EMI Music Publishing

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EMI Music Publishing Ltd.
Type Private company
Industry Music entertainment
Founded 1974 (London)
Founder(s) EMI
Headquarters London, United Kingdom
Area served Worldwide
Services Music publishing
Owner(s) 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]
Website www.emimusicpub.co.uk

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[edit]

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 Gary Barlow, Ben Harper, the Kooks, Lenny Kravitz, Ozzy Osbourne, Placebo and Robbie Williams.[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[edit]

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

Awards[edit]

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[edit]

  1. ^ "Sony Plans Major Cuts in EMI Jobs". The New York Times. 17 April 2012. Retrieved 6 April 2013. 
  2. ^ a b c "150,000 titles in world music publishing". Billboard. 1 September 1973. Retrieved 6 April 2013. 
  3. ^ a b "A Brief History of EMI: 1970-1979". The EMI Group Archive Trust. Retrieved 6 April 2013. 
  4. ^ "EMI Music Publishing Taking Over Licensing Digital Rights From ASCAP". The Hollywood Reporter. 4 May 2011. Retrieved 6 April 2013. 
  5. ^ "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. 
  6. ^ "EMI Group sold as two separate pieces to Universal Music and Sony". The Los Angeles Times. 12 November 2011. Retrieved 6 April 2013. 
  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. ^ "Sony-Led Acquisition of EMI Music Publishing Approved by EU". Billboard. 19 April 2012. Retrieved 6 April 2013. 
  9. ^ "Approval Is Seen for Sony’s Takeover of EMI Publishing". The New York Times. 18 April 2012. Retrieved 6 April 2013. 
  10. ^ "BMG Buys Virgin, Famous Music Catalog From Sony/ATV". The Hollywood Reporter. 2012-12-21. Retrieved 2013-03-01. 
  11. ^ "Sony-Led Group Closes Purchase of EMI Music Publishing". Billboard. 29 June 2012. Retrieved 6 April 2013. 
  12. ^ Williams, Paul (18 April 2009). "Too close to call in publishing battle". Music Week. Retrieved 13 August 2010. 

External links[edit]