Citigroup has foreclosed on U.K.-based record label EMI Group, taking it back from private-equity firm Terra Firma, which bought EMI from Citigroup for a whopping $4.7 billion in 2007.
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Barry Diller announced his impending resignation as Live Nation chairman Tuesday, perhaps putting an end to his tussle with the rest of its board for control of the struggling concert promoter and talent agency nearly a year af…
In today’s legal news, the Supreme Court has expressed interest in a case involving a teenager’s illegal music file-sharing, the legal battle over stem cell research has already pushed some scientists to other fields, and a thi…