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01 Feb

Citigroup Now Owns EMI

EMI is the fourth largest group of record labels in our great music industry. Well now Citigoup has purchased Maltby Investments, who owns the EMI Group. EMI has Katy Perry and the Gorillaz with back catalogs of Radiohead, Pink Floyd, the Beatles and others. Will this change anything? Probably not. It sounds like there is just more people to pay and rob the artists of money.

This entry was posted on Tuesday, February 1st, 2011 at 8:33 pm and is filed under Music Business, with these Tags: Citigroup, EMI Group, Gorillaz, Katy Perry . You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.