Erstwhile U.K. recording giant

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Possible Answers: EMI.

Last seen on: LA Times Crossword 21 Oct 18, Sunday

Random information on the term “EMI”:

Sony/ATV Music Publishing LLC is an American music publishing company owned by Sony Entertainment.[1] It is the largest music publishing administrator in the world, with a library of 4.36 million songs as of March 31, 2018 (according to Sony’s fiscal year 2018 annual report). This figure combines Sony/ATV’s 2.3 million songs and the 2.06 million songs of EMI Publishing it administers.

The company was formed in 1955 as Associated Television (ATV), a British television broadcaster and production studio. ATV acquired Northern Songs, publisher of the Lennon–McCartney song catalogue, in 1969. Entertainer Michael Jackson purchased ATV Music in 1985 for $47.5 million. Ten years later in December 1995, Jackson agreed to merge the company with Sony Music Publishing, a Sony Corporation division, to form a 50:50 joint venture, which would become Sony/ATV Music Publishing. As ATV Music was worth more, Michael Jackson received an additional $110 million. At the time, about two thirds of ATV’s value was tied to the Beatles’ songs.

EMI on Wikipedia