EMI

  1. Sergio Lopes Replaces Diana Rodriguez At Capitol Latin; Camilo Lara Leaves EMI Mexico

    February 11, 2011 2:34 PM EST UPDATE: Late Friday more changes at EMI Latin took place when news broke that Camilo Lara, chairman of EMI Mexico, left his post. Lara had been named chairman in 2008 and also oversaw A&R for the region. Lara is also a DJ, producer and recordi ...

  2. How Citigroup Outfoxed Guy Hands In Its Takeover Of EMI

    February 03, 2011 2:15 PM EST While press reports on Citigroup's takeover of EMI are rife with phrases about how the bank "seized control" (New York Post) in a "surprise move" (Los Angeles Times) that apparently caught Terra Firma chairman Guy Hands of ...

  3. EMI: A Look Back At The Guy Hands Era

    February 02, 2011 6:09 AM EST Citigroup's takeover of EMI finally brings to an end Terra Firma's incredible three-and-a-half year ownership. Purchased for £4 billion ($6.3 billion) in May 2007 at the height of the credit market, EMI turned out to be a disastrous inve ...

  4. Exclusive: EMI CEO Roger Faxon Talks Citigroup Takeover

    February 01, 2011 5:42 PM EST On the day that Citigroup assumed control of EMI , EMI Group CEO Roger Faxon was a busy man, but he took a few minutes to talk with Billboard . Billboard : This deal gives Citigroup a lot more flexibility and it gets EMI out of the Terra Firma box ...

  5. Now That Citigroup Has Taken Over EMI, What's Next?

    February 01, 2011 4:26 PM EST Citigroup's earlier-than-expected takeover of EMI Group and its recapitalization of the company's balance sheet effectively presses the fast-forward button on a resolution of the major label group's fate. The bank had been widely ex ...

  6. Citigroup Takes Over EMI

    February 01, 2011 11:36 AM EST Citigroup has acquired EMI Group and has recapitalized the major label group in a debt-for-equity swap, the two sides announced Tuesday. As a result, the company's debt has been reduced by 65% from £3.4 billion to £1.2 billion, and the compan ...

  7. EMI And Warner Music: Destined To Be Together?

    January 28, 2011 10:05 AM EST No matter what happens to EMI or Warner Music Group (WMG), it always seems that speculation about their respective fates is intertwined with that of the other. That was true during the protracted will-they-or-won't-they merger speculation tha ...

  8. simfy, German Music Streaming Service, Signs Licensing Deal For EMI's Music

    January 25, 2011 12:00 AM EST After nine months of negotiations, the Cologne-based online music service simfy has signed a licensing contract with CELAS. The contract allows simfy until the end of 2011 to offer its German, Austrian and Swiss users EMI Music Publishing's A ...

  9. Warner Music and EMI For Sale? It Could Happen, Insiders Say

    January 21, 2011 12:00 AM EST All hell has broken loose in the music business: The Warner Music Group will be shopped while it prepares to buy EMI, should that company come up for sale, according to reports. Sources told The New York Times that the private equity firms that ow ...

  10. Warner Selling Publishing To Buy EMI Without Regulatory Scrutiny, Sources Say

    January 21, 2011 12:00 AM EST A person familiar with the matter says Warner Music Group's search for a buyer of its publishing arm, Warner/Chappell, is partly intended to clear a path for it to buy all of British recording giant EMI. The person wasn't authorized to s ...

  11. Warner Music and EMI For Sale? It Could Happen, Insiders Say

    January 21, 2011 12:00 AM EST All hell has broken loose in the music business: The Warner Music Group will be shopped while it prepares to buy EMI, should that company come up for sale, according to reports. Sources told The New York Times that the private equity firms that ow ...

  12. Report: Warner Hires Goldman Sachs to Find Buyer (and Seller)

    January 20, 2011 12:00 AM EST Warner Music Group has hired investment bank Goldman Sachs to find a potential buyer for all or part of the company, according to a report by the New York Times' DealBook blog . Warner is said to have been approached in recent months by priva ...

  13. U.K.'s Major Label Heads Rally Around Beleaguered Music Retailer HMV

    January 20, 2011 12:00 AM EST Music and books retailer HMV has appointed accountancy firm KPMG to advise on its debt and help it meet an April test of its borrowing rules, a source familiar with the situation said. The source said Thursday that KPMG, already an adviser to HMV, ...

  14. Analysis: Labels Began Phasing Out CD Manufacturing Plants A Decade Ago

    January 13, 2011 12:00 AM EST Yesterday we reported that Sony Music is closing a CD manufacturing plant in New Jersey. This is more than just a reaction to the current woes of the CD format. Sony's move out of CD manufacturing is just the latest example of major music com ...

  15. Canadian Labels Agree to Pay Songwriters $47.5 Million

    January 11, 2011 12:00 AM EST Canada's four major record labels have agreed to pay $47.5 million (U.S. $48 million) in damages to songwriters for copyright infringement and overdue royalties, the Toronto Sun reports . As part of their settlements the labels also agree to ...

  16. Business Matters: Terra Firma To Appeal Citigroup Ruling; WMG's Revenue Forecast Drops; RapidShare Fights For 'Free Speech'

    January 11, 2011 12:00 AM EST Terra Firma To Appeal Technical Aspects of Citigroup Case -- Terra Firma has filed for leave to appeal and will challenge technical aspects of its trial with Citigroup, Private Equity News reported on Tuesday. Terra Firma will not challenge the ve ...

  17. Business Matters: Is EMI Going To Citigroup Sooner Than Later?

    January 10, 2011 12:00 AM EST Is Terra Firma Handing Over EMI to Citigroup Sooner Than Later? -- Terra Firma may hand over EMI to Citigroup within weeks and buyers have been lined up for its recorded music and publishing divisions, according to a weekend report in The Guardian ...

  18. Beatles iTunes Deal Pays Royalties Directly to Band, Publisher, Sources Say

    January 04, 2011 12:00 AM EST Four decades since their breakup, the Beatles are still sticking with their trailblazing ways. It seems that the EMI/Beatles deal that finally brought the Fab Four's catalog to iTunes may be more groundbreaking than originally thought. Accord ...

  19. Pink Floyd Signs Five-Year Deal With EMI Despite Past Lawsuits

    January 04, 2011 12:00 AM EST Pink Floyd has signed a new five-year global partnership with EMI Music, the company announced on Tuesday. The deal allows Pink Floyd's long-time record label to continue marketing and distributing the band's catalog. The deal is a high- ...

  20. The Beatles' Abbey Road Pedestrian Crossing Wins Protected Status

    December 22, 2010 12:00 AM EST The most famous pedestrian crossing in popular music, outside Abbey Road Studios in north London, was designated a site of national importance by the British government on Wednesday. Beatles fans from around the world flock to the road to pose for ...

  21. Business Matters: Will Apple and Google Bid on EMI?

    December 22, 2010 12:00 AM EST Will Apple and Google Bid on EMI? -- Now that Citigroup's takeover of EMI seems to be a near certainty, it's time for the pundits to ponder possible acquirers. If history offers any lesson it is that Apple and Google will be frequently c ...

  22. Business Matters: BMG Wants EMI's Back Catalog More Than Its Publishing

    December 20, 2010 12:00 AM EST BMG Covets EMI Group's Back Catalog More Than Its Publishing -- BMG Rights Management is interested in EMI Group's recorded music back catalog rather than its publishing division, BMG Rights CEO Hartwig Masuch told MusicWeek . "Inte ...

  23. Business Matters: Vevo Leapfrogs Viacom in Online Video Rankings

    December 17, 2010 12:00 AM EST Vevo Leapfrogs Viacom in Online Video Rankings - comScore's U.S. online video rankings for November 2010 show that Vevo ranks Number 3 in total unique viewers with 50.3 million. Viacom Digital, which includes MTV.com, VH1.com and CMT.com, ran ...

  24. From Apple to EMI: Former iTunes Exec Joins Capitol & Virgin Label Group

    December 16, 2010 12:00 AM EST Seems like Apple and the major labels won't stop trading execs anytime soon. This time it's iTunes director of global music initiatives Alex Luke jumping ship to EMI, where he will serve as executive VP of A&R at Capitol & Virgin ...

  25. Business Matters: Terra Firma Close to Losing EMI, Reports Say

    December 13, 2010 12:00 AM EST Opinion and analysis of the day's music news. TERRA FIRMA COULD LOSE EMI BY CHRISTMAS -- Reports out of the U.K. claim Terra Firma could lose EMI by Christmas. The paper said Terra Firma chief Guy Hands has told investors to expect the worst ...

  26. Publishing Briefs: Sheer Publishing, EMI Music Publishing, Bug Music and more

    December 06, 2010 12:00 AM EST -- In a joint venture agreement, pigFACTORY Music and Sindee Levin Music will serve as the sub-publisher in the U.S. and Mexico for South African music publishing company Sheer Publishing . Sheer Publishing is comprised of Pan-African music. " ...

  27. HMV Backs New Artists With U.K. Fest

    December 02, 2010 12:00 AM EST U.K. entertainment retailer HMV is bringing back its Next Big Thing festival in London, Birmingham and Edinburgh in February. The second edition of the event for more than 100 emerging artists is taking place from Feb. 4-13. HMV is staging the eve ...

  28. What Next For Robbie Williams?

    December 01, 2010 12:00 AM EST When the Conservatives and Liberal Democrats formed a coalition after the May 2010 general election in the U.K., there were plenty who said it could never last. Six months on and former Conservative prime minister Sir John Major reckons the partie ...

  29. Mute Moves Into Management

    November 30, 2010 12:00 AM EST The Mute label, relaunched as an independent by original founder Daniel Miller albeit with an elaborate arrangement with EMI , has revealed plans to enter the artist/producer management business. The new version of Mute was unveiled in September a ...

  30. Billboard Q&A: Chrysalis' Chris Wright & BMG's Hartwig Masuch

    November 26, 2010 12:00 AM EST In just three weeks, Germany's rapidly expanding BMG Rights Management has reached an agreement on what must be its biggest deal to date: a £107.4 million ($168.6 million) offer - already accepted by 73.4% of shareholders - for British music ...

  31. BMG Acquires Chrysalis

    November 26, 2010 12:00 AM EST BMG Rights Management has agreed a deal to acquire Chrysalis for £107.4 million ($168.6 million). It follows three weeks of talks between BMG and Chrysalis, one of the world's biggest independent publishers. The company has a 100,000-strong c ...

  32. Deane Cameron To Receive Junos Honor

    November 24, 2010 12:00 AM EST EMI Music Canada president Deane Cameron, who has been integral to the success of artists including Anne Murray, Nickelback, k-os, Serena Ryder and Tom Cochrane, will receive the Walt Grealis special achievement award at the 40th anniversary of Ca ...

  33. Reggaeton Star Don Omar Signs With EMI Music Publishing

    November 23, 2010 12:00 AM EST Reggaeton star Don Omar, whose new single “Danza Kuduro” is currently at No. 1 on Billboard’s Hot Latin Songs chart, has signed a global administration deal with EMI Music Publishing. The deal includes the rights to songs on Don Omar’s new album, ...

  34. Emusic Adds Major Labels, Higher Price Tiers

    November 19, 2010 12:00 AM EST Digital music subscription club eMusic launched a new pricing plan this week that charges more for new music but adds tunes from major labels in an effort to broaden its appeal. In the past, the site focused on indie labels and offered discounts o ...

  35. Guys Hands Focuses On 'Next Deal'

    November 19, 2010 12:00 AM EST In his first public comments since losing a lawsuit against Citigroup over the EMI deal, Guy Hands said his buyout firm Terra Firma would have "looked like geniuses" if it had not bought EMI Group in 2007. He was speaking at the Nov. 18 ...

  36. Business Matters: EMI, The Beatles, Rhapsody, Girl Talk and more

    November 17, 2010 12:00 AM EST Opinion and analysis of the day's music news. EMI: Beatles Exclusive With iTunes Into 2011 -- EMI says the Beatles "are exclusive with iTunes into 2011." Taken literally, that could mean the exclusive ends in about six weeks. In any ...

  37. Five Things Missing From The Beatles/iTunes Deal

    November 16, 2010 12:00 AM EST One striking aspect of the newly available Beatles albums on iTunes is that they weren't accompanied by the release of more digital bells and whistles. When EMI Music reissued all of the band's albums on CD last year, every title boasted ...

  38. Five Reasons Why The Beatles' Arrival On iTunes Still Matters

    November 16, 2010 12:00 AM EST It's tempting to dismiss the Beatles' long-delayed arrival on iTunes as a non-event. After all, it's been more than seven years since iTunes began selling music. And EMI Music reissued the band's entire discography on CD barely ...

  39. Beatles On iTunes: The Story Behind the Deal

    November 16, 2010 12:00 AM EST From the day iTunes launched nearly 10 years ago, the questions started over when the Beatles catalog would be added to the digital music store. As iTunes influence grew in scope and power -- eventually becoming the world's largest digital re ...

  40. Business Matters: Regulatory Hurdles In EMI's Future

    November 15, 2010 12:00 AM EST Opinion and analysis of the day's music news. -- If EMI takes the path many people expect, regulatory hurdles are likely to be a part of its future. Now that Terra Firma has lost its lawsuit against Citigroup , many people expect EMI - at lea ...

  41. Report: Warner Planning Bid For EMI's Record Company

    November 15, 2010 12:00 AM EST Warner Music is planning a £470 million ($750 million) bid for EMI's recorded music division, according to media reports over the weekend , and may file a proposal with Terra Firma in the next few weeks. This news comes less than two weeks af ...

  42. Queen Signs To Universal In Another Blow To EMI

    November 08, 2010 12:00 AM EST British band Queen has signed to Universal Music Group after nearly 40 years with EMI, and preparations are under way for the release of remastered versions of Queen's studio albums in 2011. The switch, first reported in May and confirmed tod ...

  43. Business Matters: EMI, Pricing Strategies, 'Share' and more

    November 05, 2010 12:00 AM EDT Opinion and analysis of the day's music news. The Future of EMI -- After Terra Firma’s loss to Citigroup in a New York courtroom, the prognosticators started thinking about EMI’s future. Here’s a sample: • “…the court case certainly ...

  44. Business Matters: Radio Listening Dips, LimeWire Cuts Staff and more

    November 02, 2010 12:00 AM EDT Opinion and analysis of the day's music news. Study: Radio Listening Dips -- American youths are spending more time on the Internet and less time listening to radio, according to a new Edison Research study of 12- to 24-year-olds. Daily radio ...

  45. Business Matters: Terra Firma, Tammy Genovese, Pandora and more

    November 01, 2010 12:00 AM EDT Opinion and analysis of the day's music news. How Much Could Terra Firma Be Awarded In Lawsuit? -- The Wall Street Journal humorously downplays the impact of huge – but reduced – potential damages in Terra Firma’s lawsuit against Citigroup. L ...

  46. Chrysalis Confirms Merger Talks

    November 01, 2010 12:00 AM EDT London-based Chrysalis Group confirmed today (Nov. 1) that is in discussions for merger opportunities. Chrysalis had interest from various publishers in late 2007 and early 2008 including Bug Music. But EMI was the only company to make a formal bi ...

  47. Terra Firma's 'Speculative' Testimony Disallowed

    October 29, 2010 12:00 AM EDT Wednesday night turned out to be a costly one for Guy Hands dreams as billions of dollars in potential damages went up in smoke when the theories behind them were disallowed in the lawsuit between Terra Firma and Citigroup. According to press repo ...

  48. Citi Banker In Trial Over EMI Says Truthful To Hands

    October 25, 2010 12:00 AM EDT Citigroup Inc banker David Wormsley, testifying in a civil fraud trial pitting the word of Terra Firma private equity chief Guy Hands against his, said on Monday he was "always truthful and honest as I could be" with Hands. Wormsley wrot ...

  49. Lawsuit: Whitley Family Members Seek Unpaid Royalties From Sony

    October 22, 2010 12:00 AM EDT Lorrie Morgan, the widow of late country artist Keith Whitley, and their children, have filed suit against Sony Music Entertainment, claiming that the major label has underpaid Whitley royalties by $1 million. Most of the underpaid royalties appea ...

  50. Financier Hands Spars With Citi Lawyer In Court

    October 22, 2010 12:00 AM EDT Financier Guy Hands, who accuses a onetime friend at Citigroup Inc of lying to him about bids for EMI music company, sparred in court on Friday under cross-examination about why he did not call the banker to clear the air. Hands, the head of Europ ...

Pages