Somewhere between Fri 1 Feb and Tue 30 Apr 2013 to be announced

Universal Music sells Parlophone to Warner Music to gain EU approval to buy EMI Records

  • By Maja Micudova and 1 other
  • Last Update: 4 years ago
  • Paris, Île-de-France, France

French multimedia group Vivendi S.A. and its Universal Music unit sell the Parlophone label, handling acts such as Coldplay, Kylie Minogue and Pink Floyd to Warner Music, gaining thus EU approval for a landmark purchase of EMI Recorded Music company. 

With the acquisition of EMI, Universal Records expands its presence in around 60 countries across the world, taking over names such as Lady Gaga, Justin Bieber, The Beatles and Katy Perry. 

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