EMI Group

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Abbey Road Not For Sale: EMI

Company turned down $46M bid

(Newser) - Abbey Road Studios owner EMI is not looking to sell the legendary operation after all, according to officials. The music conglomerate is working on a "revitalization project" and a "sustantial injection" of fresh capital to make the iconic studios profitable again, said a statement. EMI is deep in... More »

MySpace Makes Music Overtures

Social networking site turns to recording labels in effort to broaden appeal

(Newser) - MySpace has spent the past few weeks approaching major record labels, trying to hammer out a deal for a new online music service, the Wall Street Journal reports. The deal—tentatively MySpace Music—would likely let users stream unlimited music for free, and buy downloads that could be played on... More »

2 Stories