Universal Music Group
- EntertainmentAOL
Record labels drum up £40m deal
The Sanctuary Records label - home to artists Black Sabbath and Iron Maiden - is being bought by German record label group BMG. Sanctuary, which is currently owned by record giant Universal Music, was put up for sale due to regulatory issues
- EntertainmentAOL
HMV hope through labels and studios
Music labels and film studios are reportedly planning to throw their weight behind a rescue deal for collapsed retailer HMV. Entertainment giants including Universal Music, Warner Music and Sony are planning to offer HMV suitors generous credit
- BusinessAOL
Universal may sell Virgin Records
Virgin Records, whose acts include Gorillaz, could be sold by Universal Music to help its £1.2 billion deal for EMI get the go-ahead from regulators. Universal, the world's biggest recorded music firm, last year agreed to buy EMI, which
- EntertainmentAOL
Universal backed over EMI takeover
Universal Music Group has won the qualified support of two North American artists' unions for its proposed 1.9 billion US dollars (£1.193bn) acquisition of the recorded music division of the UK's EMI Group Ltd. The unions gave their
