Aftermath of demerger from Thorn

Due to the growing divergence of commercial enterprise models, Thorn EMI shareholders voted in favour of demerger proposals on sixteen August 1996. The ensuing media enterprise turned into now referred to as EMI Group PLC.[18]

Since the 1930s, the Baak Doi label headquartered in Shanghai were published beneath the EMI banner[19] and considering then, EMI had additionally been the dominant label in the cantopop market in Hong Kong until the genre’s decline in the mid-1980s. Between the years 2004–2006, EMI then absolutely and totally divested itself from the c-pop market, and after that, all Hong Kong track artists previously associated with EMI have had their tune posted via Gold Label, a difficulty unaffiliated with EMI and with which EMI does not preserve any interest.

On 21 November 2000, Streamwaves and EMI signed a deal licensing EMI’s catalogue in a virtual format for their on-line streaming music carrier. This became the primary time EMI had licensed any of its catalogue to a streaming tune internet site.[20]

Pop superstar Robbie Williams signed a six-album deal in 2002 paying him over £eighty million ($157 million), which changed into now not best the largest recording settlement in British tune history on the time, but additionally the second one biggest in tune history[21] behind that of Michael Jackson.

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