EMI Group Limited (originally an initialism for Electric and Musical Industries, also referred to as EMI Records Ltd. or simply EMI) was a British
transnational conglomerate founded in March 1931 in London. At the time of its break-up in 2012, it was the fourth largest
business group
A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept ...
and
record label
A record label, or record company, is a brand or trademark of music recordings and music videos, or the company that owns it. Sometimes, a record label is also a publishing company that manages such brands and trademarks, coordinates the produ ...
conglomerate in the
music industry
The music industry consists of the individuals and organizations that earn money by writing songs and musical compositions, creating and selling recorded music and sheet music, presenting concerts, as well as the organizations that aid, train, ...
, and was one of the "Big Four" record companies (now the "
Big Three"). Its labels included
EMI Records
EMI Records (formerly EMI Records Ltd.) is a multinational record label owned by Universal Music Group. It originally founded as a British flagship label by the music company of the same name in 1972, and launched in January 1973 as the succ ...
,
Parlophone
Parlophone Records Limited (also known as Parlophone Records and Parlophone) is a German–British record label founded in Germany in 1896 by the Carl Lindström Company as Parlophon. The British branch of the label was founded on 8 August 192 ...
,
Virgin Records
Virgin Records is a record label owned by Universal Music Group. It originally founded as a British independent record label in 1972 by entrepreneurs Richard Branson, Simon Draper, Nik Powell, and musician Tom Newman. It grew to be a worldwid ...
, and
Capitol Records
Capitol Records, LLC (known legally as Capitol Records, Inc. until 2007) is an American record label distributed by Universal Music Group through its Capitol Music Group imprint. It was founded as the first West Coast-based record label of note ...
, which are now owned by other companies.
EMI was listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
, and was also once a constituent of the
FTSE 100 Index, but faced financial problems and US$4 billion in debt, leading to its acquisition by
Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...
in February 2011.
Citigroup's ownership was temporary, as EMI announced in November 2011 that it would sell its music arm to
Vivendi
Vivendi SE is a French mass media holding company headquartered in Paris. Widely known as the owner of Gameloft, Groupe Canal+, Havas, Editis, Prisma Media, Vivendi Village and Dailymotion, the company has activities in television, film, video ...
's
Universal Music Group
Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch– American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and its ...
for $1.9 billion and its publishing business to a
Sony/ATV consortium for around $2.2 billion. Other members of the Sony consortium include the estate of
Michael Jackson
Michael Joseph Jackson (August 29, 1958 – June 25, 2009) was an American singer, songwriter, dancer, and philanthropist. Dubbed the "King of Pop", he is regarded as one of the most significant cultural figures of the 20th century. Over a ...
, the
Blackstone Group
Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
, and the
Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area.
...
-owned
Mubadala Development Company
Mubadala Investment Company PJSC ( ar, شركة مبادلة للاستثمار), or simply Mubadala, is an Emirati state-owned holding company that acts as a sovereign wealth fund. The company was established in 2017 when then-named Mubadala Dev ...
. EMI's locations in the United Kingdom, the United States, and Canada were all disassembled to repay debt, but the primary head office located outside those countries is still functional.
EMI is now owned by
Sony/ATV Music Publishing
Sony Music Publishing (formerly Sony/ATV Music Publishing) is the largest music publisher in the world, with over five million songs owned or administered as of end March 2021. US-based, it is part of the Sony Music Group, which is itself owned ...
, the music publishing division of
Sony Music
Sony Music Entertainment (SME), also known as simply Sony Music, is an American multinational music company. Being owned by the parent conglomerate Sony Group Corporation, it is part of the Sony Music Group, which is owned by Sony Entertainment ...
which bought another 70% stake in EMI Music Publishing.
History
Electric and Musical Industries Ltd was formed in March 1931 by the merger of the
Columbia Graphophone Company
Columbia Graphophone Co. Ltd. was one of the earliest phonograph, gramophone companies in the United Kingdom.
Founded in 1917 as an offshoot of the American Columbia Records, Columbia Phonograph Company, it became an independent British-owned ...
and the
Gramophone Company
The Gramophone Company Limited (The Gramophone Co. Ltd.), based in the United Kingdom and founded by Emil Berliner, was one of the early recording companies, the parent organisation for the '' His Master's Voice (HMV)'' label, and the Europe ...
, with its "
His Master's Voice
His Master's Voice (HMV) was the name of a major British record label created in 1901 by The Gramophone Co. Ltd. The phrase was coined in the late 1890s from the title of a painting by English artist Francis Barraud, which depicted a Jack Russ ...
" record label, firms that have a history extending back to the origins of
recorded sound
Sound recording and reproduction is the electrical, mechanical, electronic, or digital inscription and re-creation of sound waves, such as spoken voice, singing, instrumental music, or sound effects. The two main classes of sound recording ...
. The new vertically integrated company produced sound recordings as well as recording and playback equipment.
The company's gramophone manufacturing led to 40 years of success with larger-scale
electronics
The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...
and
electrical engineering
Electrical engineering is an engineering discipline concerned with the study, design, and application of equipment, devices, and systems which use electricity, electronics, and electromagnetism. It emerged as an identifiable occupation in the l ...
.
In October 1979, EMI merged with
Thorn Electrical Industries
Thorn Electrical Industries Limited was a British electrical engineering company. It was listed on the London Stock Exchange, but merged with EMI Group to form Thorn EMI in 1979. It was de-merged in 1996 and became a constituent of the FTSE 100 ...
to create
Thorn EMI
Thorn(s) or The Thorn(s) may refer to:
Botany
* Thorns, spines, and prickles, sharp structures on plants
* ''Crataegus monogyna'', or common hawthorn, a plant species
Comics and literature
* Rose and Thorn, the two personalities of two DC Comic ...
.
On 16 August 1996, Thorn EMI shareholders voted in favour of demerging Thorn from EMI again: the Company became EMI Group plc, and the electronics and rentals divisions were divested as
Thorn plc
Thorn Electrical Industries Limited was a British electrical engineering company. It was listed on the London Stock Exchange, but merged with EMI Group to form Thorn EMI in 1979. It was de-merged in 1996 and became a constituent of the FTSE 100 ...
.
The company broke up in 2012.
Electronics research and development
Television
In 1934, an EMI research team led by Sir
Isaac Shoenberg
Sir Isaac Shoenberg (1 March 1880 – 25 January 1963) was a British electronic engineer born in Belarus who was best known for his role in the history of television. He was the head of the EMI research team that developed the 405-line (Marconi-EM ...
developed the electronic
Marconi-EMI system for television broadcasting, which quickly replaced
Baird's electro-mechanical system following its introduction in 1936. After the
Second World War
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposin ...
, EMI resumed its involvement in making broadcasting equipment, notably providing the
BBC #REDIRECT BBC #REDIRECT BBC
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...
's second television transmitter at Sutton Coldfield. It also manufactured broadcast television cameras for British television production companies as well as for the BBC. The commercial television
. Their best-remembered piece of broadcast television equipment was the
colour television camera, which became the mainstay of much of the British television industry from the end of the 1960s until the early 1990s. Exports of this piece of equipment were low, however, and EMI left this area of product manufacture.
in 1931.
equipment (including the receiver section of the British Army's GL-II anti-aircraft fire-control radar), microwave devices such as the
oscillator (having played a crucial role in the development of early production types following on from the British Admiralty Signal School's pioneering NR89, the so-called "Sutton tube"), electro-optic devices such as infra-red image converters, and eventually
employing analogue computers.
The company was also for many years an internationally respected manufacturer of
s. This part of the business was transferred to Thorn as part of Thorn-EMI, then later became the independent concern Electron Tubes Ltd.
payroll.