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So apparently NTS Radio has secured some kind of loan with Universal, which is already a minority owner. So even if Universal does not currently control NTS, it might be a matter of time. That's truly sad, given the current importance of #NTS as a global, independent music institution.
https://networknotes.motiveunknown.com/p/exclusive-universal-tightens-its

https://www.reddit.com/r/NTSradio/comments/1kf6h9e/nts_radio_pledges_all_of_its_assets_as_collateral/