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EMI Music Publishing

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Title: EMI Music Publishing  
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EMI Music Publishing

EMI Music Publishing Ltd.
Private company
Industry Music entertainment
Founded 1974 (London)
Founder EMI
Headquarters London, United Kingdom
Area served
Worldwide
Services Music publishing
Owner Consortium led by Sony/ATV Music Publishing and comprising Sony Corporation of America, the Estate of Michael Jackson, Mubadala Development Company PJSC, Jynwel Capital Limited, the Blackstone Group's GSO Capital Partners LP and David Geffen[1]

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.[2]

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.[2]

In 1973 EMI acquired Affiliated Music Publishers for US$8.75 million.[2]

In 1974 EMI renamed its music publishing division as EMI Music Publishing.[3]

In 1976 EMI Music Publishing acquired the Screen Gems and Colgems libraries from Columbia Pictures, making it a major publisher of film music.[3]

In May 2011 EMI Music Publishing began bundling performance rights previously represented by ASCAP with mechanical and synchronization rights.[4]

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.[5][6] The acquisition was approved by the European Commission in April 2012,[7] 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.[8][9] The acquisition was completed in June 2012 following receipt of necessary approvals from anti-trust regulators in the United States.[10][11]

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.[12]

References

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  7. ^ 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).
  8. ^
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  12. ^

External links

  • Official website
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