Universal Sells Curve Royalty Systems to Merlin and Jamen Capital
Universal Music Group and Virgin Music Group have divested Curve Royalty Systems to Jamen Capital and Merlin. This sale fulfills a European Commission requirement tied to Universal Music Group's $775 million acquisition of Downt.
Universal Music Group and its subsidiary Virgin Music Group have agreed to sell Curve Royalty Systems to Jamen Capital and Merlin. The sale is the divestment that the European Commission required as a condition of clearing Universal Music Group‘s $775 million acquisition of Downtown Music Holdings in February. It paves the way for Curve, the royalty processing platform used by thousands … Continued
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_Originally reported by [Music Business Worldwide](https://www.musicbusinessworldwide.com/universal-sells-curve-royalty-systems-to-merlin-and-matt-spetzlers-jamen-capital/)._
This story is summarized from coverage by Music Business Worldwide.
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