So, EMI Is Pretty Much Screwed

Here’s more on the “EMI is probably fucked” beat. There’s so much bad news in here, I’m not sure where to start. First off many are viewing March as a make-or-break month for the embattled company. Last week, U.S. judge promised to rule...

Documents: EMI Was Almost Broken Up

According to court documents filed in New York, the chairman of Terra Firma Capital Partners Ltd., owners of  EMI Group, proposed to break up the music company in November. Guy Hands proposed splitting the group’s music publishing and recorded music divisions in...

US Music Purchases Rise In 2009

US music purchases rose 2.1% in 2009 according to Nielsen SoundScan, including the sales of digital and physical albums, singles and videos. Overall album sales were still down, however, dropping 8.5% to 490 million, though digital album sales rose again to 16.1%,...