EMI Group PLC

  1. Roger Faxon Joining Board of British TV Network ITV

    October 22, 2012 1:23 PM EDT Roger Faxon, former CEO of EMI Group Ltd, is joining the board of the UK's Independent Television Authority (ITV) as a non-executive director effective Oct. 31 2012, according to a release sent out by the network. "Roger will bring to th ...

  2. Morning Fix: Daniel Glass on Mumford & Sons; Microsoft and Rdio; Adele Returns; Jay-Z's New YouTube Channel

    October 05, 2012 8:05 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters JEFF CASTELAZ NAMED PRESIDENT OF ELEKTRA RECORDS: Jeff Castelaz has been named President of Elektra Records, where he will oversee all areas of the label's operation w ...

  3. BlueBeat.com to Pay EMI Nearly $1 Million for Illegally Selling Beatles Hits

    March 29, 2011 8:10 AM EDT A website that sold Beatles songs online for 25 cents apiece before they became legally available has agreed to pay record companies nearly $1 million to settle a federal lawsuit. U.S. District Judge Josephine Staton Tucker signed off on the settl ...

  4. Citigroup Faces Trial Over EMI Auction

    September 15, 2010 12:00 AM EDT Terra Firma Capital Partners Ltd can proceed to trial against Citigroup Inc in their dispute over Terra's 2007 acquisition of music group EMI, a federal judge ruled. The buyout house alleges in its lawsuit that Citigroup inflated the price of ...

  5. EMI Dispute Ruling Due Sept. 15

    September 13, 2010 12:00 AM EDT Citigroup Inc and Terra Firma Capital Partners Ltd will know by Sept. 15 whether their dispute over the buyout house's 2007 acquisition of music group EMI will proceed to trial, a U.S. judge said. Lawyers for Citigroup argued in Manhattan fed ...

  6. Paul McCartney To Reissue Catalog On Concord Music Group

    April 20, 2010 12:00 AM EDT Paul McCartney said on Tuesday he would reissue his extensive post-Beatles catalog through Concord Music Group, dealing a blow to his former distributor, the struggling EMI Group. Los Angeles-based Concord previously released McCartney's 2007 ...

  7. Ruling By End March In EMI Deal Dispute

    March 05, 2010 12:00 AM EST A U.S. judge said he would rule by the end of March on whether or not to grant a request by Citigroup Inc to move a lawsuit by Terra Firma Capital Partners Ltd to London in a dispute over the buyout house's acquisition of EMI. Terra Firma cha ...

  8. Downloading Case Goes To Jury

    June 18, 2009 12:00 AM EDT A federal jury began deliberations Thursday in the nation's only file-sharing case to go to trial as attorneys for both sides disputed in closing arguments what the evidence actually showed. An attorney for the recording industry, Tim Reynold ...

  9. Labels Sue Project Playlist On Copyright

    April 28, 2008 12:00 AM EDT Nine major record labels filed suit against an online music provider on Monday, accusing Project Playlist Inc of a "massive infringement" of their copyrights to the songs of artists such as U2 and Gwen Stefani. Project Playlist enables i ...

  10. Yahoo Eyeing Online Music Service

    January 24, 2008 12:00 AM EST Yahoo Inc., is in early discussions with major record labels over offering unprotected MP3s either for sale or for free as part of an ad-supported service, two record company executives familiar with the talks said Wednesday. The talks, held as re ...

  11. Judge Dismisses LimeWire Antitrust Suit

    December 04, 2007 12:00 AM EST A federal judge on Monday threw out an antitrust lawsuit that the operator of the LimeWire online file-sharing service filed against a coalition of major record labels. U.S. District Judge Gerard E. Lynch in New York ruled that Lime Group LLC fail ...

  12. EMI Says 93% Of 2013 Euro Bonds Tendered

    September 04, 2007 12:00 AM EDT British music group EMI Group Plc said on Tuesday that 93% of its 425 million euros ($579.1 million) of 8.625% bonds due 2013 had been tendered under a buyback offer launched on Aug. 17. EMI is buying back its outstanding bonds due to its acquisit ...

  13. EMI To Cancel LSE Listing On Sept. 18

    August 17, 2007 12:00 AM EDT EMI Group plc expects to de-list from the London Stock Exchange on Sept. 18 as it prepares for a new era under the ownership of equity house Terra Firma, the British music major reports. In a statement issued to the London Stock Exchange, EMI said ...

  14. Russian Music Download Case Rejected

    August 15, 2007 12:00 AM EDT A Moscow court threw out a case against the former head of music downloading site allofmp3.com and rejected the damages claims made by EMI Group PLC, Universal Music Group and Warner Music Group, a music industry official said Wednesday. Allofmp3. ...

  15. U.K.'s ERA Calls For Terra Firma Clarity

    August 01, 2007 12:00 AM EDT The U.K. music and entertainment retailers' trade body is urging the new owner of EMI Group Plc to clarify its future plans swiftly to help eliminate ongoing uncertainty in the business. The call comes shortly after Terra Firma, the private-e ...

  16. Terra Firma Reaches EMI Shareholder Goal

    August 01, 2007 12:00 AM EDT Terra Firma has cleared one of the final hurdles in its proposal to buy out EMI Group plc. Just after the final deadline closed on the acquisition process this afternoon, the private equity firm announced to the London Stock Exchange that it had s ...

  17. EMI Shares Fall On Terra Firma Financing Concerns

    July 26, 2007 12:00 AM EDT Shares of U.K. music company EMI Group Plc closed down 5.2% on Wednesday as concerns grew that its private equity buyer Terra Firma was having trouble securing financing for the deal. Terra Firma and adviser Citigroup were haggling over the terms ...

  18. WMG Drops Pursuit Of EMI Bid

    July 17, 2007 12:00 AM EDT Warner Music Group has decided not to pursue a bid for EMI Group Plc. The company issued a statement late Tuesday indicating it decided not to make an offer but reserves the right to do so in the next six months. The U.K.'s Takeover Panel dem ...

  19. Warner, Fifield Given July 19 EMI Bid Deadline

    July 17, 2007 12:00 AM EDT The U.K.'s Takeover Panel has demanded that any suitors for EMI Group Plc must make a firm offer by noon Thursday (July 19). The Panel, an independent body that regulates the country's mergers and acquisitions, requires all suitors to st ...

  20. Terra Firma Extends EMI Offer Deadline

    July 13, 2007 12:00 AM EDT Terra Firma has re-extended its deadline to buy-out EMI Group Plc after the private equity firm failed again to achieve total shareholder approval. By 1pm ET yesterday, Terra Firma had collected only 3.82% of EMI's existing issued ordinary sh ...

  21. Warner Music Eyes EMI As Deadline Looms

    July 11, 2007 12:00 AM EDT Ahead of tomorrow's U.K. Takeover Panel deadline, Warner Music Group (WMG) appears to be ramping up its next move for a possible acquisition of EMI Group Plc. According to reports, WMG has appointed Alan Mnuchin, of Wall Street investment ban ...

  22. Terra Firma Extends EMI Bid Timeline

    July 05, 2007 12:00 AM EDT European private-equity firm Terra Firma has extended the deadline to July 12 on its £2.4 billion ($4.84 billion) acquisition bid for EMI Group Plc. Terra Firma issued a statement Wednesday declaring that the offer "is being extended and will ...

  23. China Unicom Tests Music Service

    July 03, 2007 12:00 AM EDT China Unicom Ltd., the country's No. 2 mobile phone carrier, said Tuesday it has started testing a music download service offering subscribers songs from 23 record companies. The move comes as music and telecommunications firms try to raise s ...

  24. WMG, Sony BMG Launch Digital Platform In Russia

    June 28, 2007 12:00 AM EDT Warner Music and Sony BMG, along with two Russian record labels, launched a wholesale digital distribution platform in Russia on Thursday, a market dominated by piracy across the entire entertainment industry. The two majors said they had formed a ...

  25. EMI Sale Deadline Extended

    June 28, 2007 12:00 AM EDT Terra Firma, the European private equity firm, has extended the deadline required for EMI Group Plc to accept its £2.4 billion ($4.7 billion) acquisition bid to July 4. Terra Firma had originally given EMI, the U.K.-based multinational music compa ...

  26. WMG May Raise Stakes In EMI Bid

    June 11, 2007 12:00 AM EDT Warner Music Group is not out of the hunt for long-time interest EMI Group. In a statement issued today, WMG suggested it would place a new bid on the table for the London-based major when it confirmed it "continues actively to consider an of ...

  27. Fifield Interested In EMI Bid

    May 25, 2007 12:00 AM EDT Former EMI chief Jim Fifield is interested in potentially making an offer for EMI Group plc. In a statement issued to the London Stock Exchange by Corvus Capital, the investment management firm said it had been working with Fifield on a bid before ...

  28. 'Challenging Year' Hits EMI's Bottom Line

    May 21, 2007 12:00 AM EDT On an eventful day for EMI Group plc, the music major has confirmed revenue declines at both its recorded music and music publishing divisions, and reported a steep fall in full-year earnings. The group's preliminary results, which cover the ...

  29. Warner In The Mix For EMI Group Bid?

    May 18, 2007 12:00 AM EDT EMI Group is understood to have opened its books up to a slew of potential suitors, including Warner Music Group. Warner Music Group has been quiet of late, with regards to its evergreen interest in EMI. WMG had earlier put forward an offer, which ...

  30. Amazon Store To Sell Music Free Of Copy Protection

    May 16, 2007 12:00 AM EDT Amazon.com Inc. said on Wednesday the company will launch a digital music store later in 2007 with millions of songs, free of copy protection technology that limits where consumers can play their music. The Seattle-based company said music company ...

  31. EMI Suitors Circle, Stock Soars

    May 04, 2007 12:00 AM EDT British music major EMI Group plc said Friday it has received "a number" of approaches for its business. The company confirmed the situation in a concise statement issued this morning to the London Stock Exchange and posted on EMI's ...

  32. EMI Music Revenues Shrink By 15%

    April 18, 2007 12:00 AM EDT Against a backdrop of "very challenging" market trends, EMI Group Plc is forecasting a 15% contraction in revenues from its recorded music division. In a trading update delivered this morning to the London Stock Exchange, the British-bas ...

  33. EMI, Bertelsmann Settle Napster Suit

    March 26, 2007 12:00 AM EDT EMI Group Plc and Bertelsmann AG have reached a settlement on litigation stemming from the German media company's investment in music file-sharing software company Napster, the two companies today (March 26). They did not release details of t ...

  34. EMI Stock Falls After Profit Revision

    February 14, 2007 12:00 AM EST EMI Group plc's share price plummeted today following the company's disclosure that revenues in its recorded music division are expected to be 15% down for the financial year that ends on March 31. By mid-afternoon in London, EMI's ...

  35. Bailey Takes New Role At EMI

    February 12, 2007 12:00 AM EST EMI Group plc has appointed Sly Bailey as senior independent director. Based in London, Bailey succeeds John Gildersleeve who was recently appointed chairman of EMI Group. Currently the CEO of British newspaper publishing group Trinity Mirror, Bai ...

  36. Australian Court Issues Copyright Ruling

    December 21, 2006 12:00 AM EST Providing Web links to copyright-protected music is enough to make a site legally liable, an Australian court ruled in a case that created legal uncertainty for search engines around the world. The full bench of the Federal Court, the country' ...

  37. EMI Group Acquisition Still In Question

    December 08, 2006 12:00 AM EST EMI Group plc has declined to comment on speculation that it is close to a deal to be acquired by a private-equity group. A Dec. 8 report on The Wall Street Journal Online claims that Permira Advisers, the European private-equity company, is the b ...

  38. WMI Appoints Saunter WMI CFO

    December 06, 2006 12:00 AM EST Mike Saunter has been named chief financial officer at Warner Music International, with immediate effect. Saunter replaces outgoing WMI CFO Jos de Raaij, who will exit the music major at the end of the year. Reporting to Gero Caccia, vice chairman ...

  39. Permira Keeps Mum On EMI Takeover Reports

    November 29, 2006 12:00 AM EST Representatives of Permira are staying silent on reports that the private equity firm is eyeing up a takeover of EMI Group Plc. Representatives of Permira are staying silent on reports that the private equity firm is eyeing up a takeover of EMI Gr ...

  40. Permira Keeps Mum On EMI Takeover Reports

    November 29, 2006 12:00 AM EST Representatives of Permira are staying silent on reports that the private equity firm is eyeing up a takeover of EMI Group Plc. Representatives of Permira are staying silent on reports that the private equity firm is eyeing up a takeover of EMI Gr ...

  41. EMI Confirms Approach

    November 28, 2006 12:00 AM EST EMI Group plc is the target of a takeover. The British music major confirmed in a statement to the London Stock Exchange today (Nov. 28) that it has "received a preliminary approach for the company which may or may not lead to an offer being ...

  42. EMI Confirms Approach

    November 28, 2006 12:00 AM EST Stock soars more than 10%. EMI Group plc is the target of a takeover. The British music major confirmed in a statement to the London Stock Exchange today (Nov. 28) that it has "received a preliminary approach for the company which may or may ...

  43. EMI Confirms Approach

    November 28, 2006 12:00 AM EST EMI Group plc is the target of a takeover. The British music major confirmed in a statement to the London Stock Exchange today (Nov. 28) that it has "received a preliminary approach for the company wh EMI Group plc is the target of a takeover ...

  44. EMI Discovers Fraud In Brazilian Unit

    October 25, 2006 12:00 AM EDT News sent stock plummeting. EMI Group PLC said Wednesday (Oct. 25) that it uncovered accounting fraud at its Brazilian recorded music business that incorrectly boosted revenues and operating profits, news that sent its stock plummeting. Shares in ...

  45. Confirmed: Dupri Exits Virgin

    October 25, 2006 12:00 AM EDT Became head of urban at the label last year. Jermaine Dupri—superproducer, rapper, and the boyfriend of Janet Jackson—has confirmed to Associated Press that he has quit as a top executive at Jackson's label, Virgin Records, amid disappointing ...

  46. Ono Sues Capitol Over Lennon Royalties

    October 19, 2006 12:00 AM EDT Files $10 million lawsuit. John Lennon's widow, Yoko Ono, has filed a $10 million lawsuit against her late husband's old record company accusing them of cheating his estate out of his royalties. In a three-page lawsuit filed in Manhattan ...

  47. EMI To Preload Videos On Microsoft's Zune

    August 18, 2006 12:00 AM EDT Seconds To Mars to be featured on player. EMI Group Plc said on Thursday (Aug. 17) it had signed a deal to provide preloaded music videos on Microsoft Corp.'s soon-to-launch Zune digital media player. The London-based company said the deal ...

  48. EMI Drops Merger Plans With Warner Music

    July 27, 2006 12:00 AM EDT Board of directors to review position in the future. EMI Group has dropped its ambitions to acquire and merge with Warner Music Group (WMG), following the recent decision by a European Union court to overturn the original approval for the Sony BMG ...

  49. France Poised To Soften iTunes Bill

    June 21, 2006 12:00 AM EDT Leading lawmakers have agreed to water down a draft law that could have threatened the future of the iPod in France. Leading lawmakers have agreed to water down a draft law that could have threatened the future of the iPod in France. The National ...

  50. Warner U.K. Recruits Saunter As FD

    May 15, 2006 12:00 AM EDT Mike Saunter will join Warner Music U.K. in the role as finance director, with effect from June 5. Mike Saunter will join Warner Music U.K. in the role as finance director, with effect from June 5. Saunter will assume responsibility for financial ...

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