EMI Group was a British transnational music conglomerate founded in London in March 1931, its name being short for Electric and Musical Industries. At the time Universal Music acquired its recorded music arm in 2012 it was the fourth largest business group in the music industry and one of the Big Four record companies. Its labels included EMI Records, Parlophone, Virgin Records and Capitol Records. Once listed on the London Stock Exchange, it was sold to Terra Firma Capital Partners in 2007, accumulated heavy debt, passed to Citigroup in 2011, and was then broken up. Most labels went to Universal, Parlophone went to Warner Music, and the publishing business went to a Sony-led consortium.
Facts
Founded Year Chronology
Dissolved Year Company Type
Company Type (category) Connections
Sources
1. EMI (Wikipedia)
Lead, first paragraph
was a British transnational conglomerate founded in March 1931 in London
Lead, first paragraph [company-type-category]
was a British transnational conglomerate
Infobox: defunct
28 September 2012
Infobox: num_employees
5,500 (2008)
Infobox: fate
Split up: EMI Music Publishing acquired by a consortium led by Sony Music Publishing comprising Sony Corporation of America The estate of Michael Jackson Mubadala Development Company PJSC Jynwel Capital Limited The Blackstone Group's GSO Capital Partners LP David Geffen (later wholly owned by and absorbed into Sony/ATV) Warner Music Group acquired Parlophone, Chrysalis Records (UK artists and Ramones catalogue until 2016), EMI Classics, Virgin Classics, 2CD Originals Series and EMI's Belgian, Czech/Slovak, Danish, French, Norwegian, Polish, Portuguese, Spanish and Swedish operations (including Russian EMI partner SBA/Gala and Chinese EMI partner Gold Typhoon) Universal Music Group acquired Capitol Records, Virgin Records, The Blue Note Label Group, Positiva Records and most of the international operations amongst the bulk. BMG Rights Management acquired Mute Records and Virgin Music Publishing Blue Raincoat Music (parent since 2019 is Reservoir Media Management) in 2016 acquired the Chrysalis British catalogue (except 3 artists and Ramones)
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