Emi articles

Citigroup sells EMI Music for $4.1 billion

British music company EMI has reportedly been split up and sold to two separate groups for a sum of $4.1 billion. A Sony-led group will acquire the publishing operation for $2.2 billion while Universal Music Group will obtain EMI’s recorded-music…

Spotify signs US deal with EMI, two more labels to go

Spotify has reportedly struck a deal with EMI Music, meaning the company has achieved the second step necessary for a US launch. Unsurprisingly, both EMI and Spotify declined to comment, according to All Things Digital.