EMI is to sell its music unit to Universal for £1.2bn
UK music firm EMI has said it will sell its recorded music unit for £1.2bn ($1.9bn) to Universal Music.
Reports have suggested that the other half of EMI's business - the lucrative music publishing unit - will go to a Sony-led consortium for more than $2bn.
Rory Cellan-Jones reports.
11 Nov 2011
- From the section Business