EMI

  1. Blue Note Records App for iPad Breaks New Ground With OpenEMI Initiative

    October 04, 2012 2:09 PM EDT The iPad app released by Blue Note Records on Thursday appears to offer a wonderful experience through the legendary jazz label's storied history. But the real kicker here is how the app was made. The Blue Note app is the first commercially r ...

  2. Business Matters: Artist Happiness as a Long-Term Investment

    October 01, 2012 9:23 PM EDT As interested parties line up for Universal Music Group's divested EMI assets -- particularly Parlaphone Records -- artists and managers are encouraging bidders not to forget about the artists. Jon Webster, CEO of the Music Managers Forum (MM ...

  3. Read: Universal Music CEO Lucian Grainge's Letter to Staff About EMI Merger

    October 01, 2012 11:20 AM EDT This morning, Universal Music Group CEO Lucian Grainge sent out an internal memo to staff regarding the company's recent acquisition of EMI's recorded music division , which was approved by both the European Commission and the FTC on Sep ...

  4. Mumford & Sons Debut With No. 1 Album, PSY Climbs To Summit On UK Charts

    October 01, 2012 8:51 AM EDT Mumford & Sons made a bold return to the U.K. bestsellers yesterday (Sunday) as their sophomore album Babel (Universal Island) debuted at No. 1 with opening sales of just under 159,000, the best first-week tally of any artist in 2012. Meanwhil ...

  5. Morning Fix: BET Brawl Video; Artists Protest Parlophone Sale; Big Album Debuts; Jay-Z Opens Barclays

    October 01, 2012 7:14 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters BET HIP-HOP AWARDS MARRED BY SCUFFLE: Atlanta police officers broke up an altercation Saturday evening between groups at the seventh annual BET Hip-Hop Awards though no arr ...

  6. Universal Completes $1.9 Billion EMI Recorded Music Acquisition

    September 28, 2012 8:47 AM EDT LONDON - Vivendi's Universal Music Group said Friday that it has completed the $1.9 billion acquisition of EMI's recorded music arm. "This is a next step towards ensuring the health of our industry," said UMG chairman and CEO L ...

  7. Sergio Lopes Departs Capitol Latin

    September 26, 2012 11:44 AM EDT Sergio Lopes, who for over a year served as the head of Capitol Latin in the U.S., has left the company. Sources say Lopes' position was eliminated a little over a week ago. Lopes had been appointed senior VP of Capitol Latin in the U.S. in a ...

  8. Universal Music CEO Lucian Grainge Says He'll 'Double A&R Investment' at Capitol, Virgin

    September 24, 2012 2:47 PM EDT Universal Music Group CEO Lucian Grainge was in bullish form late on Friday as in the wake of his company's acquisition of EMI Music finally clearing EU and US regulatory hurdle s. It was a long road that officially began when EMI went on the ...

  9. Business Matters: Universal's Deal for EMI No Longer a Sure Thing, But Still Worthwhile

    September 21, 2012 10:00 PM EDT How much will Universal Music Group miss that pound of flesh the European Commission took when it forced considerable concessions from the world's largest record company in exchange from its approval of a merger with EMI Music? That's th ...

  10. Universal Music-EMI Merger: UMG Struck Gold With PolyGram in the 1990s, Can They Do It Again?

    September 21, 2012 5:45 PM EDT Now that the Universal Music Group has approval to complete its acquisition of EMI's recorded music operation , it will hit the ground running to integrate the two companies, insiders say. The Universal Music Group already presided over a hig ...

  11. Universal-EMI: Lucian Grainge, IMPALA, Martin Mills, Other Reactions to Deal's Approval

    September 21, 2012 3:14 PM EDT As expected, the approval by the European Union and the Federal Trade Commission has inspired a number of dramatically opposing comments and reactions from the parties affected by and involved in the deal. Here's a collection of several we� ...

  12. From This Week's Billboard: EMI Opens Up The Vault

    September 21, 2012 2:04 PM EDT Below is an excerpt from the feature story "EMI Opens Up The Vault" -- a look at EMI's attempts to create an API to encourage app development -- from this week's edition of Billboard Magazine, which also features our cover stor ...

  13. FAQ on Approval of Universal Music - EMI Deal

    September 21, 2012 1:50 PM EDT As Universal Music Group's acquisition of EMI Music's recorded music division today received approval from both European and U.S. regulators , details have emerged about the exact steps Universal must take to win European Commission supp ...

  14. Universal Music's Acquisition of EMI Approved by Federal Trade Commission

    September 21, 2012 12:50 PM EDT The Federal Trade Commission has weighed in, rubber stamping the EU's decision to approve the Universal Music Group 1.2 billion euro acquisition of EMI, as expected. The Commission voted 5-0 to close its investigation without taking any actio ...

  15. EMI CEO Roger Faxon, CFO Ruth Prior to Step Down: Read Full Text of Letter

    September 21, 2012 10:19 AM EDT Not long after Universal Music Group's acquisition of EMI's recorded-music division was approved by the European Union on Friday, EMI CEO Roger Faxon announced that he and CFO Ruth Prior will be leaving the company, effective next Friday ...

  16. Sony/ATV Auction for Virgin, Famous UK Catalogs Begins

    September 21, 2012 6:30 AM EDT The package of assets -- comprised of 30,000 copyrights from the Virgin and Famous Music U.K. publishing catalogs -- that the Sony-led consortium agreed to sell in order to gain regulatory approval to buy EMI Music Publishing is about to hit the a ...

  17. Universal Music-EMI Deal Approved by European Union

    September 21, 2012 6:19 AM EDT European Union regulators today formally approved Universal Music Group's $1.9 billion acquisition of the recorded music unit of EMI Music. As expected, the approval is contingent upon divestments to limit the combined companies' market ...

  18. Universal Music-EMI Deal Approved By Australian Regulators With No Divestments

    September 19, 2012 6:18 AM EDT Australia's competition and consumer commission t he ACCC has given the thumbs-up to Universal Music's planned purchase of EMI Music. With its green-light in this region, Universal Music's tie-up with EMI strides one step closer to ...

  19. Business Matters: Reports of the Death of Major Labels Are Greatly Exaggerated

    September 17, 2012 6:16 PM EDT People I talk to seem to be split between two opinions: the majors are doing OK; and the majors are doomed. If people come from the world of independent music they tend to be biased against the major labels or downright distrustful of them. If the ...

  20. The xx's 'Coexist' Debuts at No. 1 on UK Album Charts

    September 17, 2012 7:29 AM EDT The Script's "Hall of Fame" (Phonogenic/Epic/Sony Music Entertainment), featuring will.i.am, climbed to the top of the new U.K. singles chart yesterday (Sept. 16), but the Irish group were denied a third consective No. 1 album as #3 ...

  21. Universal Music-EMI Deal Expected to Be Approved by EU Friday

    September 13, 2012 7:11 PM EDT The Universal Music Group's proposed acquisition of EMI is headed for the endgame in the regulatory process. According to sources, on Friday the European Commission will put the deal and the concessions package to vote before full college of ...

  22. Audio Adrenaline Reboots With ex-DC Talk Singer, New Single, Label

    September 12, 2012 3:51 PM EDT Fair Trade Services After calling it quits in 2006 due to frontman Mark Stuart's vocal problems, Audio Adrenaline is revving up again with former dc Talk member Kevin Max taking over as lead vocalist for the Grammy-winning Christian rock band ...

  23. Universal Music-EMI: Vivendi Confirms Payment, But Status of Deal Is Still Unclear

    September 10, 2012 3:22 PM EDT Universal Music Group's bid to acquire part of EMI has entered its final phase of regulatory review in Europe, but while UMG parent Vivendi confirmed a first payment required under the deal, the status of European regulators' thinking ab ...

  24. Morning Fix: Spotify Browser; Jay-Z, Rihanna Join Coldplay; Concert Safety Standards; Led Zep's Facebook Mystery

    September 10, 2012 7:37 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. SPOTIFY PREPARING BROWSER-BASED VERSION: REPORT: Spotify is preparing a " completely overhauled browser-based version of its streaming music service" that will e ...

  25. EU to Vote on Universal-EMI Deal Tomorrow, Outcome Uncertain: Sources

    September 06, 2012 8:43 AM EDT Things are coming to a head in the European Union commission's review of Universal Music Group's bid to buy EMI's recorded-music operation. On Friday, an EU advisory committee is expected to vote on whether or not to approve the acq ...

  26. Morning Fix: Bankers Big Winners in EMI-UMG Deal; SEO B.S.; VMAs Relevance; Matchbox 20 Aim For No. 1

    September 06, 2012 7:50 AM EDT Head HERE to subscribe to Billboard's free music-business newsletters. MATCHBOX TWENTY AIMING FOR FIRST NO. 1 ALBUM ON NEXT WEEK'S BILLBOARD 200: Watch for Matchbox Twenty to nab its first No. 1 on the Billboard 200 next week. Also heade ...

  27. Morning Fix: EMI/Universal; Scooter Lands Psy; AEG's Michael Jackson Emails

    September 04, 2012 8:30 AM EDT Head HERE to subscribe to Billboard's FREE music-business newsletters. SCOOTER BRAUN, KOREAN VIRAL VIDEO SENSATION PSY ANNOUNCE LABEL PARTNERSHIP: Scooter Braun and Psy, the Korean pop star whose video for "Gangnam Style" this summe ...

  28. Bertelsmann CEO Thomas Rabe on BMG Rights Mgm't, EMI Acquisitions, Getting Back Into the Record Biz

    August 31, 2012 2:15 PM EDT Thomas Rabe, CEO of Bertelsmann, doesn't discount the idea of his company getting back into the record business. BERLIN - Bertelsmann, Europe's largest media group, which controls European broadcaster RTL Group and production powerhouse ...

  29. Bertelsmann H1 Earnings Rise, Interested In EMI Assets

    August 31, 2012 10:08 AM EDT Bertelsmann, which owns BMG Rights Management and Arvato, posted a net profit of 353 million euros ($443.95 million)on revenues of 7.6 billion euros ($9.6 billion) for the six month period ended June 30. That performance represented a 31.2% increa ...

  30. White Paper Urges FTC to Block UMG-EMI Deal; EU Nat'l Regulators Slated To Vote on Merger

    August 30, 2012 8:30 PM EDT The American Antitrust Institute, a Washington-based non-profit education, research, and advocacy organization, has issued a white paper entitled "Music Industry Consolidation: The Likely Anticompetitive Effects Of The Universal/Emi Merger&qu ...

  31. Universal Music-EMI Update: Where the Deal Stands Before Things Heat Up This Week

    August 24, 2012 5:13 PM EDT While things have been a bit quiet recently around the Universal Music Group's proposed acquisition of EMI, expect them to heat up toward the end of this week and especially after the Labor Day weekend. Universal/EMI: Deal Looks Likely to Be ...

  32. Morning Fix: House Sends Letter on UMG-EMI; Spotify 2011 Revenue Up; Trey Songz Headed for No. 1; RIP New Albion

    August 23, 2012 8:25 AM EDT TREY SONGSZ HEADED FOR FIRST NO.1: R&B singer Trey Songz is aiming for his first No. 1 album on the Billboard 200 chart with his new Songbook/Atlantic album, "Chapter V." Other albums in the hunt for a high debut next week include DJ ...

  33. Universal-EMI Merger Approved By Canadian Regulators

    August 20, 2012 3:33 PM EDT Universal Music Group's proposed acquisition of EMI's recorded music division has passed another hurdle, albeit not the European Commission or FTC approval that the companies are so actively seeking. Today, the Canadian Competition Burea ...

  34. Michael Jackson's Mijac Music Catalog Moves to Sony/ATV

    August 20, 2012 10:43 AM EDT Sony/ATV Music Publishing, which is a joint venture between Sony Corp. and the estate of Michael Jackson, will take over worldwide administration of Michael Jackson's Mijac Music Catalog, which has been handled by Warner/Chappell Music Publis ...

  35. Olympics Bump Sends Emeli Sande (and 123 Others) Up UK Charts

    August 20, 2012 7:29 AM EDT Scottish singer-songwriter Emeli Sandé's huge exposure via her performances at the London 2012 Olympics closing ceremony on Aug. 12 sent her debut album Our Version of Events (Virgin/EMI) back to No. 1 on the U.K. chart yesterday (Sunday), as ...

  36. Rihanna's 'Talk That Talk' Tops UK Charts With Lowest-Selling No. 1 Album

    August 13, 2012 8:51 AM EDT Rihanna's "Talk That Talk" (Def Jam/Universal) returned to the top of the U.K. album chart on Sunday (Aug. 12), as "Heatwave" (One More Tune/Warner Bros./Warner Music) by British rapper Wiley featuring Ms D started a secon ...

  37. Universal Music In Talks With EU on Adding Global Rights To Remedies Package For EMI Deal

    August 10, 2012 12:40 PM EDT After market testing Universal Music Group's remedies package for its proposed acquisition of EMI, European Union regulators and UMG are in discussions to add global rights divestitures to the package, according to sources. Currently, the UMG ...

  38. 'Fifty Shades of Grey' Lends Itself To Classical Album

    August 09, 2012 6:50 PM EDT There's no film version yet, but "50 Shades of Grey" - the S&M romance trilogy that has titillated the nation, and is Nos. 1, 2 and 3 on the New York Times Best Seller list - is getting a soundtrack. "Fifty Shades of Grey: ...

  39. Sony/ATV Names International Leadership Team; Guy Moot Appointed President, UK and European Creative

    August 09, 2012 4:35 PM EDT Sony/ATV Music Publishing has named its international leadership team, appointing Guy Moot president of UK and European creative, and Guy Henderson, senior VP of international. Both are based in London. Moot, who formerly held the same title with ...

  40. Inside EMI's Financials: A Healthy Core Business

    August 08, 2012 8:26 AM EDT The financial results released yesterday by EMI showed a company with healthy core businesses but hit hard by goodwill impairment charges triggered by the market valuations it received from the winning bids in the auction to sell the company. On N ...

  41. EMI Reports Fiscal Year Loss Due to Writedown

    August 07, 2012 5:30 PM EDT Music company EMI recorded a pre-tax loss of £349 million ($546 million) for the fiscal year ending March 31, down from the year before due to a writedown, the Guardian reported , citing an internal company memo. The £372 million ($582 million) ch ...

  42. Conor Maynard, British Pop Heartthrob, Tops UK Album Chart; Wiley Has No. 1 Single

    August 06, 2012 8:32 AM EDT Rising British pop heartthrob Conor Maynard's debut album "Contrast" (Parlophone/EMI) went straight to the top of the new U.K. chart yesterday (Sunday), while "Heatwave" (One More Tune/Warner Bros./Warner Music) by British ...

  43. Pressure Mounts For Universal Music To Make U.S. Concessions on EMI Deal

    August 06, 2012 8:06 AM EDT Universal Music Group's proposed remedy package to satisfy government regulators that they are divesting enough assets to allay antitrust concerns is facing increased pressure to include solutions that will make the sales of Anglo/American re ...

  44. Exclusive: David Renzer, Former UMPG Chairman/CEO, Named Saban Capital Group's Pres. Music Ventures

    August 06, 2012 7:00 AM EDT David Renzer, who previously headed up the Universal Music Publishing Group as chairman/CEO, has resurfaced in music publishing with a deep-pocket backer the Saban Capital Group, a private investment firm established by Haim Saban. The Renzer and ...

  45. Sony Music's Quarter: A Closer Look

    August 02, 2012 6:22 PM EDT Sony Corp.'s music operations -- which consist of three separate companies, Sony Music Entertainment, Sony/ATV Music Publishing and Sony Music Entertainment (Japan) -- experienced a drop in sales and income as the music category posted 7.3 bi ...

  46. A2IM Speaks Out Against Universal-EMI Merger Again, Even More Forcefully

    July 30, 2012 7:19 PM EDT A2IM, the American Assn. of Independent Music, has reiterated its opposition to the Universal Music Group's acquisition of EMI in its most forceful statement yet . The statement is apparently prompted by the remedy package the Universal Music ...

  47. Read: EMI CEO Roger Faxon's Letter to Staff About Universal Deal

    July 27, 2012 4:16 PM EDT Today, not long after Universal Music submitted the long-delayed divestment package for its proposed acquisition of EMI's recorded-music division to the European Commission , moving the process one big step closer to a conclusion. EMI Group C ...

  48. Updated: UMG-EMI Divestment Package Revealed: Universal to Keep the Beatles

    July 27, 2012 1:09 PM EDT A source close to the situation told Billboard.biz the contents of the divestment package submitted today by Universal Music Group for its proposed acquisition of EMI' s recorded-music division to the European Commission. If accepted, it will ...

  49. Universal Finally Submits Divestment Package for EMI Deal to European Commission

    July 27, 2012 10:59 AM EDT As predicted on Thursday, Universal Music Group on Friday submitted its long-delayed divestment package for its proposed acquisition of EMI's recorded-music division to the European Commission, moving the process one big step closer to a conc ...

  50. Universal in Talks to Sell Off Parlophone Instead of Virgin, EMI Labels

    July 26, 2012 9:04 PM EDT BMG Rights Management is in talks with Universal Music Group to purchase the European rights to EMI's legendary Parlophone label as part of UMG's s remedies package of assets to be divested in its proposed purchase of EMI's recorded ...

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