EMI Group has reportedly held early-stage talks with rival record labels, including Warner Music...

EMI Group has reportedly held early-stage talks with rival record labels, including Warner Music Group (NYSE:WMG) and Sony Music (NYSE:SNE), to license its music in North America. A five-year licensing deal could bring in up to £100M ($150M) per year, and EMI desperately needs some cash to avoid being taken over by lender Citigroup (NYSE:C). (previously)