![]() ![]() Įlectronics research and development Television On 16 August 1996, Thorn EMI shareholders voted in favour of demerging Thorn from EMI again: the Company became EMI Group plc, and the electronics and rentals divisions were divested as Thorn plc. In October 1979, EMI merged with Thorn Electrical Industries to create Thorn EMI. The company's gramophone manufacturing led to 40 years of success with larger-scale electronics and electrical engineering. The new vertically integrated company produced sound recordings as well as recording and playback equipment. The building is now owned by Warner Music UK.Įlectric and Musical Industries Ltd was formed in March 1931 by the merger of the Columbia Graphophone Company and the Gramophone Company, with its " His Master's Voice" record label, firms that have a history extending back to the origins of recorded sound. ĮMI is now owned by Sony/ATV Music Publishing, the music publishing division of Sony Music which bought another 70% stake in EMI Music Publishing. EMI's locations in the United Kingdom, the United States, and Canada were all disassembled to repay debt, but the primary head office located outside those countries is still functional. Other members of the Sony consortium include the estate of Michael Jackson, the Blackstone Group, and the Abu Dhabi–owned Mubadala Development Company. ![]() Citigroup's ownership was temporary, as EMI announced in November 2011 that it would sell its music arm to Vivendi's Universal Music Group for $1.9 billion and its publishing business to a Sony/ATV consortium for around $2.2 billion. Its labels included EMI Records, Parlophone, Virgin Records, and Capitol Records, which are now owned by other companies.ĮMI was listed on the London Stock Exchange, and was also once a constituent of the FTSE 100 Index, but faced financial problems and US$4 billion in debt, leading to its acquisition by Citigroup in February 2011. At the time of its break-up in 2012, it was the fourth largest business group and record label conglomerate in the music industry, and was one of the "Big Four" record companies (now the " Big Three"). or simply EMI) was a British transnational conglomerate founded in March 1931 in London. Blue Raincoat Music (parent since 2019 is Reservoir Media Management)ĮMI Group Limited (originally an initialism for Electric and Musical Industries, also referred to as EMI Records Ltd.Mute Records back catalogue and Virgin Music Publishing sold to:Ĭhrysalis British catalogue (except 3 artists and Ramones) sold in 2016 to: Parlophone, Chrysalis Records (UK artists and Ramones catalogue until 2016), EMI Classics, Virgin Classics, 2CD Originals Series and EMI's Belgian, Czech/Slovak, Danish, French, Norwegian, Polish, Portuguese, Spanish and Swedish operations (including Russian EMI partner SBA/Gala and Chinese EMI partner Gold Typhoon) acquired by: David Geffen (Currently wholly owned by and absorbed into Sony/ATV).The Blackstone Group's GSO Capital Partners LP.Sony/ATV Music Publishing and comprising Sony Corporation of America.For other uses, see EMI (disambiguation).ĮMI Music Publishing acquired by consortium led by: This article is about the defunct British music company.
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