Music Business News: Netherlands

Both companies will adopt the Soundtrack brand while retaining their local teams.

Amsterdam-based Smelt will oversee both publishing and neighboring rights administration globally, reporting directly to CEO Mary Megan Peer.

UMG submitted formal commitments to the EC on December 11

Company says its response to the regulator 'comprehensively addresses' the Commission's outstanding issue with the transaction.

Kees van der Hoeven, who has led the Benelux operations since 2013, will step down at the end of the year.

The deal includes worldwide rights to Sonique's UK No. 1 hit 'It Feels So Good.'

Statement of Objections issued by the EC represents a formal escalation in the investigation into the transaction

The partnership aims to expand Avalon’s reach across North Africa and develop local artists.