Topic: Record companies

Universal and Sony Buy EMI for $4.1 Billion

Record company splits in two

One of Britain’s most famous record companies, EMI, has been bought in two deals with Sony and Vivendi’s Universal Music. The company will now be split into two divisions. Universal…

Apple Close to Deals with Top Record Companies

'iCloud' music service will have label support

It looks like Apple is closer than ever to launching its own music cloud service—with record label support. According to information obtained by CNET, Apple has signed a music-licensing deal with…