Universal Music Confirms $1.9 Billion Deal for EMI Recorded Music Unit

Georg Szalai The acquirer and its corporate parent Vivendi said they would sell 500 million euros ($685 million) worth of non-core assets as UMG head Lucian Grainge says the deal is "an important step in preserving the legacy of EMI Music."read more

M˝a Nadine Velazquez Naomi Watts Natalie Imbruglia