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universal music articles

Anonymous goes on DDoS rampage after MegaUpload shutdown

The loosely knit online hacker collective went on the rampage yesterday afternoon after news broke that several Megaupload.com staff members had been arrested, including its founder Kim Dotcom. They are accused of online piracy and the popular file sharing service…

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…