Warner Music Group, Universal Music Group and other potential EMI Group plc acquirers may put in any billion-dollar bid for a takeover of the United Kingdom music company.
However, suitors are vying for parts or all of EMI could hit more speed bumps if they bid for the London-based recording company, whose biggest artists to date have been Grammy Award winners Coldplay and Lady Antebellum, respectively , may be broken up, cut lose or divest of any additional music copyrights.
According to Billboard.biz, any sale or split-up of EMI Music and EMI Music Publishing could be worth three billion dollars for the entire company.
There has been no truth about where EMI is heading toward the end of the company's 113-year run in operation. For nearly 115-+ years, EMI Music - nee Electric and Musical Industries - has long been at the heart of the recorded-music entertainment industry and is the longest-running music entertainment company in the electronic-media age.
EMI executives, employees, artists and songwriters may reach the Blogger weblog Pop Culture Fanboy for more information.
UMG snatched EMI for one reason: The iconic recording company, whose history traces back more than 100 years, is no more.
Posted by: Mr. Funny Bones | 11/16/2011 at 10:21 AM