emi

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.

Citigroup Could Claim EMI, Label of the Beatles, Pink Floyd

EMI, the legendary recording industry titan, is facing possible bankruptcy. The storied label responsible for releasing albums by the likes of the Beatles, Pink Floyd and Coldplay is in danger of defaulting on its debt and being taken over by Citigroup, its largest creditor.

Dark Side of the Download: Pink Floyd Wins Ruling

Pink Floyd won a key ruling against EMI Thursday that could end the sale of its single tracks online -- but the record label immediately disputed the verdict. The court ruling was seen as a win for artist control against record labels at a time of wrenching change in the recording industry.

Abbey Road Studios Headed for the Bargain Bin?

Abbey Road Studios in London, possibly the best known music studio in the world and the site where the Beatles recorded most of their music, may be up for sale by financially strained British label EMI.