EMI Music Publishing

EMI Music Publishing Ltd.
Private company
Industry Music entertainment
Founded 1974 (1974) in London, United Kingdom
Founder EMI
Headquarters London, United Kingdom
Area served
 Worldwide
Services Music publishing
Owner

Consortium led by:

Website www.sonyatv.com

EMI Music Publishing Ltd. is a multinational music publishing company headquartered in London, United Kingdom. It is owned by a consortium led by Sony/ATV Music Publishing and forms part of the largest music publishing corporation in the world.

History

The origins of EMI Music Publishing date back to the EMI Group's entry into music publishing in 1958 through the formation of Ardmore and Beechwood.[3] In 1969, EMI greatly expanded its presence in music publishing through the acquisition of Keith Prowse Music for US$1.2 million in cash and 70,000 ordinary stock units.[3] In 1973, EMI acquired Affiliated Music Publishers for US$8.75 million.[3] In 1974, EMI renamed its music publishing division as EMI Music Publishing.[4] In 1976, EMI Music Publishing acquired the Screen Gems and Colgems music libraries from Columbia Pictures, making it a major publisher of film music.[4] In May 2011, EMI Music Publishing began bundling performance rights previously represented by ASCAP with mechanical and synchronization rights.[5]

In November 2011, a consortium led by Sony/ATV Music Publishing agreed to acquire EMI Music Publishing from Citigroup, the owners of the EMI Group, for US$2.2 billion.[6][7] The acquisition was approved by the European Commission in April 2012,[8] conditional upon the divestiture of the worldwide publishing rights to four catalogues - Famous Music UK, Virgin Europe, Virgin Music Publishing UK and Virgin US - and the musical works of 12 contemporary authors, including Bullet For My Valentine, Gary Barlow, Ben Harper, the Kooks, Lenny Kravitz, Ozzy Osbourne, Placebo (Famous Music), and Robbie Williams. Those catalogues, collectively known as "Rosetta", were acquired by BMG Rights Management in December 2012; the deal was finalized in May 2013.[9][10] The acquisition was completed in June 2012 following receipt of necessary approvals from anti-trust regulators in the United States.[11][12]

Operations

EMI Music Publishing administers the publishing rights of over 1.3 million songs; controlling the libraries of artists including deadmau5, Timo Maas, Dragon (band), Megadeth, The Black Eyed Peas, Bloc Party, My Chemical Romance, Avicii, Quarashi, Avenged Sevenfold, Slipknot, MSTRKRFT, and Sean Paul.

Awards

EMI Music Publishing has won the Music Week Award for Publisher of the Year every year for over 10 years; in 2009, for the first time in history the award was shared jointly with Universal Music Publishing.[13]

References

  1. ↑ Jackson estate owns just under 10 percent.
  2. ↑ "Sony Plans Major Cuts in EMI Jobs". The New York Times. 17 April 2012. Retrieved 6 April 2013.
  3. 1 2 3 "150,000 titles in world music publishing". Billboard. 1 September 1973. Retrieved 6 April 2013.
  4. 1 2 "A Brief History of EMI: 1970-1979". The EMI Group Archive Trust. Retrieved 6 April 2013.
  5. ↑ "EMI Music Publishing Taking Over Licensing Digital Rights From ASCAP". The Hollywood Reporter. 4 May 2011. Retrieved 6 April 2013.
  6. ↑ "EMI Is Sold for $4.1 Billion in Combined Deals, Consolidating the Music Industry". The New York Times. 11 November 2011. Retrieved 6 April 2013.
  7. ↑ "EMI Group sold as two separate pieces to Universal Music and Sony". The Los Angeles Times. 12 November 2011. Retrieved 6 April 2013.
  8. ↑ Joshua R. Wueller, Mergers of Majors: Applying the Failing Firm Doctrine in the Recorded Music Industry, 7 Brook. J. Corp. Fin. & Com. L. 589, 602 (2013).
  9. ↑ "Sony-Led Acquisition of EMI Music Publishing Approved by EU". Billboard. 19 April 2012. Retrieved 6 April 2013.
  10. ↑ "Approval Is Seen for Sony's Takeover of EMI Publishing". The New York Times. 18 April 2012. Retrieved 6 April 2013.
  11. ↑ "BMG Buys Virgin, Famous Music Catalog From Sony/ATV". The Hollywood Reporter. 2012-12-21. Retrieved 2013-03-01.
  12. ↑ "Sony-Led Group Closes Purchase of EMI Music Publishing". Billboard. 29 June 2012. Retrieved 6 April 2013.
  13. ↑ Williams, Paul (18 April 2009). "Too close to call in publishing battle". Music Week. Retrieved 13 August 2010.
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