More EMI takeover rumours
Former EMI boss Jim Fifield is reportedly raising funds, including from the Qatari royal family, for a rival bid to buy EMI.…
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Corvus confirm they are out of the EMI race
Corvus Capital has said it will not bid against Terra Firma for EMI, and the FT reports another consortium will not try to outbid it either.…
Linkin Park score fastest selling US album of the year so far
Linkin Park's album Minutes To Midnight debuted at number one in the US with 622,000 first-week sales, the fastest of the year so far.…
Mail On Sunday defends covermounts
Mail On Sunday managing director Stephen Miron has defended covermount CD giveaways in a Music Week advert, responding to criticism from Mike Oldfield over the Tubular Bells giveaway.…
More takeover speculation on EMI and Sanctuary
Speculation continues over EMI's ownership after its board backed Terra Firma, with reports Warner and Universal may consider a bid for Sanctuary, and some expecting a bidding war.…
EMI board approve private equity bid from Terra Firma
EMI's board has recommended shareholders accept a 265p per share cash offer from private equity firm Terra Firma, five pence above Warner's latest bid.…
Warner look to take risk out of EMI bid with break fee
Warner Music has reportedly offered EMI a break fee of £50 million to £100 million should EU regulators block its takeover bid, as it competes with private equity bidders.…
EMI opens its books to possible buyers
EMI is reportedly giving potential buyers access to its books so they can conduct due diligence, as Warner Music and private equity firms weigh bids for the struggling major.…
Free downloads help boost school attendance in Manchester
A Manchester schools initiative offering free music downloads to pupils with full or improved attendance reportedly recorded a 45% rise in attendance, with over 14,000 pupils achieving 100% during the spring term.…
EMI sign DRM free deals with others
EMI has signed DRM-free distribution deals with VirginMega in France and several Scandinavian services, offering higher-quality files.…
Industry backs Mike Oldfield in covermount CD debate
A Music Week poll finds 89.9% of respondents back Mike Oldfield's anger over EMI giving away 'Tubular Bells' with the Mail On Sunday.…
Oldfield not impressed with Tubular Bells covermount
Mike Oldfield has criticised EMI for giving away Tubular Bells with the Mail On Sunday without consulting him, saying it devalues his music.…