EMI Consolidation With Sony and Universal Prompts Scrutiny and Opposition

The $4.1-billion deal calls for Universal to acquire EMI's recorded music division from Citigroup for $1.9 billion and Sony to acquire EMI's music publishing business for $2.2 billion.The century-old EMI Group music company has been split in two and sold for $4.1 billion to Universal Music Group and Sony Corp.

Clive Corcoran submits:The following brief item appeared in Music Week on February 11th:

EMI Group Ltd., the iconic British music company that is home to The Beatles, Coldplay and Katy Perry, is being split and sold for $4.1 billion.The deals will open EMI's buyers, Universal Music and Sony/ATV, ...

The storied label's recorded music and publishing arms will be divided and sold, trimming the number of major record labels to just three: Sony, Universal and Warner.» E-Mail This     » Add to Del.icio.us

Music comp

WASHINGTON (Reuters) - The Federal Trade Commission has approved a Sony-led c

Reuters - Len Blavatnik's Access Industries, Sony Music Entertainment and Vivendi SA's Universal Music Group are among the music companies and private equity firms interested in buying EMI Group Ltd , people familiar with the situation said.