EC expected to approve Terra Firma EMI purchase
The European Commission is expected to approve Terra Firma's proposed takeover of EMI within two weeks, ahead of a new 13 July deadline for shareholders to commit.…
EMI
866 posts
DRM-free EMI sign up to SnoCap
EMI has signed with SnoCap, enabling DRM-free downloads to be sold directly from MySpace pages and blogs of its artists, unlike Warner's DRMed deal.…
Retailers hit back at Prince covermount
UK retailers have criticised a Mail On Sunday covermount of Prince's new album, which led SonyBMG to pull out of distributing the CD in the UK.…
Terra Firma extend EMI group takeover offer
Terra Firma has extended its £2.4 billion takeover offer for the EMI Group to 4 July, after gaining acceptances from about 3.5% of shareholders.…
VidZone sign up EMI's DRM-free catalogue
EMI has signed a major licensing and distribution deal with VidZone Digital, giving the online and mobile music service access to its full DRM-free catalogue.…
Qtrax confirm all majors on board
Ad-supported P2P network Qtrax says it has deals with all four major labels, with EMI and Warner already confirmed and SonyBMG and Universal now also said to be on board.…
Will Warner stage one more EMI bid?
Warner Music is reportedly expected to make a higher bid for EMI shortly before the deadline for Terra Firma's takeover offer closes, though commentators are divided.…
Paul McCartney reportedly close to long-term deal with Starbucks
Paul McCartney is reportedly close to signing a multiple-album deal with Starbucks' Hear Music after Memory Almost Full reached number three in the US.…
Counter-bid for Sanctuary rumoured
Private equity firm Crosby Capital Partners is reportedly considering a counter-offer for Sanctuary, following Universal's 20 pence per share takeover bid.…
Former EMI chief got multi-million pay off
EMI's annual report reveals former recorded music chief Alain Levy received a £2.5 million compensation package on leaving, plus £1.1 million in incentive pay and share options.…
Ringo Starr catalogue going online
Ringo Starr's solo catalogue will be available through download stores from the end of August under a new deal with EMI.…
Moby signs US deal with Mute
Moby has signed a US recording deal with EMI's Mute, after V2 stopped releasing new pop and rock music, though V2 will still manage his four released US titles.…