Information status: Sketch
'Depending on how you look at it, EMI Group is either the smallest major record company or the biggest independent label' - Hoovers
Bought in late 2007 by venture capital group Terra Firma. Major ructions predicted.
Ructions came to fruit. Recorded music unit sold to Universal/Vivendi in November 2011 and the rest in September 2012.
European Commission demanding that EMI dispose of Chrysalis, Mute, and Classics labels; Viviendi's Universal to get rid of Parlophone, Sanctuary and Co-op Music labels.
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