| Type | Private |
|---|---|
| Founded | 1931 |
| Headquarters | London, England, UK |
| Key people | Guy Hands, Chairman |
| Industry | Music |
| Revenue | £1.46 billion (2008) |
| Net income | £757 million loss (2007-2008) |
| Employees | 5,500 (January 2008) |
| Parent | Terra Firma Capital Partners |
| Website | EMI Group website |

The EMI Group (Electric & Musical Industries Ltd.) is a British music company comprising the major record company EMI Music which operates several labels and is based in Kensington in London, England, United Kingdom and EMI Music Publishing, based in New York. EMI Music is one of the "big four" record companies. The Company was once a constituent of the FTSE 100 Index but is now owned by Terra Firma Capital Partners
The Electric and Musical Industries Ltd formed in March 1931 from the merger of the UK Columbia Graphophone Company and the Gramophone Company, famous at the time for its record label "His Master's Voice". From its beginning, the company was involved in both the manufacture of recording and playback equipment and the provision of music to play on its machines.
Early in its life, the company established subsidiary operations in a number of other countries in the British Commonwealth, including India, Australia and New Zealand. EMI's Australian and New Zealand subsidiaries dominated the popular music industries in those countries from the 1920s until the 1960s, when other locally owned labels (such as Festival Records) began to challenge EMI's market near monopoly. Over 150,000 78-rpm recordings from around the world are held in EMI's temperature-controlled archive in Hayes, some of which have been released on CD since 2008 by Honest Jon's Records.
In 1931, the year the company was formed, it opened the legendary recording studios at Abbey Road, London. During the 1930s and 1940s, its roster of artists included Arturo Toscanini, Sir Edward Elgar, and Otto Klemperer, among many others. During this time EMI appointed its first A&R managers. These included George Martin, who later brought the Beatles into the EMI fold.
EMI released its first LPs in 1952 and its first stereophonic recordings in 1955 (first on reel-to-reel tape and then LPs, beginning in 1958).
In 1957, to replace the loss of its long-established licensing arrangements with RCA Victor and Columbia Records (Columbia USA cut its ties with EMI in 1951), EMI entered the American market by acquiring 96% of the stock of Capitol Records. From 1960 to 1995 their headquarters, "EMI House," was at 20 Manchester Square. The stairwell is on the cover of the Beatles' "Please Please Me" album.
Its classical artists were largely limited to the prestigious British orchestras, such as the Philharmonia Orchestra. During the LP era very few U.S. orchestras had EMI as their principal recording company; an exception was the Pittsburgh Symphony Band, particularly during the years of William Steinberg's leadership.
Under the management of Sir Joseph Lockwood during the late 1950s, 1960s and early 1970s, the company enjoyed huge success in the popular music field. The groups and solo artists signed to EMI and its subsidiary labels -- including Parlophone, HMV, Columbia Graphophone and Capitol Records -- made EMI the best-known and most successful recording company in the world at that time, with a roster that included scores of major pop acts of the period including the Beatles, the Beach Boys, the Hollies, Cilla Black and Pink Floyd.
By 1967 EMI converted HMV to an exclusively classical music label, shifting HMV's pop music roster to Columbia. In 1969, EMI established a new subsidiary label, Harvest Records, which signed groups in the emerging progressive rock genre, including Pink Floyd.
Electric & Musical Industries changed its name to EMI Ltd in 1971 and the subsidiary Gramophone Company became EMI Records Ltd in 1973. In 1972, EMI replaced the Columbia label with EMI Records. In February 1979, EMI Ltd acquired United Artists Records and with it Liberty Records.
In October 1979 THORN Electrical Industries merged with EMI Ltd to form Thorn-EMI.
In 1989 Thorn-EMI bought a 50% interest in Chrysalis Records, buying the outstanding 50% in 1991. In one of its highest-profile and most expensive acquisitions, Thorn-EMI bought Richard Branson's Virgin Records in 1992.