UK's EMI Confirms to Face New York Music Probe
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British music company EMI Group Plc  confirmed on Friday that it, along with others, is to face an  inquiry into the promotion of records on New York radio  stations.
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The investigation of insurance practices by the New York attorney general, Eliot Spitzer, is causing wide ripples in the British market, the cradle of the industry.
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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.
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Shares of Vivendi Universal, the owner of Universal Music Group, and Britain&#39;s EMI Group each traded down over 2 percent Friday amid a report that New York Attorney General
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Britain's EMI Group Plc. is in talks  with a number of private equity firms including One Equity  Partners, a unit of JPMorgan Chase and Co., over potential  alternatives to a takeover approach from Warner Music Group,  the Financial Times reported on Thursday.
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The UK music industry is set to launch legal action against people who download music from the net.
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Warner Music Group has made a bid approach for Britain's EMI  despite uncertainty over whether any deal would win regulatory approval, in the latest twist in a seven-year tit-for-tat takeover battle.
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Recording-industry giants EMI and Sony BMG announced an umbrella agreement Monday to address digital rights management (DRM) issues for music on mobile phones, PCs and digital cable systems.
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The competition watchdog has called for an investigation into whether Apple&#39;s new iTunes music download service is &quot;ripping off&quot; British consumers.
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Copy protection technologies used to prevent CDs from being pirated online are facing a legal challenge in France, where a judge began a formal investigation of record label EMI Group PLC for using them.
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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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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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Unlaunched TotalMusic prompts price fixing concern Two major labels have been served notice of a fresh antitrust investigation, a music business newsletter reports today. MusicAlly's daily Bulletin suggests that the as-yet-unlaunched TotalMusic service, currently backed by Universal and Somy BMG, has prompted notices from the US Department of Justice. The report suggests all four major labels have been contacted.â¦
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British music giant EMI Group PLC is preparing to cut up to 2,000 jobs, or about one-third of its work force, as part of a contentious restructuring plan being prepared by the group's new owner, Terra Firma Capital Partners, reports said Sunday.
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Shares in music firms drop after a report that the industry is the latest target of probing by New York attorney general Eliot Spitzer.
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New York's attorney general aims at the shady practice of payola in the music industry.
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Copy protection technologies used to prevent CDs from being pirated online are facing a legal challenge in France, where a judge began a formal investigation of record label EMI Group PLC for using them.    Confirming a report in French financial daily Les Echos, the record store Fnac said Wednesday it has also been placed under investigation by a French judge along with EMI's French arm...