EMI to Face Spitzer Music Industry Probe
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EMI Group PLC, the world's third-largest  music company, confirmed on Friday it faced a New York probe  into how music companies influence what songs are played on the  radio.
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EMI Group PLC, the world's third-largest music company, confirmed on Friday it faced a New York probe into how music companies influence what songs are played on the radio.
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Struggling music company EMI Group PLC, beset by profit warnings and an accounting scandal in Brazil, was thrown a potential lifeline Tuesday with a possible new takeover bid by former suitor Warner Music Group.
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The music industry is the latest target to attract the attention of New York attorney general Eliot Spitzer, the New York Times reports.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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Shares of record company EMI Group PLC, whose artists include David Bowie and the Beatles, rose more than 6 percent Tuesday after a report that the company is in talks with private equity firms about a possible takeover.
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New York Attorney General Eliot Spitzer is examining whether radio is engaged in a new form of pay for play reminiscent of the payola scandals in the 1950s, a record company confirmed Friday.
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Music company EMI, home to Robbie  Williams and Coldplay, will cut up to 2,000 jobs as part of a  restructuring being planned by its private equity boss Guy  Hands, Sunday newspapers reported.
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EMI Group, the struggling British music company, has said that it has received a new takeover approach from US rival Warner Music.
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ELIOT SPITZER, not satisfied with seeking out sleazy business practices in banks, fund managers and insurance companies, has turned his attention to the record industry.
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Eliot Spitzer, scourge of corporate America, has turned his sights on to the music industry. The New York state attorney general is investigating the music industry&#39;s practices for influencing which songs are played on the radio.
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LONDON/NEW YORK  - EMI Group PLC, the world's  third-largest music company, on Friday said it and other music  companies faced a New York probe into how music companies  influence what songs are played on the radio.
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LONDON -- Shares of record company EMI Group PLC, whose artists include David Bowie and the Beatles, rose more than 6 percent Tuesday after a report that the company is in talks with private equity firms about a possible takeover.
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New York Attorney General Eliot  Spitzer, who is probing bid-rigging in the insurance industry,  expects to file suit against health insurance consultant  Universal Life Resources as early as Friday, a spokesman for  his office said.
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US securities regulators may recommend enforcement action against the former head of Citigroup Global Investment Management for his role in activities under investigation at the company&#39;s mutual fund unit, the No.
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EMI Group, the world's third-biggest music company, may sell or demerge its recorded music division as part of a radical overhaul of the firm to reverse falling profits, a newspaper reported.
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Warner Music Group has approached Britain's EMI about a possible bid despite uncertainty over whether it would win regulatory approval, in the latest twist in a seven-year tit-for-tat takeover battle.