Universal Music Group has finalized the sale of Curve Royalty Systems to Jamen Capital and Merlin.

Universal Music Group (UMG) and its subsidiary Virgin Music Group have officially sold Curve Royalty Systems to Jamen Capital and Merlin. This transaction was a requirement set by the European Commission to approve UMG’s $775 million acquisition of Downtown Music Holdings earlier this year.

Curve Royalty Systems is a prominent platform used by thousands in the music industry for royalty processing. The sale is expected to allow Curve to continue its operations under new ownership, potentially expanding its reach and capabilities.

Jamen Capital, led by Matt Spetzler, and Merlin, a global digital rights agency for independent labels, are the new owners. Their acquisition of Curve is seen as a strategic move to enhance their positions in the music industry.

The divestment aligns with regulatory requirements, ensuring fair competition in the music market. This move is part of a broader trend of consolidation and strategic partnerships within the industry.

UMG’s decision to sell Curve Royalty Systems underscores its commitment to complying with regulatory mandates while focusing on its core business operations.

The sale of Curve Royalty Systems is significant as it reflects ongoing changes in the music industry’s landscape. As digital platforms and royalty processing become increasingly important, strategic acquisitions like this one highlight the evolving nature of music business operations. The transaction also emphasizes the role of regulatory bodies in maintaining competitive markets, ensuring that major acquisitions do not stifle innovation or competition.