EMI

  1. Universal/EMI: Deal Looks Likely to Be Approved, But at What Cost to UMG?

    July 26, 2012 3:30 PM EDT The extensive, lengthy and ongoing negotiations between the Universal Music Group and the European Union Commission to hammer out a concessions package of assets to be divested means that the regulatory agency is likely to approve the acquisition ...

  2. Universal-EMI Divestment Package Expected to Be Complete by Monday, Possibly Sooner

    July 20, 2012 6:25 PM EDT As of late Friday afternoon (ET), the Universal Music Group's remedies package of assets to be divested as part of its effort to win regulatory approval of its proposed acquisition of still had not been formally submitted to the EU Commission ...

  3. Exclusive: Naive's Patrick Zelnik Talks Universal-EMI Merger, Plan to Buy Virgin With Branson, More

    July 19, 2012 1:00 PM EDT Patrick Zelnik, founder and CEO of French independent label and distributor Naïve and co-President (for now) of Impala, the independent label association, has made international headlines over the last few days: On Monday a surprising op-ed he wro ...

  4. Updated: Universal Music Offers to Sell More Assets to Salvage EMI Deal

    July 19, 2012 8:41 AM EDT Universal Music has upped the ante in its efforts to gain approval for its proposed purchase of EMI's recorded-music division, offering to sell off even more parts of EMI, according to a report in Financial Times. The European Commission reje ...

  5. Waters Wall To Wall

    July 18, 2012 7:35 PM EDT "By the way, which one's Pink?" inquires the label executive caricature on the Pink Floyd album cut "Have a Cigar" from the 1975 album "Wish You Were Here." The band did very little to promote individual members ...

  6. Universal Music's Concessions Grow in EMI Deal; Sale of Virgin U.K. Looks Likely

    July 17, 2012 11:01 PM EDT The Universal Music Group will take some extra time to prepare and submit its remedies package to the EU Commission, as part of its gambit to win regulatory approval to acquire EMI's recorded-music division. Depending on who you listen to, th ...

  7. Updated: Richard Branson Interested in Buying Back Virgin Records With Impala's Patrick Zelnik

    July 17, 2012 7:59 AM EDT LONDON - Virgin Group founder Richard Branson has expressed his interest in a potential bid for the Virgin Records label he founded. Vivendi's Universal Music Group is meeting with European regulators in Brussels this week to discuss possible ...

  8. Guest Opinion: Proposed Universal Acquisition Is a Positive Development for EMI and for Music

    July 16, 2012 4:15 PM EDT The proposed acquisition of EMI's recorded-music division by Universal Music Group continues to inspire debate. This is a guest post from Vernon Brown is Chairman and CEO of V. Brown & Company, Inc. and a Professor of Entertainment Law at ...

  9. Universal Music to Submit Divestment Package Within 24 Hours; May Offer to Sell Virgin, EMI Classics in Certain Territories

    July 16, 2012 2:17 PM EDT Within the next 24 hours, the Universal Music Group will submit a package of assets it expects to sell beyond the publishing assets (including the Koch and Brentwood Benson Christian catalogs) already announced earlier this year. According to mult ...

  10. Guest Opinion: Universal/EMI Deal Would Harm Music Fans and Musicians, by Gigi Sohn and Jodie Griffin of Public Knowledge

    July 16, 2012 9:00 AM EDT The proposed acquisition of EMI's recorded-music division by Universal Music Group continues to inspire debate. This is a guest post from Public Knowledge President/CEO Gigi B. Sohn, who testified at the Senate hearing examining the deal last ...

  11. Universal Music May Divest Virgin Records, EMI Classics (Report)

    July 16, 2012 7:48 AM EDT LONDON - Vivendi's Universal Music Group could offer to divest Virgin Records and EMI Classics, as well as the distribution rights to independent label Mute to clinch European regulators' approval for its proposed acquisition of EMI' ...

  12. Vevo vs. Google: Universal, Sony and the Latest Moves in the Chess Game

    July 12, 2012 5:41 PM EDT Vevo's future business arrangements are looking a bit cloudy, as reports this week suggest that the company's deal terms with Google are again in play , and that Universal is re-examining its stake in the company in the relation to UMG&# ...

  13. Universal Music-EMI Deal Approved By Japanese Regulators

    July 11, 2012 8:16 AM EDT Japanese regulators have approved Universal Music Group's $1.9 billion purchase of EMI Music without having to make concessions, according to a Music Week report. A statement from a Universal Music rep said that, "We can confirm that the ...

  14. Universal Music's Lucian Grainge Proposes 'Manifesto For New Music Industry'

    July 10, 2012 6:53 PM EDT Lucian Grainge has plans to sell assets, invest heavily in A&R, and keep EMI as intact as possible while trying to gain approval for Universal Music Group's proposed acquisition of EMI's recorded music division in both the U.S. and E ...

  15. Exclusive: Martin Bandier Names New Sony/ATV-EMI Executive Team

    July 10, 2012 5:59 PM EDT In the second week of its ownership stake in EMI Music Publishing, Sony/ATV has begun integrating the EMI staff into the Sony/ATV structure. As part of that, Sony/ATV Music Publishing chairman & CEO Martin Bandier announced his executive team ...

  16. Updated: Layoffs at EMI Music Publishing

    July 10, 2012 1:10 PM EDT As expected, layoffs have begun at EMI Music Publishing, in the wake of the completion of the company's acquisition by a Sony Corp. of America-led consortium on June 29. Sony-Led Group Closes Purchase of EMI Music Publishing At that close of ...

  17. Vivendi Chairman Jean-Rene Fourtou Takes Charge of Universal-EMI Deal, Report Says

    July 07, 2012 1:18 PM EDT Vivendi chairman Jean-René Fourtou has taken leadership of Universal Music's proposed $1.9 billion acquisition of EMI's recorded-music division, hoping to persuade regulators not to block or overly diminish the deal, according to a repor ...

  18. Universal Music Group Tops Sony To Lead 2012 Mid-Year Market Share

    July 05, 2012 5:42 PM EDT The Universal Music Group continues its reign as the top U.S. distributor of albums and track-equivalent albums, finishing the first half with 30.15% share, which edges out Sony Music Entertainment's 29.93% share, according to Nielsen SoundSc ...

  19. Universal-EMI Merger: European Commision's Statement of Objections Leak (Report)

    July 03, 2012 12:15 PM EDT As the music industry anxiously awaits whether or not Universal Music Group's purchase of EMI Music will be approved by European and U.S. regulators, the media is in overdrive reporting every twist and turn of the labyrinth process as if it w ...

  20. Vivendi Committed to UMG's EMI Purchase, Selling Activision (Report)

    July 02, 2012 9:13 AM EDT Whatever the politics within Vivendi that led to the departure of CEO Jean-Bernard Lévy, the company's senior management team still stands behind Universal Music Group and its planned acquisition of EMI, according to an e-mail UMG chairman an ...

  21. Quincy Jones, Pharrell Williams, Noah '40' Shebib, EMI Win Big at ASCAP Rhythm & Soul Awards

    June 29, 2012 9:00 PM EDT Quincy Jones took home the ASCAP Founders Award, Pharrell Williams was honored with the Golden Note Award, and EMI Music Publishing again took home the publisher of the year honor at Friday (June 29) night's 25th anniversary ASCAP Rhythm and ...

  22. Updated: Sony-Led Group Closes Purchase of EMI Music Publishing

    June 29, 2012 10:54 AM EDT The Sony Corp. of America led investor consortium completed its acquisition of EMI Music Publishing today, just hours after the Federal Trade Commission issued a statement saying it closed its antitrust investigation of the $2.2 billion deal -- wh ...

  23. Essential's Mike Chadwick Clarifies His Position on Universal-EMI Merger With Senate

    June 28, 2012 1:54 PM EDT Mike Chadwick managing director of UK-based Essential Music & Marketing has contacted the US Senate antitrust subcommittee to clarify his stance on the proposed merging of Universal Music Group and EMI, according to Music Week . During last we ...

  24. Universal Accused of Delaying IFPI Market Share Report

    June 27, 2012 2:39 PM EDT Universal Music Group is alleged to have caused a delay to the publication of an IFPI report into market-share by attempting "to put its own spin" on its findings, according to the New York Post . In a story published today (June 27), Th ...

  25. Opinion: Music Labels Are No Longer Gatekeepers, by David Balto

    June 27, 2012 1:28 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division has fostered no small amount of conversation, opinion and commentary, and we're happy to host all three on ou ...

  26. Opinion: Universal-EMI Senate Hearings Filled With Misinformation, Missed Opportunities

    June 26, 2012 5:14 PM EDT Last week's Senate hearing examining the Universal Music Group's pending acquisition of EMI's recorded-music division was a symphony of mission statements, missed opportunities and misinformation. Amid it all, there were some solid ...

  27. Jon Platt to Leave EMI Music Publishing

    June 26, 2012 4:37 PM EDT After 17 years, "Big" Jon Platt will be leaving EMI Music Publishing, a source close to the situation confirmed to Billboard.biz today. Reportedly he made the announcement to his staff this afternoon. Billboard Power 100: Jon Platt Over ...

  28. Universal To Respond To EU Letter of Objections By July 3 (Report)

    June 22, 2012 8:31 AM EDT Universal Music Group's response to the European Union's regulatory commission letter of objections to its proposed merger with EMI will require a response by July 3, according to a report today on Reuters. The story cites a "person ...

  29. Music Execs Debate Promise and Threats of Universal-EMI Merger at Senate Hearing

    June 21, 2012 8:28 PM EDT Some of the music industry's top music executives painted various pictures of the Universal Music Group-EMI merger at a Senate Judiciary subcommittee hearing Thursday afternoon. It was a rare opportunity to see well-known executives queried a ...

  30. EMI-Universal Merger: Labels Gave $500K to Senators Probing Anti-Trust Claims

    June 21, 2012 4:00 PM EDT At least half the members of subcommittee of the Senate Judiciary Committee, which met Thursday to hear testimony on the anti-trust implications of the pending Universal Music-EMI merger, have received campaign contributions from the two music ind ...

  31. Universal's EMI Deal Approved By New Zealand Regulators

    June 21, 2012 10:05 AM EDT Universal's proposed acquisition of EMI Music has been approved by the New Zealand Commerce Commission - the first jurisdiction in the world to do so. Universal Music Group was notified of the regulatory approval earlier today (June 21) and i ...

  32. Highlights From Azoff, Grainge, Bronfman Testimony in Today's Universal-EMI Senate Hearing

    June 21, 2012 8:01 AM EDT At 1:30 p.m. today, the head of Universal Music Group and EMI will appear before a Congressional hearing to argue for the proposed sale of EMI's music catalog to Universal. Both Lucian Grainge and Roger Faxon will act as witnesses in support ...

  33. Business Matters: Lobbying, Spending Heat Up Before Universal/EMI Senate Hearing

    June 20, 2012 6:00 PM EDT Lobbying Heats Up Before Universal/EMI Senate Hearing -- Stakeholders have been spending and strategizing ahead of Thursday's Senate Judiciary subcommittee hearing on Universal $1.9 billion acquisition of EMI Music's recorded-music divis ...

  34. Sean Parker: Universal-EMI Merger Is 'Good Thing for an Industry That Needs Leadership Willing to Drive Change'

    June 20, 2012 8:30 AM EDT New Music Seminar executive director Tommy Silverman (left) interviewing Spotify board member Sean Parker. (Photo: Todd Owyoung) New Music Seminar founder and executive director Tommy Silverman's interview with Sean Parker, tech titan, execut ...

  35. Universal Music Group Receives Statement of Objections From European Commission Over EMI Deal

    June 19, 2012 5:55 PM EDT Universal Music Group has formally received the European Competition Commission's Statement of Objections regarding its proposed purchase of EMI's recorded music department, a step that the company had long expected part of the normal EU ...

  36. Lucian Grainge, Roger Faxon, Irving Azoff to Testify at EMI/Universal Deal's Congressional Hearing

    June 15, 2012 2:04 PM EDT The heads of both Universal Music Group and EMI are expected to appear before a U.S. Congressional hearing June 21 to argue for the proposed sale of EMI's music catalog to Universal, Reuters reports . Both Lucian Grainge and Roger Faxon will ...

  37. Business Matters: Are Market-Based Solution the Future of Music? Ask GreenLight Music, EMI Music Publishing

    June 14, 2012 5:34 PM EDT Market Solutions May Be Answer to Copyright Questions Copyright law isn't broke, but it needs private enterprises to find solutions. Take last week's news that Clear Channel had struck a comprehensive royalties agreement with Big Machine ...

  38. Gary Barlow Tops UK Album and Singles Chart

    June 11, 2012 7:52 AM EDT Take That member Gary Barlow confirmed his expected double victory on the new U.K. sales charts on Sunday (10). His Diamond Jubilee-inspired "Sing" project with the Commonwealth Band on Decca/Universal secured a second week atop the albu ...

  39. Universal Music Publishing Latin America Names John Echevarria EVP; Eddie Fernandez Departing

    June 04, 2012 12:41 PM EDT Universal Music Publishing Group has announced the appointment of John Echevarria as executive VP for UMPG Latin America and confirmed to Billboard.biz that Eddie Fernandez, Sr. VP of UMPG Latin America, is departing. Both men have long careers in ...

  40. Chart Moves: Kimbra Debuts in Top 20 on Billboard 200, McCartney's 'Ram' Returns

    June 01, 2012 8:38 AM EDT The Billboard 200: John Mayer was the big news on the Billboard 200 this week as his Born and Raised album debuted at No. 1, selling 219,000 copies according to Nielsen SoundScan. It's the singer/songwriter's third chart-topper and could ...

  41. Chart Moves: Keane & Karmin's Albums Debut, Pitbull's Not-Quite Career-Spanning Hits Set Arrives

    May 18, 2012 9:55 AM EDT The Billboard 200: As previously reported, Carrie Underwood stayed steady atop the Billboard 200 albums chart for a second week with Blown Away . The set -- her third No. 1 -- sold 120,000 with a 55% drop in sales. Meanwhile, Adele's 21 album ...

  42. Sony Closes Indiana Distribution Center, Lays Off 226

    May 15, 2012 1:23 PM EDT Sony's layoffs keep piling up, as the company has plans to cut 226 jobs from its closing Fishers, Ind. distribution center, according to the Indianapolis Star . Sony CEO Confirms 10,000 Job Cuts, Reorganization The center is scheduled to shut ...

  43. Business Matters: Doing More With Less - A Key Theme at NARM 2012

    May 11, 2012 9:03 PM EDT Doing More With Less -- A Key Theme at NARM 2012 -- The theme at NARM's Music Biz 2012 conference was forced austerity. "We're doing more with less," one major label executive said when asked how his company was doing.Outsourci ...

  44. Senate to Hold Antitrust Hearings on Universal-EMI Deal

    May 11, 2012 7:41 PM EDT A U.S. Senate panel will hold a hearing on Universal Music Group's pending acquisition of EMI's recorded-music division, according to the Wall Street Journal and other media reports. The move adds another step to the complex regulatory r ...

  45. Deezer Signs Worldwide Licensing Deal With Merlin

    May 11, 2012 8:30 AM EDT Merlin CEO Charles Caldas spoke both on his organization's new agreement with Deezer and his disagreenment with the Universal merger. Streaming subscription service Deezer has signed a global licensing deal with independent rights agency Merl ...

  46. MP3tunes.com Files for Bankruptcy

    May 11, 2012 12:44 AM EDT MP3tunes.com announced Thursday that it filed for bankruptcy in San Diego, according to multiple media reports. The company, founded by former MP3.com founder Michael Robertson in 2005, had been battered with lawsuits from EMI since 2007. "Fo ...

  47. Queen Manager Jim Beach on EMI-Universal Deal: EMI Shouldn't Be Owned by a Private Equity Firm

    May 08, 2012 12:00 PM EDT Jim Beach, manager of U.K. rock band Queen, has spoken out in support of the proposed Universal-EMI merger. In a letter published in the British newspaper The Times on May 5, Beach said that: "Today's music business is very different to ...

  48. Universal U.K Partners With Liam Gallagher's Pretty Green Clothing Label To Open Virtual 'Shop-Front' Record Stores

    May 08, 2012 11:02 AM EDT Universal Music U.K. is taking an innovative approach to boosting its sales of vinyl product. Launching May 24, the label is to partner with British fashion company Pretty Green - the clothing label and retail chain set up by former Oasis, now Bea ...

  49. The 'Mad Men' Beatles License Cost $250,000 (Report)

    May 07, 2012 7:05 PM EDT AMC's "Mad Men" has a hard-earned reputation for historical accuracy, and it turns out that production studio Lionsgate is more than willing to finance that. In last night's episode, titled "Lady Lazarus," star ad man ...

  50. L.A. Reid, Martin Bandier, Doug Morris, More Honor Cornerstone's Jon Cohen at Syracuse University Event

    May 04, 2012 6:17 AM EDT (L-R): Cornerstone/Fader's Jon Cohen, Martin Bandier, L.A. Reid, and Doug Morris. (Photo: Ben Gabbe) ( Disclosure: The author of this article, Billboard.biz editor Jem Aswad, graduated from Syracuse University and has appeared as a lecturer a ...

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