EMI Reportedly Close to $3.9 Billion Deal
EMI was close to a deal last night to be acquired by European private-equity group Permira, the Wall Street Journal reported citing people familiar with the matter. A source familiar with the matter stated that while the sides remain in talks no agreement is imminent. EMI and Permira both declined to comment on the matter. It said the situation remained fluid and it was unclear whether other private-equity groups would join Permira in...
Sony Music Studios Unveils Online Mastering Service
Sony Music Studios has launched Sony Music Studios Internet Mastering (SIM), a new service that allows artists to have their music mastered by one of Sony’s engineers for a fraction of the normal cost. SIM allows music producers to upload up to four songs per project, where they can then be mastered for $99 per track. Mastering is the finalizing process that adds depth and range to a recording, executes final edits, enhances the...
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