The umpteenth restructure at EMI Group, since the Terra Firma takeover three years ago, sees the chief of one of its two divisions upped to group-wide CEO EMI is bringing both its EMI Music Publishing and its EMI Recorded Music divisions under the leadership of Roger Faxon, who has led…

EMI Music has chosen former Amazon (NSDQ: AMZN) Europe exec Bertrand Bodson as SVP, global digital marketing. When he starts June 7, Bodson will be charged with leading and developing the company’s global digital marketing strategy. He will report to Ernesto Schmitt, EMI’s president of central marketing and its catalogue…

The album’s not dead yet - well, not in Pink Floyd’s case at least. A judge has ruled in favour of the prog rock band, which went to the UK High Court for the right to have its material sold online only the form of albums, not individual singles, which…

In another bit of EMI news, less vital to the company’s future than today’s latest change at the top, OK Go and Capitol Records have parted ways after nine years through mutual agreement. OK Go asked; EMI agreed. OK Go is best known for its viral videos—and was touted by…

In 2008, Terra Firma hired the guy who ran the company which makes Cillit Bang and Air Wick to turn EMI Music around. But now the record label finds itself seeking a reported £100 million to avoid breaching banking covenants. So now executive chairman Elio Leoni-Sceti is on his way…

Litigious EMI may have avoided a court showdown with yet another digital music startup (it’s settled a case over lyrics data with TuneWiki), but it’s also fighting a case brought against it by one of its own artists… Pink Floyd has two beefs, according to some rather bare-bones reporting of…

Beleaguered private equity group Terra Firma is now trying to raise an additional $160 million to keep EMI afloat, according to numerous reports surfacing early Thursday morning.  The figure, more accurately 100 million pounds, is apparently needed despite recent successes meeting financial obligations to lender Citigroup.  Terra has survived recent…

What is a lip-sync worth?  According to a lawsuit filed by Capitol Records (EMI), millions in copyright violations, at least as far as Vimeo is concerned.  Vimeo, owned by IAC (NSDQ: IACI), is accused of encouraging users to submit lip-synched overdubs - or ‘lip dubs’ - of popular songs, including…

EMI is buying Loudclothing.com, a Leicester, England-based retailer of band t-shirts and other accessories, as it looks to broaden the range of activities it offers to artists. The acquisition is from Completely Independent Distribution (CID), whose founder Nic Wastell will now become EMI’s European VP of merchandise, a unit it…

The glitzy opening at a trendy club in Tribeca—followed by a crashing site when millions of would-be music video viewers tried to sign on and a night of instant scaling—was just the beginning for Vevo. But CEO Rio Caereff is careful not to jump too many chapters ahead when he…

By Phillip Inman: The private equity owner of EMI is suing Citigroup for £1.5 billion after it accused the US investment bank of artificially inflating the price of the music publisher during a takeover two years ago. Terra Firma, which bought the group behind Coldplay and Robbie Williams for £4…

Music labels’ YouTube-powered music video site Vevo may have had a glitzy launch in New York on Tuesday - but on Wednesday many who hit the site for the first time found it crashing under traffic weight, and everyone outside the U.S. and Canada who hits Vevo.com is getting the…

Vevo, the music video JV site which is slated to launch tomorrow, has officially brought on the smallest major, EMI, though no equity is involved. The JV partners in the site are Universal Music, Sony (NYSE: SNE) Music,  and Abu Dhabi Media Corp, along with strategic partnership with YouTube. Meanwhile,…

Terra Firma may have written off 90 percent of its investment in the label after Citigroup refused to ignore about half the debt it provided for the deal, but - slowly, slowly - EMI Group is turning a corner. Full-year earnings to March 31, 2009, are up 7.4 percent to…

Terra Firma’s really been brought down to earth, in more ways than one: after failing to restructure EMI’s debt, it has written down about 90 percent of its investment in the struggling music label, reports FT. This comes after its lending bank Citigroup rejected the PE group’s efforts to get…

You’ve got to marvel at BlueBeat’s chutzpah. The music site that quickly attracted an EMI lawsuit this week for selling Beatles tracks for $0.25-a-pop, even though The Fab Four hasn’t yet authorised online sale, has indeed now been ordered by an LA judge to stop selling those songs and others.

Of all the anticipation over the last couple of years, this was not the way we expected The Beatles archive to manifest digitally. Fans can finally buy digital versions of the band’s recently remastered back catalogue - on a USB stick shaped like an apple. It’s an homage to the…

With recorded music sales still ebbing away, the only part of the industry that can truly make money from fans, conventional wisdom goes, is the live experience. But now EMI Music is trying to marry the two. It’s setting up Abbey Road Live, a new “live music recording and instant…

BlueBeat Music has found one way to stand out among the plethora of music streaming and download sites: stream The Beatles’ catalog (original and remastered) free and sell the tracks as MP3s for a quarter a pop. Whether or not you have the rights. (I’m listening to Run For Your…