July 3, 2013 - submitted by Gaston, Argentina

Q. Did Coldplay change discography? I mean, I'm really confused because I know they have a contract with Parlophone who was owned by EMI but now is owned by Universal? I really don't understand the situation...

Greetings from Argentina!


The Oracle replies:

I can understand your confusion as it was a tricky transaction because yes, you're right that EMI was sold (to Universal) but Parlophone wasn't part of the deal.
Yesterday (2 July) it was confirmed that Warners completed its acquisition of Parlophone.