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Tag Archives: EMI

Spotify Signs Deal With Universal, One Step Closer To U.S. Debut

Posted by on June 13, 2011

The European music service’s U.S. debut has been a work in progress for over two years now. While recently made upgrades and rumored partnerships have showed promise, Spotify’s headway in securing licensing deals is making its U.S. debut even more likely. The Wall Street Jounal’s All Things Digital is reporting that Spotify has secured a […]

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Headbangers’ Brawl 5/6: Greatest Hits Overload?

Posted by on May 6, 2011

Headbanger’s Brawl is a weekly column where Metal Insider’s Bram and Zach take a moment to debate and analyze two opposing sides of a topical issue occurring in the world of metal and/or the music industry. Today, EMI announced that they will be releasing a new Iron Maiden hits package called From Fear To Eternity: […]

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New Megadeth Reissue To Feature Liner Notes From Lars Ulrich

Posted by on April 19, 2011

To celebrate the 25th anniversary of  Megadeth’s Peace Sells…But Who’s Buying?, EMI/Capitol Records will release a remastered and expanded version of the album on July 12. The multiple configurations of the reissue will include a previously unreleased 1987 concert from the band’s first world tour and new liner notes written by Dave Mustaine himself and Metallica’s Lars Ulrich.

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The Bidding War For WMG Increases

Posted by on April 11, 2011

Since it was revealed that Warner Music Group would be up for sale, rumors of possible bidders have swamped the internet. At one point, it was rumored that Napster co-founder Sean Parker was a part of California billionaire Ron Burkle’s group who were bidding on WMG’s recording and publishing units. But according to numerous sources, […]

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Spotify Reportedly Secures Deal With EMI

Posted by on February 21, 2011

We’ve been reporting how Spotify’s U.S. debut has been on and off for a while now. Recently, hopes were high after the European music subscription service was reportedly close to an agreement with Sony, only for it to end up being downplayed again. However, while an official announcement is expected to be made soon, Digital […]

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Warner Music Group Experiences 8th Straight Quarterly Loss

Posted by on February 8, 2011

Looks like Sony isn’t the only one who experienced a poor fourth quarter this year. DigitalMusicNews.com reports that Warner Music Group’s fourth quarter revenue experienced a 13 percent slip to $752 million, while full-year revenues dropped 7 percent to $2.98 billion. This marks the 8th straight quarterly loss for WMG. Music publishing revenue also took a […]

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Citigroup Takes Over EMI

Posted by on February 1, 2011

EMI, one of the big four label groups, has been sold to Citigroup. The group was sold by Terra Firma, an equity firm that had bought it in 2007 for $4.2 billion. The label group was acquired in a debt for equity swap, which reduces EMI’s debt from 3.4 billion Pounds to 1.2 billion Pounds, […]

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Warner Music Group Up For Sale And/Or Buying EMI?

Posted by on January 21, 2011

DigitalMusicNews is reporting that Warner Music Group is rumored to be up for sale. WMG is apparently has Goldman Sachs trying to help them find a buyer to get out of the music industry all together. Among the many potential purchasers is Kohlberg Kravis Roberts (KKR). What makes this all seem weird, though, is that […]

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New Label Signs Sleeping Giant, The Great Commission

Posted by on January 20, 2011

ANGR (Ain’t No Grave Recordings, a new label launched in conjunction with Century Media Records and EMI) has signed Sleeping Giant and The Great Commission as their first signings.

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Will Warner Music Group Buy EMI?

Posted by on November 22, 2010

Warner Music Group recently bought the remaining financial stake in Roadrunner that they didn’t already own, but rumors are suggesting their shopping spree might not be over yet. Beleaguered  label group EMI could use a bailout, and if you believe industry chatter, Warner could be the ones to do it, buying EMI’s recorded music catalog […]

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