Citi Sells EMI Units To Universal, Sony

November 11, 2011 – In The News

Lori Landew discussed the sale of EMI's recorded music division to Vivendi Universal Music Group--cutting the record industry's Big Four down to three.

"They're going to see a lot of opposition from indie labels both here and internationally," said Landew. "For any deal with EMI, people were going to worry about the regulatory points."

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