New owner pledges to invest in artists at struggling EMI
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Business & money: 'Big, but small enough to care' is mantra for change.
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Struggling music company EMI Group has said that it has received a new takeover approach from US rival Warner Music.
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Business & money: New private equity owner brings in its own executives with no experience of the music industry.
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Rocker David Lee Roth, the former Van Halen frontman, is taking up a new trade.
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Former EMI Group  Chief Executive Jim Fifield is still working on a deal to buy the company despite his reported financial backer, Corvus Capital , pulling out, the New York Post said on its Web site.
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Media & professional: File-sharing has holed the record industry below the waterline. So why does private equity guru Guy Hands want to buy EMI?
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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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EMI chief executive Eric Nicoli is to step down from his post as part of a shake-up under new owners Terra Firma.
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The e-tailer gears up to launch its MP3 music store.
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British music company EMI is to axe up to 2,000 jobs in a restructuring plan by its new private-equity owners to save up to 200 million pounds ($392 million) a year and recast itself for the digital age.
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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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Guy Hands, the private equity owner of  EMI, plans to cut up to 2,000 jobs at the ailing British music  company, in a plan to rebuild the group which has sparked fury  from some of its biggest acts.
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EMI Group PLC, beset by profit warnings and an accounting scandal in Brazil, was thrown a potential lifeline yesterday with a possible new takeover bid by a former suitor, Warner Music Group.
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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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Britain's EMI said it had received a bid approach from U.S. rival Warner Music, the latest twist in a seven-year battle in which the two music groups have tried to buy each other.
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EMI, home to artists such as Robbie Williams, Radiohead and Norah Jones, reported explosive growth in digital music sales yesterday and said it was winning the battle against piracy.
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Two of the World&#39;s largest Record companies have formed an alliance on new digital products. EMI and Sony BMG, which between them control more than 30% of the global music market, said the ground-breaking