The Big Four Become The Big Three… Labels
Posted by Bram Teitelman on November 11, 2011
Oh, you thought we were talking about the bands? Nope, they’re still intact. However, EMI’s recorded music division has been sold to Vivendi, who owns the Universal Music Group. The $1.9 billion sale of the label group from Citigroup comes ahead of the expected sale of EMI’s more lucrative music publishing division to an investment group […]