UK's EMI Says to Face Music Industry Probe in U.S.
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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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Warner Music is still considering its position on Britain's EMI and is more likely than not to make an improved offer by early next week, two sources familiar with the situation told Reuters on Monday.
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EMI Group PLC, the world&#39;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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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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Freddie Mac (FRE.N), the No. 2 U.S. mortgage finance company, on Wednesday said it may face civil action from the U.S. Securities and Exchange Commission for possible violations of securities laws.
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The UK music industry is set to launch legal action against people who download music from the internet.
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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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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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The record label EMI is planning to cut as many as 2,000 jobs as part of a restructuring plan.
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The music group EMI today said the music industry was bouncing back from the effects of internet piracy, with lawsuits against file traders having had an &quot;educational and deterrent&quot; effect.
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EMI Group PLC, the world&#39;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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The piracy-battered music industry said Thursday it will sue British, French and Austrian music fans for the first time as it intensifies its legal crackdown on Internet song-swappers.
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LONDON -- EMI Group PLC, home to the Beatles and Coldplay, agreed to a 2.4 billion pound ($4.7 billion) takeover by a private equity group on Monday, but the deal raised speculation of an all-out bidding war for the struggling music company.
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By James Daley in London and Katherine Griffiths in New York. The UK regulator for the insurance industry has said it attempted to launch investigations into several of its member firms earlier this year, after
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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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EMI will have to sing its private equity financed tune.