EMI Group music company has been split and sold for $4.1 billion leaving only three major record companies left. EMI Group has been split between Sony Corp. and Universal Music Group. The deal, which was announced on Friday, will allow Universal to acquire EMI’s recorded music division from EMI parent company Citigroup Inc. for $1.9 billion and Sony to acquire the smaller but more lucrative music publishing business for $2.2 billion. Sony and Universal beat out rivals Warner Music Group and BMG Chrysalis. Read more about the deal after the jump. Julie1205
Tech Talk Alert: Universal Music Group Blacklist Some Of Your Favorite Blogs From Music!!!
Universal Music Group uses an ad agency called “GroupM” that put ads on different sites, for which they(GroupM) have a new aggressive anti-piracy policy, and in turn they have compiled a blacklist of certain sites, and Blogs especially in the hip hop community, and we have the list right Here, After the Jump, and you’ll have to read it cause I won’t specifically name any since some our Friends and Family 🙁 Tat WZA
Sylvia Rhone Leaves Universal!!
I’ve heard rumblings of this for a while and I guess it’s true!! Interesting. XXL is reporting a source has confirmed that Universal Motown President Sylvia Rhone has left her post. @MarisaMendez
