EMI Group Sold In Separate Pieces To Sony And Universal Music Group

EMI Group music company has been split and sold for $4.1 billion leaving only three major record companies left. EMI Group has been split between Sony Corp. and Universal Music Group. The deal, which was announced on Friday, will allow Universal to acquire EMI’s recorded music division from EMI parent company Citigroup Inc. for $1.9 billion and Sony to acquire the smaller but more lucrative music publishing business for $2.2 billion. Sony and Universal beat out rivals Warner Music Group and BMG Chrysalis. Read more about the deal after the jump. Julie1205


Meet The Playstation Phone’s Cousin!!!!!

This is the cousin to the Playstation Phone, the Xperia Arc, and pack a 1GHz Qualcomm processor (single-core), 4.2-inch 854 x 480 display, Gingerbread, 8 megapixel back-illuminated Sony sensor with HD video capture, and a body that measures just 8.7mm at the thinnest point…..See Video in Details. @TatWza


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