Musik
Dario Draštata
Executive Director, Dallas Records
Ghanaian musician
Helen Smith
Executive Chair, IMPALA
Ester Petri
Carus-Verlag
Eszter Décsy
Corner Art Management & Records
CEO of Swedish music company
General Manager of Danish music company
Markus Rennhack
Kick The Flame Publishing
PJ Wassermann
Owner, HyperMusic
Geert De Blaere
N.E.W.S., BIMA
Eric Longley
Principal, 25 Hour Convenience Store
Noemí Planas
CEO, WIN - Worldwide Independent Network
British record label
Francisca Sandoval
IMICHILE
Anton Teichmann
Founder, Mansions and Millions
British music company
Neil Grant
Neil Grant Media & Promotion
Independent Portuguese musician
Björn Mathes
Co-Founder / CEO, FerryHouse
Mario Rossori
ROSSORI Promotion & Music
Polish music company
MD of British record label
Flavian Graber
Spectacular Spectacular
Borja Torres
Co-founder, Lovemonk Discos Buenos
Lio Kanine
Co-owner, Kanine Records
Robby Beyer
Supreme Chaos Records
Alexander Warnke
CEO, PRO Agency
Francesca Trainini
Vice President, PMI Italia
German record label
German musician
Salvo Voucher
Label Manager, Escudero Records
Tim Clark
Director, Ferva Music
Stephan Bourdoiseau
President, Wagram Stories
Engin Akinci
General Manager, Zoom Music & Management
German music company
Nuno Saraiva
Mermaids & Albatrosses Lda.
CEO of German music company
Martin Mills
Chair, Beggars Group
Yannick Matray
Director, InFiné
Dennis Dañobeitia
Manager and Owner, CFA
CEO of German music company
Katja Vauhkonen
Executive Director, Indieco
Martin Goldschmidt
Cooking Vinyl
Aymeric Genty
CEO, I.O.T Records
Darius Van Arman
Secretly Distribution CEO and Secretly Group Co-Founder,
Birte Wiemann
Project Manager, Cargo Records Germany
Rainer Scheerer
CEO, Springstoff