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EMI For Sale!

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This is HUGE!

Due to financial difficulties, the EMI record label may be sold to Warner Music Group within the year.

"I would auction off the music publishing business and dump the recorded music business to Warner," said analyst Michael Nathanson when asked about possible scenarios for the company.

According to another analyst at Standard & Poor's Equity Research, Tuba Amobi, a deal is a possibility because the parent company of EMI, Terra Firma, is "much more dire straights" than it has been in the past.

We had no idea it was this bad!

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6 comments to “EMI For Sale!”



  1. 1

    THE RECORDING INDUSTRY HAS TO CHANGE IT'S BRICK AND MORTARS MODEL OR SHIT LIKE THIS FIRE SALE WILL HAPPEN THROUGHOUT THE INDUSTRY. MONEY IS IN TOURING AND MERCHANDISING AND ALWAYS HAS BEEN. LABELS WILL BECOME DISTRIBUTION NETWORKS ONLY. ONE LARGE CONSORTIUM IS ENOUGH. EVERYTHING ELSE IS ONLINE DOWNLOADING. CURRENTLY LABELS ARE BOTH VERTICALLY AND HORIZONTALLY INTEGRATED. GETTING RID OF HORIZONTAL ASPECT MEANS GETTING RID OF REDUNDANT UNDER PERFORMING LABELS LIKE EMI AND DEF JAM. I SEE WHAT'S HAPPENING WITH LABELS THESE DAYS HAPPENED WITHIN THE BANKING INDUSTRY YEARS AGO. THE ASIAN BANKING SYSTEM IS AN EXCELLENT MODEL. SATELLITE PRIVATE BANKS FEEDING INTO A CENTRAL BASED DISTRIBUTION AND REGULATORY ADMIN FRAMEWORK. LA REID'S HEAD IS ON THE CHOPPING BLOCK NEXT!!



  2. 2

    Maybe some of it is due to the fact that Pink Floyd is sueing their asses off for royalties



  3. 3

    now where am i suppose to watch the spice girls at now



  4. 4

    At least madonna, jayz, and u2 are smart. they realized what xcalibur said is true and they got away from there labels and went to nation live. kylie minogue robbie williams and coldplay are signed with EMI i hope they follow those footsteps and get away from this mess. mabe when these labels are gone the music will get better and real artist will be allowed to make art insteed of crap for cash.



  5. 5

    EMI has been in the bad business since few years back. They even closed many branches throughout the world. It's sad because many legendary artists were born from EMI.



  6. 6

    Music has completely lost it's value. Hell… why would an independent artist want to spend weeks recording one song that sells for 99 cents when they can record a 5 second sample or ringtone and sell it for 3 bucks?