Now EMI has been sold off again, this time to Universal, which is owned by the French. It's ironic because Parlophone, that most British of record labels, was actually born in Germany in 1898.

LONDON (CBS.MW) -- British music label EMI on Wednesday announced plans to cut 1,500 jobs, or around 20 percent of its recorded-music division, as it shifts to outsourcing CD and DVD manufacturing ...

The band OK Go may have won the right from their record label to embedmusic videos on file sharing sites like YouTube, but the band's relationship with EMI didn't survive the very public fight. As ...

EMI Group said it combined its Priority Records and Capitol Records music labels in an effort to improve efficiency and cut costs. The British company will cut 100 jobs as part of the move ...

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LOS ANGELES (AP) - Citigroup Inc. has taken over debt-strapped EMI Group Ltd., closing a disastrous purchase of the music label by Guy Hands, founder of British private equity firm Terra Firma.

Pink Floyd and Queen, bands that have been with EMI Music for about four decades, may head for the door, according to two people familiar with their talks, as concern mounts about the U.K. record l… ...

Citigroup Inc. has taken over debt-strapped EMI Group Ltd., closing a disastrous purchase of the music label by Guy Hands, founder of British private equity firm Terra Firma.

The bad news keep rolling at EMI Music. The beleaguered music group is folding its hip-hop label, Priority Records, into its Capitol division a mere three years after paying $200 million for the la… ...

The agreement eliminates some uncertainty over EMI's future, allowing Citigroup time to prepare it for a possible sale. ... Citigroup takes over record label EMI. Updated: Feb. 01, 2011, 5:57 p.m. | ...