EMI

Latest News

1. 

   Universal Music Group Faces Calls for More Asset Sales to Seal EMI Deal

   3:41 am 8/10/2012

   • by Georg Szalai

   "Significant asset sales would reduce synergies," says one analyst amid a report that UMG may be asked to divest additional EMI businesses worth $370 million.Read more

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2. 

   EMI Reports Fiscal Year Loss Due to Writedown

   9:59 am 8/7/2012

   • by Georg Szalai

   Revenue for the company, whose sale of its recorded music unit that includes stars like Katy Perry is pending, rose slightly for the year ended March 31.Read more

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3. 

   Senators' Letter on Universal-EMI Deal Warns of 'Significant Competition Issues'

   7:00 am 8/5/2012

   • by Ed Christman, Billboard

   Democratic congressman Herb Kohl had previously brought up similar concerns to the Department of Justice in 2009 when it was reviewing the Ticketmaster and Live Nation merger.Read more

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4. 

   Pink Floyd, David Guetta Catalogs to Be Sold, EMI CEO's Memo Reveals

   3:33 pm 7/27/2012

   • by Shirley Halperin

   As the EMI-Universal merger draws near, Roger Faxon braces the company's global staff for painful divestitures and uncertainty. Read more

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5. 

   Universal Music Submits EMI Deal Concessions to European Regulators

   7:39 am 7/27/2012

   • by George Szalai

   "We believe the package fully addresses the European Commission’s concerns," the company says. Read more

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6. 

   Universal Music May Sell Coldplay Label Parlophone to Seal $1.9 Billion EMI Deal (Report)

   2:43 am 7/27/2012

   • by Georg Szalai

   The music giant is ready to divest iconic British label Parlophone, but not music from such key acts as Queen and the Beatles, to win European approval.Read more

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7. 

   Universal Looking to Sell EMI Labels to Indies, Not Majors (Report)

   9:45 am 7/23/2012

   • by Scott Roxborough

   European regulators have yet to approve Universal $1.9 billion takeover of the British music group.Read more

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8. 

   Richard Branson Expresses Interest in Buying Back Virgin Records

   1:36 am 7/17/2012

   • by Georg Szalai

   UPDATED: Universal Music's potential sale to win approval for its proposed EMI acquisition offers "a wonderful opportunity to recreate a dynamic independent label," a Branson spokesman says.Read more

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9. 

   Universal Music May Divest Virgin Records, Mute Rights to Clinch EMI Deal (Report)

   1:16 am 7/16/2012

   • by Georg Szalai

   Executives of the Vivendi-owned music giant are meeting with European regulators in Brussels this week to discuss concessions.Read more

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10. 

    Universal Music Gets Japan's Approval for EMI Deal

    3:39 am 7/12/2012

    • by Georg Szalai

    After the green light in the world's second-largest music market, the company is now focusing on getting regulatory clearance in Europe and the U.S.Read more

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