EMI Music
EMI Group Limited (formerly EMI Group plc until 2007; originally an initialism for Electric and Musical Industries, also referred to as EMI Records or simply EMI) was a British transnational conglomerate founded in March 1931 in London. At the time of its acquisition by Universal Music 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"). Its labels included EMI Records, Parlophone, Virgin Records, and Capitol Records, which are now referenced under Universal Music due to their acquisition with the exception of Parlophone, as it is now owned by Warner Music.
| Former type | Private
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| Industry | |||
| Fate | Broken up:
EMI Music Publishing acquired by consortium led by:
Parlophone, Chrysalis Records (UK artists catalog), EMI Classics, Virgin Classics and EMI's Belgian, Czech, Danish, French, German, Norwegian, Portuguese, Spanish, Slovak and Swedish operations acquired by: Bulk of recording business acquired by: Mute Records back catalog and Virgin Music Publishing sold to: |
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| Founded | 31 March 1931
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| Defunct | 28 September 2012
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| Headquarters | |||
| Area served | Worldwide
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| Key people | Founding CEO Lenard John Brown
Roger Faxon (Former CEO) Ruth Prior (Former CFO) |
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| Revenue | £1.072 billion (2009)
$1.65 billion (2009) |
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| Operating income | |||
| Owner | Terra Firma Capital Partners
(2007–2011) Citigroup (2011–2012) Universal Music Group (2012–present); 5 years ago (EMI Group) Sony/ATV Music Publishing (2012–present); 5 years ago (EMI Music Publishing) Warner Music Group (7 February 2013–present); 4 years ago (EMI Records) (renamed Parlophone Records Ltd.) |
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| Number of employees | 5,500 (2008)
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| Website |
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