Universal Music Group is selling Parlophone _ the label of acts like Coldplay, David Guetta and Radiohead _ to Warner Music Group for 487 million pounds ($765 million).
Universal Music Group can buy the famed British music company EMI and keep the hugely-lucrative Beatles catalogue, the European Union's competition regulator said Friday, but must jettison some of its biggest acts, including Coldplay and Pink Floyd.
Cambodian police said Tuesday they will deport a Swedish founder of the popular file-sharing site The Pirate Bay as soon as the country's interior minister gives his approval.
A co-founder of popular file sharing website The Pirate Bay was arrested in Cambodia at the request of Sweden, where he faces a one-year prison term for violating copyright laws, authorities said Monday.
Kobalt Music Group Ltd., an upstart music publisher that is now one of the world's biggest, said Tuesday that it will manage the copyrights of Paul McCartney's post-Beatles songs such as "Ebony and Ivory" and "Band on the Run" along with works managed by McCartney's MPL Communications group outside of North America and the U.K.
What do pop-music rivals Rihanna and Katy Perry have in common? Well, they could be working for the same team if a merger between their parent companies, Universal Music Group and EMI, gains approval from U.S. and European regulators.
The EU's competition regulator has approved the acquisition of part of famous music company EMI by a group of investors led by Sony.
A group of investors led by Sony has offered concessions to the European Union to get approval for its deal to buy part of iconic British music company EMI, the bloc's competition regulator said Tuesday.
Outgoing Warner Music chairman Edgar Bronfman Jr. says the proposed purchase of British recording company EMI by recording rivals Universal Music Group and Sony/ATV is "dangerous" and must be stopped by regulators.