 | |
| Company type | Subsidiary |
|---|---|
| Industry | Music entertainment |
| Founded | 1974 in London, United Kingdom |
| Founder | EMI |
| Fate | Fully acquired by Sony Music Publishing and became an in-name-only unit of it |
| Headquarters | , United Kingdom |
Area served | Worldwide |
| Services | Music publishing |
| Parent | EMI (1974–2012) Sony Music Publishing (2012–present) |
| Website | sonymusicpub |
EMI Music Publishing Ltd. is a British multinational music publishing company headquartered in London, owned by Sony Music Publishing.
In May 2018, Sony Music Publishing agreed to increase its stake in EMI to 90%, pending regulatory approval. Sony has agreed to pay $2.3 billion to acquire EMI, as well as assume EMI's debt of $1.359 billion. In July 2018, Sony bought out the Michael Jackson estate's 10% stake in EMI for $287.5 million. With Sony and Jackson's share valued at $1.091 billion that gives EMI Music Publishing a valuation of $4.75 billion.[1] On 26 October 2018, the European Commission approved of Sony's acquisition of EMI.[2] In November 2018, Sony Music Publishing completed its acquisition of EMI, which was completely merged into Sony Music Publishing. Following these transactions, Sony owned 100% of EMI Music Publishing.
EMI currently exists for the artists that it signed pre-2012, effectively becoming an in-name-only unit of Sony Music Publishing.[3] EMI Music Publishing controls over 2 million songs; including the Motown Records catalogue, and classic songs by Carole King and Queen, along with contemporary releases by Kanye West, Blink-182, Drake, Pharrell Williams, Sam Smith, P!nk, Calvin Harris and Sia. EMI owns the recorded catalogue of Philles Records, with distribution handled by Sony's division Legacy Recordings.
- ^ lars.brandle (31 July 2018). "Sony Completes Acquisition of Michael Jackson Estate's Share of EMI Music Publishing". Billboard. Retrieved 30 June 2019.
- ^ "Sony's Acquisition of EMI Music Publishing Approved by European Commission | Billboard". Billboard. Archived from the original on 26 October 2018. Retrieved 26 October 2018.
- ^ marc.schneider (14 November 2018). "Sony Completes Acquisition of EMI Music Publishing Despite Indie Objections". Billboard. Retrieved 30 June 2019.