EMI is the world’s leading independent music company. It operates directly in 50 countries, with licensees in a further 20 and employs around 5,500 people. For the year ended 31 March 2007, EMI Group reported revenue of £1,751.5 million and £62.7 million in underlying profit before tax. In August 2007 EMI was acquired by private equity firm Terra Firma.
The company comprises two divisions – EMI Music, one of the top global recorded music companies, and EMI Music Publishing, one of the world’s leading music publishers.
As an owner of digital music content, EMI is extremely well positioned to capitalise on the rapid growth of digital music. EMI’s strategy is to deliver music to consumers in any form, at any time and in any place. During the year ended 31 March 2007, EMI Group's digital revenues grew from £112.1 million to £164.2 million, representing 9.4% of total underlying revenue.
EMI Music represents recording artists spanning all musical tastes and genres and owns one of the finest catalogues of recorded music ever assembled with over three million individual tracks. The company’s roster and catalogue includes world famous stars and developing artists such as Lily Allen, Corinne Bailey Rae, The Beach Boys, The Beatles, Dierks Bentley, Coldplay, Diam's, Depeche Mode, Gorillaz, Norah Jones, The Kooks, Korn, Lenny Kravitz, Kylie, Pink Floyd, Raphael, RBD, Joss Stone, The Rolling Stones, 30 Seconds To Mars, KT Tunstall, Keith Urban, Utada Hikaru and Robbie Williams plus some of the world’s finest classical artists including Nigel Kennedy, Simon Rattle, Itzhak Perlman and Angela Gheorghiu.
EMI Music’s record labels include Angel, Astralwerks, Blue Note, Capitol, Capitol Nashville, EMI, EMI Classics, EMI CMG, EMI Televisa Music, Mute, Parlophone and Virgin. With around 4,800 employees worldwide, EMI Music’s revenue in the year ended 31 March 2007 was £1,350.2 million.
EMI Music Publishing owns one of the largest catalogues of songs in the world, containing more than a million contemporary and classic titles. Its roster of songwriters is unparalleled and the company has won and continues to win more industry accolades and publisher of the year awards than any other music publisher. Its catalogue of best-selling songs includes Bohemian Rhapsody, I Heard It Through The Grapevine, New York, New York, Over the Rainbow, the James Bond theme, Singin’ In The Rain, Santa Claus is Comin’ to Town, Wild Thing, We Will Rock You, Angels, Baby Love, Crazy in Love and Daydream Believer and is home to many of the world's best songwriters including Arctic Monkeys, James Blunt, Cathy Dennis, Jay-Z, Alicia Keys, Pink, Usher, Kanye West and Amy Winehouse.
With offices all around the world, EMI Music Publishing has about 640 staff and in the year ended 31 March 2007 generated £401.3 million in revenue.
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