Universal Music has completed its 1.9 billion
dollar acquisition of EMI Recorded Music after gaining approval from
EU and US regulators, parent company Vivendi said Friday.
"Vivendi and Universal Music Group today announced that they have completed the acquisition of EMI Recorded Music," the companies said in a statement.
"The combined company will benefit both the artistic community and the cultural industry. It features an incredible variety of renowned local and international labels, and a roster of stellar talent, including top-selling artists like The Beatles, Katy Perry, Lady Antebellum and The Beach Boys."
The combined company will bring together such labels as Blue Note, Capitol Records, Decca, Def Jam Recordings, Deutsche Grammophon, EMI Records, Geffen Records, Interscope Records, Island Records, Capitol Records Nashville, Mercury Records, Motown Records, Polydor Records, Universal Music Latino, Universal Music Nashville, Virgin Records and Verve Music Group.
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women