Sony Music is joining KKR-backed BMG Rights in a bid for Universal Music Group’s Parlophone record label assets. The bid is said to be around $500 million, sources said. The teaming up of the ...

Coldplay was originally signed to Parlophone U.K. in 1999 when the label was housed under EMI (Capitol was Coldplay’s former U.S. home). Universal Music Group acquired EMI in 2012 and divested ...

Warner Music Group's pre-emptive bid by far beat the nearest competitor to win the auction for Parlophone, home to Coldplay and Pink Floyd. But did Access Industries' Len Blavatnik, who's known ...

Warner Music Group Outlines Parlophone Integration Process, Expects $70 Million in Annual Cost Savings In a memo to the Warner Music Group staff today, CEO Stephen Cooper has laid out the ...