{"id":1608,"date":"2011-11-12T07:00:17","date_gmt":"2011-11-12T12:00:17","guid":{"rendered":"http:\/\/www.musicbymailcanada.com\/blog\/?p=1608"},"modified":"2011-11-12T07:00:17","modified_gmt":"2011-11-12T12:00:17","slug":"emi-music-group-split-for-sale","status":"publish","type":"post","link":"https:\/\/www.musicbymailcanada.com\/blog\/?p=1608","title":{"rendered":"EMI Music Group Split For Sale"},"content":{"rendered":"<p>It appears that <strong>Citigroup<\/strong> have decided to sell individual portions of <strong>EMI Music Group<\/strong> according to two press releases issued yesterday.<\/p>\n<p>The labels within the group will be sold to <strong>Vivendi<\/strong> and <strong>Universal Music Group<\/strong> for \u00a31.2 Billion whilst the publishing assets of the group will be sold to an investor group that includes <strong>Sony Corporation of America<\/strong>, <strong>David Geffen<\/strong> and the estate of <strong>Micheal Jackson<\/strong> for $2.2 Billion (source : Citigroup press releases <a href=\"http:\/\/www.citigroup.com\/citi\/press\/2011\/111111a.htm\" target=\"_blank\">111111a<\/a> \/ <a href=\"http:\/\/www.citigroup.com\/citi\/press\/2011\/111111b.htm\" target=\"_blank\">111111b<\/a>).<\/p>\n<p>These sales are of course subject to regulation and independent label association <strong>IMPALA<\/strong> expects that the sale of <strong>EMI Recordings<\/strong> to <strong>Universal Music Group<\/strong> will be &#8220;<em>blocked outright<\/em>&#8221; according to their latest <a href=\"http:\/\/www.impalamusic.org\/docum\/04-press\/2011\/PR%20-%2020111111.htm\" target=\"_blank\">press release<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears that Citigroup have decided to sell individual portions of EMI Music Group according to two press releases issued yesterday. The labels within the group will be sold to Vivendi and Universal Music Group for \u00a31.2 Billion whilst the publishing assets of the group will be sold to an investor group that includes Sony [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,6],"tags":[214,347,348,488,536,571,619,834,876,992],"_links":{"self":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1608"}],"collection":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1608"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/1608\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}