Warner Music Group

Will Music Lovers Care When Record Labels Go Extinct?

Prerecorded music has been a fading industry for years, and herding struggling labels together will only make it that much easier to identify the remains. And there aren't too many people mourning major labels' passing.

EMI May Attract Takeover Bids

EMI Group, owner of the rights to songs by bands including the Beatles, Pink Floyd and Deep Purple, may attract takeover bids as pressure mounts for the company to sell assets. Warner Music Group and BMG Rights have both previously expressed an interest in buying EMI%u2019s publishing assets, Bloomberg News said. BMG, a music-rights company, said it%u2019s interested in EMI%u2019s catalog.

Vampire Weekend Scores an Indie-Label Victory

New York City indie-pop band Vampire Weekend took its new album, Contra, to no. 1, evicting bad-girl pop star Ke$ha and fending off video sensation Susan Boyle. Vampire Weekend's feat signals more public interest in independent artists and labels without direct links to giant media corporations.