Citigroup Takes Over EMI

EMI, one of the big four label groups, has been sold to Citigroup. The group was sold by Terra Firma, an equity firm that had bought it in 2007 for $4.2 billion. The label group was acquired in a debt for equity swap, which reduces EMI’s debt from 3.4 billion...

Warner Music Group Up For Sale And/Or Buying EMI?

DigitalMusicNews is reporting that Warner Music Group is rumored to be up for sale. WMG is apparently has Goldman Sachs trying to help them find a buyer to get out of the music industry all together. Among the many potential purchasers is Kohlberg Kravis Roberts...

Will Warner Music Group Buy EMI?

Warner Music Group recently bought the remaining financial stake in Roadrunner that they didn’t already own, but rumors are suggesting their shopping spree might not be over yet. Beleaguered  label group EMI could use a bailout, and if you believe industry...