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EMI Group PLC (EMI)

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Tuesday 30 January, 2001

EMI Group PLC

EMI agreement with Virtue

EMI Group PLC
30 January 2001



EMI Group plc
30th January 2001


EMI AND VIRTUEBROADCASTING ENTER INTO STRATEGIC WEBCAST AGREEMENT;
DEAL INCLUDES FIRST EUROPEAN INTERNET RADIO LICENSE

LONDON - January 30, 2001 - EMI Recorded Music announced
today that it has entered into a strategic agreement with
virtuebroadcasting.com, one of Europe's most established
streaming and internet broadcast companies.  The
agreement secures virtuebroadcasting's position as a
preferred provider of webcasting services for EMI's UK
labels and a recommended provider of webcasting services
in other countries of operation. It gives EMI access to
the range of streaming, hosting, digitisation and
internet production services which virtuebroadcasting
provides. As part of the agreement EMI is acquiring a
small stake in virtuebroadcasting.

'virtuebroadcasting's expertise in webcasting and
streaming media will be key to the success of marketing
EMI's many artists on line,' said Jay Samit, senior vice
president, New Media, EMI Recorded Music.  'We are very
pleased to be forming a strategic relationship with a
company which has built up such a track record of success
in a relatively short period of time.'

Both parties will continue to build upon the significant
success of past internet broadcasts such as Paul
McCartney, Blur, Richard Ashcroft, Mel C and the Fun
Lovin' Criminals, as well as video releases for artists
including Robbie Williams and Kylie Minogue. The first
internet broadcast following this agreement will be the
performance in London on 4 February by Parlophone artist
Neil Finn which will be subsequently broadcast online on
Finn's official site at www.nilfun.net and at
www.virtuetv.com and in conjunction with media partners.

As part of the agreement, virtuebroadcasting will also be
granted EMI's first European internet radio licence and
will work with EMI to generate new exclusive web
programming, including the promotion of catalogue
material as well as new releases.

'EMI's relationship with virtue demonstrates the value
record companies are placing on broadcast quality,
innovative new media solutions for the promotion,
marketing and sale of music to as broad a range of
consumers as possible,' said Nick English, co-founder and
President of virtuebroadcasting. 'Being a full-service
streaming broadband network, customer satisfaction is the
priority and to be able to deliver this to a company with
an international presence such as EMI positions us as a
European industry leader. We are very pleased to be so
involved in EMI's online distribution strategy.'

About EMI

EMI Recorded Music, the third-largest music company in
the world, is an international music company with
presence in nearly 70 countries. EMI Recorded Music
includes important local and international artists,
including some of the biggest names in the recorded music
industry. EMI has artists in every leading music genre,
including pop, rock, jazz, classical, Latin, Christian,
country, rap/urban and dance. The world-famous labels
include Capitol, Angel, Blue Note, EMI, Priority and
Virgin.  Its current roster includes approximately 1,500
artists, and it releases over 1,000 albums each year.

About virtuebroadcasting

Virtue was set-up in 1998 to meet the growing demand for
technical expertise in the application of digital visual
and audio technology. The Company's head office is in
London with subsidiaries in Canada, Australia and Mexico,
and is already established as a European and global
leader in streamed content distribution. The Company is a
market leader for live and on-demand event broadcasting
and hosting, with an enviable array of Corporate and
Media blue-chip clients including Granada Media and News
International. Past entertainment broadcasts include
Madonna from The Brixton Academy in London, Paul
McCartney at The Cavern in Liverpool, Jean Michel Jarre
from the Pyramids in Egypt, Radiohead performing in
Toronto and the internet release of the Robbie Williams
video 'Rock DJ'.

MEDIA CONTACTS:

Amanda Conroy, tel: 020 7667 3216
Richard O'Brien, tel: 020 7667 3254
at EMI Group www.emigroup.com

Mischa Gaudin
virtuebroadcasting
44.20.7323 6850
mischa@virtuetv.com