The famed EMI Music Group, which includes labels such as Virgin, Capitol, Priority, Blue Note and others, has been acquired by banking giant Citigroup. According to Billboard.com, the deal took place as a debt-for-equity agreement, reducing the struggling music conglomerate’s debt by a reported 65%.
While EMI most notably includes The Beatles and John Lennon’s music catalogs, the group also has active ties to Hip Hop artists such as Raekwon, Twista, The Beastie Boys and Snoop Dogg.
At present, EMI Group’s CEO Rodger Paxon is reported to stay in office, according to the purchase agreement. HipHopDX will keep you updated.
Damn Banks and Yoyo!!!! HAHAHAHAHAHAHA
WHO SIGNS TO A LABEL THAT IS GOING BANKRUPT UNLESS YOU DIDN’T HAVE TO MANY OPTIONS.
somebody chit getn push back
funny how dx didn’t mention g-unit.
thats cuz nobody gives a shit about g-unit anymore, you can thank Game for that.
no 50 fucked up g unit not game look at his career to date….mixtape rapper
huh? Damn Banks!!!! Exactly how many offers did you all get if you chose the bankrupt label’s record deal???
G-Unot is on the ropes, Purp & Patron released and now they are down for the count… 1,2,3,4
…. 10!!! And it is over, its over people!!!
a friend who was hit by a drunk driver and is now in a coma. Before I say anything else I do ask that you pray for her recovery.
I was recently interviewed by a west coast magazine, and just had the interview published to the mag site. If I get enough FB likes my interview will go into the actual magazine. The link is http://wwsmag.com/updates/bryant-c-caught-up-20-10/
I just ask that you take a look, and press like for me. I made it an honest interview so I’m sure that you will like it.
http://wwsmag.com/updates/bryant-c-caught-up-20-10/
Also feel free to view my youtube link @ http://www.youtube.com/results?search_query=bryantc1000&aq=f
Reply Forward