You can now read 10 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe


Universal Music to sell Coldplay label to Warner

LOS ANGELES — Universal Music Group is selling Parlophone — the label of acts like Coldplay, David Guetta, and Radiohead — to Warner Music Group for $765 million. It’s the largest chunk of assets European regulators demanded be sold when Universal bought EMI last year for $1.9 billion.

Universal, a unit of Vivendi SA, sold EMI’s Mute Records, the home of Depeche Mode, to BMG for about $16 million in December, and it must sell other smaller labels to fulfill its obligations to antitrust authorities.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week