Financial Times FT.com

EMI jostles into busy online market

By Salamander Davoudi

Published: October 8 2008 03:41 | Last updated: October 8 2008 03:41

EMI is planning to enter the crowded digital music market, forming its own site to join the likes of iTunes and MySpace and marketing its artists’ music directly to fans online.

EMI.com, a consumer-facing portal to be launched before Christmas, has been closely monitored by Guy Hands, head of the Terra Firma private equity group that bought the record label for £2.4bn ($4.2bn) last year.

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