The great Abbey Road Studios is entering into the tech industry as it wanted not only to act as a recording studio but also as a music technology incubator. The plan was revealed by the Universal Music Group in a ceremony at the Studio 2 on Wednesday night. It will assure their continued reliability amidst technology era.
Universal Music Group
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Mergers under review by the European Commission and a brief guide to the EU merger process.
Universal Music Group will win EU approval for its $1.9 billion purchase of EMI.
Vivendi's Universal Music Group will offer to sell three music labels belonging to takeover target EMI in a bid to ease EU regulatory concerns about the $1.9 billion deal.
EU antitrust regulators are expected to set out their objections to Universal Music Group's $1.9 billion bid for rival EMI's recorded music unit in the coming days.
Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force.
