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EMI also owns the recorded catalogue of Philles Records, with distribution handled by Sony's Legacy Recordings. EMI's music publishing operations were sold to a consortium led by Sony/ATV Music Publishing in 2012; BMG acquired the music publishing libraries of Virgin Music (which EMI held) and Famous Music UK (which Sony/ATV held). Criticism
- 31 March 1931; 92 years ago
- 5,500 (2008)
- Founding CEO Lenard John Brown, Roger Faxon (Former CEO), Ruth Prior (Former CFO)
- Westminster, London, England, United Kingdom
EMI Music Publishing Ltd. is a British multinational music publishing company headquartered in London, owned by Sony Group Corporation. In May 2018, Sony Music Publishing agreed to increase its stake in EMI to 90%, pending regulatory approval.
Sep 28, 2012 · Universal Music Group (UMG) has concluded its £1.2 billion acquisition of EMI Recorded Music. The buyout had faced strong opposition, particularly in the EU – where the European Commission has enforced divestments from the deal including the Parlophone Label Group.
- Music Business Worldwide
Nov 14, 2018 · The closing of the $2.3bn deal means that Sony is acquiring the final 60% of EMI, which becomes a wholly-owned subsidiary of Sony. Other companies wholly owned by Sony Corp include Sony/ATV Music Publishing – into which EMI Music Publishing is now expected to merge – plus Sony Music Entertainment.
Jun 16, 2020 · Universal Music Group acquired both the Virgin Records and EMI Records brands as part of its £1.2bn ($1.9bn) buyout of EMI Music in 2012. “The appointment of Becky Allen is a testament to our long-term commitment, and our adamance that the EMI name will mean as much to a new generation of artists and fans as it did for mine.”
- Tim Ingham
Nov 15, 2018 · In 2012, alongside Mubadala Investment, Sony Music Entertainment purchased a significant stake in EMI Music Publishing. EMI owns and administers over two millions songs.
Jun 16, 2020 · Rebecca Allen. LONDON, June 16th, 2020: Universal Music Group has mapped out a bold new future for one of the most renowned British record labels of all time with Virgin EMI being renamed EMI Records with immediate effect.