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Citigroup Inc. has agreed to sell EMIís recorded music and publishing businesses in separate transactions for a combined $4.1 billion.
From the ArticleUniversal Music Group will buy EMIís record labels, home to Katy Perry and Coldplay, for 1.2 billion pounds ($1.9 billion), and a Sony Corp.-led group that includes billionaire David Geffen will pay $2.2 billion for the publishing unit, according to statements yesterday.
Jason Tate on 11/12/11 - 10:50 PM
EMI is holding a giant auction to benefit the Red Cross's efforts in Japan. Prizes include gold and platinum records, tickets, clothing from tours and videos, signed guitars, meet & greets, handwritten lyrics, deadmau5's head, trampolines, computers and everything else you could possibly think of. The full list is in the replies. Bands participating include Daft Punk, Willie Nelson, Beastie Boys, Bat For Lashes, David Bowie, Coldplay, Arcade Fire, 30 Seconds To Mars, Katy Perry, Depeche Mode and many, many more.
Paul Tao on 04/06/11 - 11:56 AM
Citigroup has taken control of EMI.

Submitted by JordanBuell
Blake Solomon on 02/02/11 - 08:17 AM
Pink Floyd and Queen, two bands who've been with record label EMI for decades, may leave the label as it sinks farther into financial ruin.

Submitted by areyoukiddingme
Blake Solomon on 03/10/10 - 08:11 AM
EMI, Warner Bros, Sony BMG and Universal are all being sued for piracy.

Submitted by cavalry
Blake Solomon on 12/09/09 - 08:58 AM
EMI is suing BlueBeat for selling The Beatles catalog without permission.

Submitted by xshady121
Blake Solomon on 11/03/09 - 09:23 PM
EMI will be releasing a bunch of albums on vinyl on August 19th, including all of Radiohead's pre-In Rainbows catalog and the Beach Boysí out-of-print Pet Sounds.
Steve Henderson on 06/13/08 - 09:36 AM
EMI head honcho Guy Hands has blasted his A&R staff for their seemingly awful performance.
Steve Henderson on 02/29/08 - 12:18 PM
EMI will reportedly announce plans tomorrow to reduce marketing expenses, which may result in the loss of nearly 2,000 jobs.
Rohan Kohli on 01/14/08 - 09:35 AM
Steve Henderson on 01/11/08 - 02:24 PM
Following promotional deals with Amazon and Pepsi, Sony and WMG are seriously considering distributing releases in MP3 format next to EMI and Universal.
Julia Conny on 11/30/07 - 01:23 PM
Sigur Ros have posted their new single, "Hljomalind," on their myspace page. The song is from Hvarf-Heim, a double album of unreleased songs that will be available on November 5.

Submitted by treefortrails
Tony Pascarella on 10/16/07 - 03:35 PM
Warner Music Group, which was recently rebuffed in a bid for EMI, is now making a direct appeal to EMI's shareholders.
Rohan Kohli on 04/09/07 - 04:41 PM
EMI has started offering higher quality, DRM-free music downloads through the iTunes Music Store.
Steve Henderson on 04/02/07 - 07:52 AM
Below is an article from Coolfer regarding the recent happenings in the EMI/no-DRM situation.
Coolfer EditorialMaking the rounds right now is a story that EMI asked online retailers to make cash advances in exchange for the right to sell its catalog in the open MP3 format.

What strikes me about this move is the lack of takers. Look at the factors that are believed by many to be truths. Here are three things about MP3 that are held by many to be true: First, people will pay more for MP3s. Second, labels will sell more music if they ditch DRM. Third, DRM does not stop piracy and should be removed.

EMI needed an insurance policy. It wanted retailers to share in the risk. The cash...
Rohan Kohli on 02/28/07 - 10:19 AM
From Coolfer: A possible Warner Music Group acquisition of EMI hit a speed bump when Ministry of Sound, the UK's largest indie record label, quit indie trade group Impala over the group's pledge of support the acquisition. Last week, it was learned that Impala had traded its support for concessions to be made by WMG. MoS, which is not much of a name in the States but sells over four million albums a year and is a major brand in the Europe, was also angered that the Association of Independent Music also supports the acquisition.

Coverage:

The Times Online: AIM did not inform its members of the deal. One AIM board member said the deal "looked strange." AIM's decision to support WMG...
Rohan Kohli on 02/24/07 - 03:37 PM
EMI (Capitol, Virgin) is in talks to start selling DRM-free music.

Submitted by eman83
Rohan Kohli on 02/10/07 - 09:37 PM
As a follow on from the news earlier today, it sounds like EMI is going to start releasing more songs in unrestricted mp3 format to gauge interest in non-DRMed music media files.
Steve Henderson on 12/07/06 - 07:58 PM
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