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Number of employees 5,500 (January 2008) Website EMI (officially EMI Group Limited, originally an initialism for Electric and Musical Industries and often known as EMI Records and EMI Music) was a British founded in March 1931 and was based in. At the time of its break-up in 2012, it was the fourth-largest and family of record labels in the and was one of the (now the big three). Its EMI Records Ltd. Group of record labels included,, and.
EMI also had a major publishing arm, —also based in London with offices globally. The company was once a constituent of the, but faced financial troubles and USD $4 billion in debt, leading to its acquisition by in February 2011. Citigroup's ownership was temporary, as it announced in November 2011 that it would sell its music arm to 's for $1.9 billion, and EMI's publishing business to a consortium for around $2.2 billion. Other members of the Sony consortium include the Estate of,, and –owned investment fund. EMI's locations in United States, Canada and United Kingdom were disassembled to repay all debt but the primary head office located outside these countries is still functional. EMI's former building in London.
The building is now owned. Electric and Musical Industries Ltd was formed in March 1931 by the merger of the and the, with its ' record label, firms that have a history extending back to the origins of. The new vertically integrated company produced sound recordings as well as recording and playback equipment. Manufacturing [ ] The company's gramophone manufacturing led to forty years of success with larger-scale and. Electronics research and development [ ] Blumlein and radar [ ], an engineer employed by EMI, conducted a great deal of pioneering research into stereo sound recording many years prior to the practical implementation of the technique in the early 1950s.
He was killed in 1942 whilst conducting flight trials on an experimental set. During and after, the in developed equipment (including the receiver section of the British Army's GL-II anti-aircraft fire-control radar), microwave devices such as the oscillator (having played a crucial role in the development of early production types following on from the British Signal School's pioneering NR89, the so-called 'Sutton tube'), electro-optic devices such as infra-red image converters, and eventually employing analogue computers. Television [ ] Post-war, the company resumed its involvement in making broadcasting equipment, notably providing the 's second television transmitter at Sutton Coldfield. It also manufactured broadcast television cameras for British television production companies as well as for the BBC. The commercial television companies also used them alongside cameras made by and. Their best-remembered piece of broadcast television equipment was the colour television camera, which became the mainstay of much of the British television industry from the end of the 1960s until the early 1990s. Exports of this piece of equipment were low, however, and EMI left this area of product manufacture.
Photomultipliers [ ] The company was also for many years an internationally respected manufacturer of. This part of the business was transferred to Thorn as part of Thorn-EMI, then later became the independent concern Electron Tubes Ltd. Computers and CT Scanner [ ] The EMI Electronic Business Machine, a valve and magnetic computer, was built in the 1950s to process the payroll.