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EMI...going...going...gone.
Former ownners CitiGroup has sold off the label's recorded music division to the Vivendi/Universal Music Group for $1.9 billion, while the publishing arm has been bought by Sony/ATV for $2.2bn.
The deals still have to pass European and U.S. regulating committees, and the Independent Music Companies Association (IMPALA) - which represents European independent labels - has already objected to the sales, telling the European Commission that the mergers would create monopolies.
The sales end nine months of speculation over the future of the company following Citigroup's takeover.
Source: Pitchfork ![]()
Artist Biography
The Beatles were an English rock band formed in Liverpool in 1960 and one of the most commercially successful and critically acclaimed acts in the history of popular music. The group's best-known lineup consisted of John Lennon (rhythm guitar, vocals), Paul McCartney (bass guitar, vocals), George Harrison (lead guitar, vocals) and Ringo Starr (drums, vocals). Rooted in skiffle and 1950s rock and...
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Unlimited edition
With an unlimited supply
That was the only reason
We all had to say goodbye....
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