IMPALA is calling for regulatory investigation into Universal Music Group's (UMG) complete acquisition of [PIAS], citing concerns over market concentration in the music industry.

UMG recently purchased the remaining 51% stake in [PIAS], following its initial 49% acquisition in 2022. This transaction has prompted [PIAS] to exit IMPALA, where it had been a member for 24 years.

IMPALA highlights several key concerns:

• The acquisition further concentrates power in an already consolidated market
• It contradicts European Commission's previous stance that UMG was "already too big" during the EMI takeover
• The deal could significantly increase UMG's influence across Europe and beyond
• There's potential risk of major labels disrupting the independent sector through continued acquisitions

Helen Smith, IMPALA's executive chair, states: "A share deal is one thing, this is something else." The organization expects regulators to examine both physical and digital markets, including distribution services and the impact on competitors, digital services, artists, and fans.

Key developments:

• Kenny Gates will continue running [PIAS] as a UMG division
• Michel Lambot will pursue new ventures through his business, "Emotions"
• The deal follows a pattern of major label acquisitions, similar to Sony Music's previously approved AWAL purchase

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