EMI Music Publishing

EMI Music Publishing Ltd. is a multinational music publishing company headquartered in London, United Kingdom. It is fully owned by Sony/ATV Music Publishing and forms part of the largest music publishing corporation in the world.

In May 2018, Sony/ATV agreed to increase its stake in EMI to 90 percent, pending regulatory approval. The estate of Michael Jackson will continue to own 10 percent of the publisher.[3] In July 2018, Sony bought out the Michael Jackson estate's stake in EMI for $287.5 million. Sony has agreed to pay $2.3 billion to acquire EMI, as well as assume EMI’s debt of $1.359 billion. With Sony and Jackson’s share valued at $1.091 billion that gives EMI Music Publishing a valuation of $4.75 billion.[4] On October 26, 2018, the European Commission approved of Sony's acquisition of EMI.[5] In November 2018, Sony/ATV completed its acquisition of EMI, which will be completely merged into Sony/ATV.[6]

EMI Music Publishing controls over 2 million songs; including classic songs by Queen, Carole King and the Motown catalog, along with contemporary releases by Kanye West, Alicia Keys, Drake, Sia, P!nk, Pharrell Williams, and Calvin Harris. EMI also owns the recorded catalogue of Philles Records, with distribution handled by Sony's Legacy Recordings.

EMI Music Publishing Ltd.
Subsidiary
IndustryMusic entertainment
Founded1974 in London, United Kingdom
FounderEMI
Headquarters,
Area served
Worldwide
ServicesMusic publishing
OwnerSony Corporation of America[1][2]
Websitewww.sonyatv.com

History

Founding

The origins of EMI Music Publishing date back to the EMI Group's entry into music publishing in 1958 through the formation of Ardmore and Beechwood.[7] In 1969, EMI greatly expanded its presence in music publishing through the acquisition of Keith Prowse Music for US$1.2 million in cash and 70,000 ordinary stock units.[7] In 1973, EMI acquired Affiliated Music Publishers for US$8.75 million.[7] In 1974, EMI renamed its music publishing division as EMI Music Publishing.[8] In 1976, EMI Music Publishing acquired the Screen Gems and Colgems music libraries from Columbia Pictures, making it a major publisher of film music.[8] In 1981, EMI acquired SBK Entertainment, which included the MGM musical catalog.[9] In May 2011, EMI Music Publishing began bundling performance rights previously represented by ASCAP with mechanical and synchronization rights.[10]

LBO by Terra Firma in 2007

In 2007, EMI agreed to be purchased by Terra Firma, a UK-based private equity, beating out Warner and others. The deal value was about $6.5 billion, including $4.7 billion for the shares listed in the London stock exchange, and about $2 billion of debt. The deal represented a very high multiple of EBITDA, meaning it added large debt to EMI.

After defaulting on its debt, Citigroup took over in early 2011 and weeks later announced that EMI would be split and sold off separately (music recording from the one hand, publishing on the other).

Acquisition by Sony and others in 2012

In November 2011, a consortium led by Sony agreed to acquire EMI Music Publishing from Citigroup, the owners of the EMI Group, for US$2.2 billion.[11][12] (EMI Records was sold separately.) The acquisition was approved by the European Commission in April 2012,[13] conditional upon the divestiture of the worldwide publishing rights to four catalogues - Famous Music UK, Virgin Europe, Virgin Music Publishing UK and Virgin US - and the musical works of 12 contemporary authors, including Bullet For My Valentine, Gary Barlow, Ben Harper, the Kooks, Lenny Kravitz, Ozzy Osbourne, Placebo (Famous Music), and Robbie Williams. Those catalogues, collectively known as "Rosetta", were acquired by BMG Rights Management in December 2012; the deal was finalized in May 2013.[14][15] The acquisition was completed in June 2012 following receipt of necessary approvals from anti-trust regulators in the United States.[16][17]

Sony, through its Sony/ATV Music Publishing unit, acquired about 30% of EMI Publishing. Still, it won the administration of the entire catalog, making Sony/ATV the largest music publishing administrator in the world. Other owners of EMI Publishing include Abu Dhabi wealth fund Mubadala, the Michael Jackson Estate, financial institutions, and billionaire David Geffen.

Other developments

Jho Low, owner of Jynwel Capital, was charged by the US government in civil proceedings as part of the 1Malaysia Development Berhard (1MDB) scandal. The government attempted to seize Jynwel's stake in EMI Music [18], claiming it used illicit funds.

In July 2017, media reported that EMI Music was put up for sale.[19]

In March 2018, Mubadala Investment Co., an Abu Dhabi sovereign wealth fund who was one of the buyers of EMI Publishing in 2012, has held talks with Sony and approached other possible buyers to sell its entire stake, according to the media. Mubadala is reportedly seeking a valuation of at least $4 billion, almost twice what the Sony-led group paid six years before. [20] The process cannot formally start before end June 2018. EMI Publishing reportedly owns more than 2.1 million songs.

In August 2018, the Independent Music Companies Association (IMPALA) filed a complaint to the European Commission, asking them to block Sony/ATV's full acquisition of EMI.[21] Warner Music Group and BMG Rights Management, which both acquired parts of EMI and its publisher in 2013, have also objected to the acquisition.

In October 2018, the British Academy of Songwriters, Composers, and Authors also objected to the buyout.[22] Sony declined to offer any concessions to the European Commission, which will decide whether it will launch a full-scale investigation into the deal on October 26.[23]

Operations

As of May 2018, EMI Music Publishing included the publishing rights to over 2.1 million songs. Its day-to-day operations, including the administration of songs, are delegated to Sony/ATV Music Publishing.[1]

Awards

EMI Music Publishing was named Publisher of the Year by Music Week every year for over 10 years; in 2009 EMI tied with Universal Music Publishing for the award.[24]

References

  1. ^ a b California Central District Court Case No. 2:16-cv-05364 page 101, line 13 (Case 2:16-cv-05364 Archived 1 January 2018 at the Wayback Machine page 6, line 27).
  2. ^ Form 20-F for the fiscal year ended March 31, 2017 Archived 2 January 2018 at the Wayback Machine (pages 48 and F-27), Sony Corporation
  3. ^ "Archived copy". Archived from the original on 24 May 2018. Retrieved 22 May 2018.CS1 maint: Archived copy as title (link)
  4. ^ https://www.billboard.com/biz/articles/8467903/sony-completes-acquisition-of-michael-jackson-estates-share-of-emi-music
  5. ^ "Archived copy". Archived from the original on 26 October 2018. Retrieved 26 October 2018.CS1 maint: Archived copy as title (link)
  6. ^ https://www.billboard.com/biz/articles/news/record-labels/8484946/sony-completes-acquistion-of-emi-music-publishing-despite
  7. ^ a b c "150,000 titles in world music publishing". Billboard. 1 September 1973. Retrieved 6 April 2013.
  8. ^ a b "A Brief History of EMI: 1970-1979". The EMI Group Archive Trust. Archived from the original on 23 September 2011. Retrieved 6 April 2013.
  9. ^ Pareles, Jon (6 January 1989). "Thorn-EMI Gets SBK for $337 Million". The New York Times. ISSN 0362-4331. Retrieved 29 December 2018.
  10. ^ "EMI Music Publishing Taking Over Licensing Digital Rights From ASCAP". The Hollywood Reporter. 4 May 2011. Archived from the original on 5 June 2013. Retrieved 6 April 2013.
  11. ^ "EMI Is Sold for $4.1 Billion in Combined Deals, Consolidating the Music Industry". The New York Times. 11 November 2011. Archived from the original on 2 April 2015. Retrieved 6 April 2013.
  12. ^ "EMI Group sold as two separate pieces to Universal Music and Sony". The Los Angeles Times. 12 November 2011. Archived from the original on 16 May 2015. Retrieved 6 April 2013.
  13. ^ Joshua R. Wueller, Mergers of Majors: Applying the Failing Firm Doctrine in the Recorded Music Industry, 7 Brook. J. Corp. Fin. & Com. L. 589, 602 (2013).
  14. ^ "Sony-Led Acquisition of EMI Music Publishing Approved by EU". Billboard. 19 April 2012. Archived from the original on 9 May 2013. Retrieved 6 April 2013.
  15. ^ "Approval Is Seen for Sony's Takeover of EMI Publishing". The New York Times. 18 April 2012. Archived from the original on 13 November 2013. Retrieved 6 April 2013.
  16. ^ "BMG Buys Virgin, Famous Music Catalog From Sony/ATV". The Hollywood Reporter. 21 December 2012. Archived from the original on 30 December 2012. Retrieved 1 March 2013.
  17. ^ "Sony-Led Group Closes Purchase of EMI Music Publishing". Billboard. 29 June 2012. Archived from the original on 9 May 2013. Retrieved 6 April 2013.
  18. ^ "U.S. Government's Seizure of Music Publishing Assets Draws Malaysian Financier's Family". The Hollywood Reporter. Archived from the original on 6 December 2017. Retrieved 5 December 2017.
  19. ^ Halperin, Shirley; Halperin, Shirley (11 July 2017). "As EMI Music Publishing Comes Up for Sale (Again), Investors Welcome 'a Big Check'". Variety. Archived from the original on 22 January 2018. Retrieved 5 December 2017.
  20. ^ https://www.musicbusinessworldwide.com/emi-music-publishing-for-sale-for-4bn-sony-has-already-held-talks-report
  21. ^ "Archived copy". Archived from the original on 14 August 2018. Retrieved 14 August 2018.CS1 maint: Archived copy as title (link)
  22. ^ "Archived copy". Archived from the original on 2 October 2018. Retrieved 2 October 2018.CS1 maint: Archived copy as title (link)
  23. ^ "Archived copy". Archived from the original on 24 October 2018. Retrieved 23 October 2018.CS1 maint: Archived copy as title (link)
  24. ^ Williams, Paul (18 April 2009). "Too close to call in publishing battle". Music Week. Archived from the original on 17 January 2012. Retrieved 13 August 2010.

External links

ABKCO Records

ABKCO Music & Records, Inc. (ABKCO acronym of Allen & Betty Klein and COmpany) is a major American independent record label, music publisher, and film and video production company. It owns and/or administers the rights to music by Sam Cooke, the Rolling Stones, the Animals, Herman's Hermits, Marianne Faithfull, Dishwalla, the Kinks as well as the Cameo Parkway label, which includes recordings by such artists as Chubby Checker, Bobby Rydell, the Orlons, the Dovells, Question Mark & the Mysterians, the Tymes and Dee Dee Sharp. Until 2009, ABKCO administered Philles Records and its master recordings, including hits by the Righteous Brothers, the Ronettes, the Crystals and others (via a licensing deal with EMI Music Publishing, which owned the Philles catalog since the mid-1990s).

ABKCO Records is currently distributed by Universal Music Distribution, which also controls distribution of the Rolling Stones' post-ABKCO catalog.In addition to music, ABKCO controls the rights to Alejandro Jodorowsky's early films, including Fando y Lis, El Topo, and The Holy Mountain.

Although it rarely releases new music, the label released Believe, an album for charity performed by professional baseball player Nick Swisher, and soundtrack albums for films directed by Wes Anderson and Edgar Wright.

APRA Music Awards of 2011

The Australasian Performing Right Association Awards of 2011 (generally known as APRA Awards) are a series of related awards which include the APRA Music Awards, Art Music Awards, and Screen Music Awards. The APRA Music Awards of 2011 was the 29th annual ceremony by the Australasian Performing Right Association (APRA) and the Australasian Mechanical Copyright Owners Society (AMCOS) to award outstanding achievements in contemporary songwriting, composing and publishing. The ceremony was held on 21 June 2011 at CarriageWorks in Sydney, Australia. The Art Music Awards were introduced in 2011 to replace the Classical Music Awards (last held in 2009) and were distributed on 3 May. They are sponsored by APRA and the Australian Music Centre (AMC) to "recognise achievement in the composition, performance, education and presentation of Australian music". The Screen Music Awards were issued on 14 November by APRA and Australian Guild of Screen Composers (AGSC) at the City Recital Hall, Sydney which "acknowledges excellence and innovation in the genre of screen composition".On 26 May nominations for the APRA Music Awards were announced on multiple news sources, with John Butler Trio being the most nominated artist. This ceremony was hosted by comedians Andrew Hansen and Chris Taylor. Also featured in the ceremony were cover versions of nominated works. A total of 12 awards were presented. Paul Kelly was honoured with the Ted Albert Award for Outstanding Services to Australian Music. Angus and Julia Stone tied with Jet for the most awards won that evening, the former winning both the Songwriter of the Year and the Song of the Year awards and the latter winning Most Played Australian Work and Rock Work of the Year for their song "Seventeen".

B-Side Babies

B-Side Babies is a compilation album by English new wave musician Adam Ant on Epic Records. Not to be confused with The B-Sides, a 7" single of "Friends" b/w "Kick"/"Physical" released by Do It Records in 1982.Mostly a collection of the B-sides of his singles, both solo and with Adam and the Ants, the collection is described in the following manner on the back cover of the CD:

The "extra special treat never before released anywhere" is a previously unreleased version of "It Doesn't Matter". Most of the tracks on this collection were fairly well known to "Antpeople" regardless of whether or not they owned any of the singles. "Beat my Guest" was the first song Adam and the Ants played at their debut gig at the ICA restaurant in May 1977. "Fall-In" is an old Ants song from 1977 co-written with Lester Square. "Red Scab"' "Juanito the Bandito" & "B-Side Baby" also date back to 1977. "It Doesn't Matter" was performed at a John Peel session on 23 January 1978, and "Physical" & "Friends" were performed at a Peel session 10 July 1978. "Christian D'or", originally called "Christian Dior", is also from 1978, as are "Why do Girls Love Horses?" & "Greta X".

"Physical" was covered by Nine Inch Nails, and appears as one of the two bonus songs on their 1992 EP Broken.

Burnham (band)

Burnham (also known as The Burnham Brothers Band) is a Vermont - based American pop band made up of three brothers: Alex, Andre, and Forrest Burnham. They are signed to Island Records and EMI Music Publishing. They appeared as an opening act on the second leg of Justin Bieber's My World Tour in late 2010 and toured with Action Item on The Stronger the Love Tour in the fall of 2011 and The Catch Me If You Can Tour in 2012.

Burnham's song "Vacation" was entered in 2013 The John Lennon Songwriting Contest and finished in the top three in the Pop category.

International Songwriting Competition 2013-Entered "Golden Hearts". Out of 19,000 entrants their song placed in the top 1 percent and has reached the finals. Final voting results to be announced in April 2014.

"Catch Me If You Can" is the first single from their forthcoming debut album with collaborations from OneRepublic's Ryan Tedder, Noel Z, J SKINS, Nicholas "RAS" Furlong, Norwegian production team Espionage, Rihanna producer Brian Kennedy and Good Charlotte’s Benji Madden. The single produced by Ryan Tedder is accompanied by a music video.Their second single "Don't Be Shy" was released with their EP "Almost Famous" on October 19, 2010. The iTunes only EP also includes previous single "Catch Me If You Can," new song "Automatic" and the music video for "Catch Me If You Can."

Cartrouble

"Cartrouble" was the second Adam and the Ants single released by Do It Records. It was written by Adam Ant and released on 7 March 1980; it peaked at number 33 on the UK Singles Chart. Though usually stylised as one word, the title has also appeared as two separate words (for example, on the compilation album Antics in the Forbidden Zone).

Diane Warren

Diane Eve Warren (born September 7, 1956) is an American songwriter. She rose to prominence in 1983, and has since written songs for and co-written songs with multiple singers, as well as for several films.

Warren has had nine number-one songs and 32 top 10 songs on the Billboard Hot 100 chart. Additionally, two of the top 13 hits in the Hot 100's 57-year history were written by her.

Warren's career catapulted in the late 1980s shortly after joining forces with the UK music company EMI when Warren became the first songwriter in the history of Billboard magazine to have seven hits, all by different artists, on the singles chart at the same time prompting the UK's former Chairman of EMI Music Publishing Peter Reichardt to credit her as "the most important songwriter in the world". She has been rated the third most successful female artist in the UK.

Warren has won a Grammy Award, an Emmy Award, a Golden Globe Award, three consecutive Billboard Music Awards for Songwriter of the Year, and has been nominated for ten Academy Awards. She has been inducted into the Songwriters Hall of Fame and received a star on the Hollywood Walk of Fame. Her UK success saw her win an Ivor Novello Award from the British Academy of Songwriters, Composers and Authors when she received the Special International Award in 2008. Warren owns a publishing company, Realsongs, which gives her control over her compositions.

Dog Eat Dog (Adam and the Ants song)

"Dog Eat Dog" is the opening track on the Adam and the Ants album Kings of the Wild Frontier. It was written by Adam Ant & Marco Pirroni, and features the two drummer Burundi beat for which Adam and the Ants would become famous. Released as a 7" single on 3 October 1980, it was their first top ten hit.

EMI

EMI Group Limited (originally an initialism for Electric and Musical Industries, also referred to as EMI Records Ltd. or simply EMI) was a British Transnational conglomerate founded in March 1931 in London. At the time of its break-up in 2012, it was the fourth largest business group and record label conglomerate in the music industry, and was one of the big four record companies (now the big three); its labels included EMI Records, Parlophone, Virgin Records, and Capitol Records, which are now owned by other companies.

The company was once a constituent of the FTSE 100 Index, but faced financial troubles and US$4 billion in debt, leading to its acquisition by Citigroup in February 2011. Citigroup's ownership was temporary, as EMI announced in November 2011 that it would sell its music arm to Vivendi's Universal Music Group for $1.9 billion and its publishing business to a Sony/ATV consortium for around $2.2 billion. Other members of the Sony consortium include the Estate of Michael Jackson, The Blackstone Group, and the Abu Dhabi–owned Mubadala Development Company. EMI's locations in the United Kingdom, the United States, and Canada were all disassembled to repay debt, but the primary head office located outside those countries is still functional.It is currently owned by Sony/ATV Music Publishing, the music publishing division of Sony Music which bought another 70% stake in EMI Music Publishing.

EMI Music Malaysia

EMI Music Publishing Malaysia Sdn. Bhd. is a subsidiary of the defunct EMI Group. This record

company produced P. Ramlee, Sharifah Aini, Sudirman Arshad and many more.

J-Son

Julimar Santos Oliveira Neponucemo (born 27 April 1985), better known by his stage name J-Son, is a Brazilian-born Swedish rapper and songwriter. He came to Göteborg, Sweden with his mother when he was 5 years old. He is signed to EMI Music Publishing.

The Brazilian-Swedish, J-Son started his career with 'Lookie Lookie' and 'Pretty Boy' 2008..

J-Son has opened acts to artists such as Fabolous, 50 Cent Joe Budden, Lady Gaga and Musiq Soulchild.

Lluther

Lluther is an Irish noise rock/alternative metal band from Dublin, Ireland, founded in 2004 by songwriter/producer Gerry Owens. The band has released two studio albums, one EP, and seven singles.

Owens has worked with notable industry professionals that include Chris Blackwell (U2, Tricky, Bob Marley, etc.), Dave 'Rave' Ogilvie, Danny Saber, Chris O’Brien, and Richard Dowling.The studio album Rise of the Reptile King, released in 2011 has spawned four singles released throughout 2010 including In The Dollhouse, King Of Nothing, Rise Of The Reptile King, and Femme Fatale. The single, In The Dollhouse made it onto the Virgin Rock Radio Airplay Top 20 in Italy in June for 4 weeks, alongside U2, Them Crooked Vultures & Depeche Mode.

Martin Bandier

Martin N. "Marty" Bandier (born July 21, 1941) is an American music industry executive who is the CEO/Chairman of Sony/ATV Music Publishing.

Bandier studied at Stuyvesant High School, Syracuse University, and Brooklyn Law School. He practiced with Battle, Fowler, Jaffin and Kheel, and then became General Counsel to the LeFrak Organization. In 1991, he became chairman and CEO of EMI Music Publishing Worldwide. He was inducted into the Songwriters Hall of Fame. In 2007 he became chairman and CEO of Sony/ATV Music Publishing.

Paul Durham

Paul Durham (born September 9, 1968) is an American musician and producer, a solo singer-songwriter and the lead singer of rock bands Black Lab, Stray Palace, and Cake or Death.He is the writer of two Billboard charting songs, "Wash it Away" and "Time Ago" from Black Lab's Geffen Records debut, Your Body Above Me, and is represented by EMI Music Publishing and Secret Road Music.

Plastic Jesus (song)

"Plastic Jesus" is an American folk song written by Ed Rush and George Cromarty in 1957. They recorded it as a humorous ad spoof in 1962 as The Goldcoast Singers on World Pacific Records' Here They Are! The Goldcoast Singers (wp-1806).The authorship of the song has historically been incorrectly attributed to Ernie Marrs, who recorded a version in 1965, despite Rush and Cromarty being listed as the authors by ASCAP and by the song's publisher, EMI Music Publishing. Ernie Marrs is sometimes credited as the songwriter because of the folk music magazine Sing Out! (Volume 14, issue number 2, page 40) crediting a version of the lyrics and music to him.

SBK Records

SBK Records was a record label, owned by Universal Music Group, that is currently part of the Capitol Music Group, where it is in hibernation. The label was founded in 1988 and during its time in activity existed as part of the EMI Group.

Sony/ATV Music Publishing

Sony/ATV Music Publishing is an American music publisher owned by Sony Entertainment. It has the largest music publishing catalog in the world, with 4.53 millions songs owned and administered as of March 31, 2019. The company was formed in 1995 with the merger of Sony Music Publishing and ATV Music, which was owned by entertainer Michael Jackson. Jackson had purchased ATV Music, which included the Lennon–McCartney song catalog, in 1985.

In 2012, an investor consortium led by Sony/ATV Music Publishing acquired EMI Music Publishing to become the largest music publishing administrator in the world, with a library of over three million songs. In 2016, Sony bought the Jackson estate's 50% stake in Sony/ATV.

Takeover/Cloud 9

Takeover/Cloud 9 is a British music publishing company. The organisation is a co-owned subsidiary of Takeover Entertainment Ltd and EMI Music Publishing. It was founded by English rapper Kwasi Danquah III (commonly known as Tinchy Stryder) and EMI Music Publishing's UK president and EMI European creative president, Guy Moot, as a publishing arm solely for Danquah's music in December 2008.

The B-Sides (EP)

"Friends" b/w "Kick"/"Physical", also known as The B-sides, was the final single from Adam and the Ants. All three songs were written by Adam Ant, and were early fan favorites among "Antpeople." "Friends" and "Physical" were performed at a John Peel session on 10 July 1978. All three tracks had previously been recorded in 1978 for the Ants' first label Decca Records. "Kick" at RAK Studios in Chalbert Street, London, produced by Snips, "Friends" and "Physical" at Decca's own studio at Broadhurst Gardens, West Hampstead, produced by Ant himself.

Virgin Records

Virgin Records Ltd. is a British record label founded by entrepreneurs Richard Branson, Simon Draper, Nik Powell, and musician Tom Newman in 1972. It grew to be a worldwide phenomenon over time, with the success of platinum performers such as Aaliyah, George Michael, Paula Abdul, Janet Jackson, Roy Orbison, Devo, Tangerine Dream, Genesis, Keith Richards, the Human League, Culture Club, Simple Minds, Lenny Kravitz, dc Talk, the Smashing Pumpkins, Mike Oldfield, Gorillaz, Lewis Capaldi and Spice Girls, among others.After its acquisition by Universal Music Group through its purchase of EMI in 2012, UMG absorbed Virgin's British operations to create Virgin EMI Records in March 2013. Today, the operations of Virgin Records America, Inc., the company's North American operations founded in 1986, are still active and headquartered in Hollywood, California, and have operated exclusively under the Capitol Music Group imprint, also owned by UMG, since 2007. The US operations have also taken on the name Virgin Records. A minor number of artists remain on Virgin Records America's roster, which is currently mostly occupied with European artists such as Bastille, Circa Waves, Corinne Bailey Rae, Ella Eyre, Grizfolk, Walking on Cars, Seinabo Sey, and Prides; American artists include Knox Hamilton, L'Tric, and Rise Against.

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