Chatter galore about SonyBMG deal
Analysts say Sony Corp got a good price for Bertelsmann's half of SonyBMG, at $900 million plus $300 million, with the deal affecting wider industry valuations.…
EMI
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EMI sell Chinese ventures
EMI has sold its share in two Hong Kong labels and EMI Music Taiwan to its joint venture partner Typhoon, led by Norman Cheng.…
Rolling Stones sign to Universal
Universal has signed The Rolling Stones to an exclusive worldwide deal covering future albums through Polydor, and the band's back catalogue moves across from EMI.…
Former Pumpkins sue Virgin
Former Smashing Pumpkins members James Iha and D'Arcy Wretzky-Brown are suing EMI's Virgin Records America for unpaid shares of digital download income.…
Kobalt appoints former BMI man Nick Robinson as Senior VP Business Development
Music publisher Kobalt has appointed Nick Robinson, formerly of US royalty society BMI, as Senior VP Business Development, based in London to find new writers and artists.…
Former EMI executive Will Waddington joins Tixdaq.com as COO and CFO
Ticket price checker Tixdaq.com has appointed former EMI executive Will Waddington as COO and CFO, as it moves from start-up to operational business.…
EMI outsources UK distribution to CEVA
EMI is outsourcing its UK physical distribution to logistics firm CEVA, a move that will affect staff at its Leamington Spa distribution centre, which is subject to a consultation process.…
Guy Hands memo says EMI back in profit
According to a memo seen by Billboard, EMI chief Guy Hands says the recorded music division returned to profit in the first quarter, with a gross profit of £59.2 million.…
Peter Gabriel says labels should become service providers
Peter Gabriel tells the BBC that record companies should reinvent themselves as service providers rather than owners of music, and that labels need to be more flexible.…
EMI US plan vinyl reissues
EMI US plans a 'From The Capitol Vaults' series of vinyl reissues, including recordings by Coldplay, A Perfect Circle, Steve Miller Band and Radiohead.…
7Digital confirm MP3 sales boom
7Digital reports a 300% rise in MP3 sales in the first half of the year, partly reflecting Warner Music's catalogue joining EMI's on DRM-free MP3.…
EMI settle with InfoSpace
EMI has settled a lawsuit with InfoSpace over alleged unlicensed ringtones of its publishing catalogue, with settlement terms undisclosed.…