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EMI hangs on to secure a 13th successive victory despite a strong challenge from Universal which, bolstered by its 2007 aquisition of BMG, begins 2008 full of optimism. Elsewhere, Leona Lewis and Sugababes inspire Kobalt to a runaway share of the independent market
As Eric Nicoli would surely testify, EMI has not had much to thank the European Commission for over the years, but for once the major may have a reason to sing the EC's praises.
Back in May last year the Commission ruled in favour of EMI's arch publishing rival Universal's E1.63bn (#1.2bn) deal to buy BMG Music Publishing, the same Commission, of course, that had previously rebuffed Nicoli's ...