Tag Archives: warner music group

The fall of music giant EMI: What went wrong?

NEWS SOURCE :  www.theweek.com

The iconic record label — home to acts from the Beatles to Katy Perry — has been taken over by Citigroup. What happened?
Citigroup has foreclosed on the debt-laden British record label EMI, home of The Beatles, Pink Floyd, Coldplay, and Katy Perry, among many others. The company was bought in 2007 by [...]