UMG-EC update

THE HOME STRETCH? We hear that UMG negotiators are still in Brussels meeting with the EC’s Case Team, as it’s called, hammering out the divestment package. Once that task is completed, the Case Team will then take the package and “test market” it for five days, after which it will likely render a decision. Exciting, huh? Universal is now more than a week past the initial deadline for filing deal remedies. Its final deadline for the proposal is Aug. 1, and if it files by then, the EC will have to rule on the merger by Sept. 27. UMG is due to pay Citigroup more than $1.7 billion of the $1.9 billion purchase price by early September, regardless of whether the EC has approved the deal by then. Citi and Universal have discussed extending the payment deadline by about two months, but haven't reached an agreement. (7/25a)

COVER STORY: CAA’s DARRYL EATON, EMMA BANKS AND RICK ROSKIN
The future's so Light, they gotta wear shades. (6/10a)
FRONT ROW CENTER:
ROB LIGHT
The GOAT (6/10a)
UMPG’s DAVID GRAY:
THE HITS INTERVIEW
He's a five o’clock in the morning guy. (6/10a)
THE VIEW FROM
HITS LIST
It's dazzling. (6/10a)
RIDENOUR RIDES TO EVP STRIPES AT GAMMA.
Action Jackson (6/7a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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