The End Of An Era = New Possibilities

For the past few months there have been plenty of rumors about EMI being sold. On November 11, 2011, all the rumors were settled when the announcement was made that the EMI record label is going to be sold to Universal Music Group and EMI Publishing is being sold to Sony/ATV Music Publishing. The first step in the process of this sale is that EMI will have to fully separate the record label from the publisher.

This news definitely affects my life since I currently work for Sony/ATV Music Publishing. We were all in the office waiting around for the announcement to be made, while hearing all kinds of rumors. Finally we received an e-mail from our CEO, Marty Bandier, and we were all knew that our company had purchased EMI Music Publishing. It was a day of uncertainties, but also a day that began a journey of endless possibilities. Two amazing companies are coming together for greatness.

In the article by Ed Christman, “It’s Official: Sony-Led Group Purchases EMI Music Publishing for $2.2 Billion,” he discusses how Sony/ATV bought the publishing side of EMI from Citigroup for $2.2 billion dollars. During the weeks after the announcement there has been a lot of speculation about what exactly will take place, and how the two companies will merge. The article states that Sony/ATV and EMI Music Publishing will share their services and others believe that the A&R would remain separate.

EMI Music publishing is the leading popular music publisher. Its roster includes great artists such as Queen, Katy Perry, Beyonce, Jay-Z, Kanye West, Usher, Arcade Fire, and many more. Sony/ATV Music Publishing has great artists such as The Beatles, Lady Gaga, Neil Diamond, and Oasis. In the latest reports about the sale, Marty Bandier said that he plans on keeping the EMI name.