Looking beyond the West to enlarge its international portfolio, Warner Music Group has acquired Russia's Gala Music Group. Terms of the deal were not revealed.
A New York appellate court has overturned a 2010 verdict favoring lender Citigroup in Terra Firma Investments' fraud suit over its 2007 purchase of EMI Music. While Friday's decision by the U.S…
Clearing one of two crucial regulatory hurdles, Universal Music Group's pending acquisition of EMI Music's label assets has been approved in Europe.
Wrapping the biggest music publishing deal in history, an investor consortium led by Sony/ATV Music announced Friday that it had closed the $2.2 billion purchase of EMI Music Publishing.
The European Commission's approval Thursday of the $2.2 billion purchase of EMI Music Publishing by a consortium led by Sony/ATV represents the first draft in a major redrawing of the international…
EMI Nashville president-CEO Mike Dungan is exiting the country powerhouse for Universal Music Group Nashville, where he will take over as chairman-CEO, an informed source confirms.
Adam Klein, a former adviser to Tom Freston when he ran MTV Networks, has been named exec VP of strategy and business development for EMI Music.
EMI will ax 1,800 staffers worldwide -- nearly 20% of its work force -- has cast off a quarter of its 1,600 artists and will take more than $340 million in charges in an aggressive bid to return the…