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Those assets include Parlophone, one of EMI's flagship labels, whose artists include Coldplay and Kylie Minogue.
These are the labels whose very names held power and mystery for us when we were young".
"We're still put in the same bucket as iTunes by some labels, whose music then appears on YouTube.
The two are expected to bid aggressively for artists and for Cash Money and Big Machine, two independent labels whose distribution deals with Universal are expiring soon.
"We've talked to music labels whose production budgets are still weighted towards doing a traditional, four-minute music video," he said.
Even the labels whose funk back catalogues have been revitalised in the marketplace by sampling, hip-hop and breakbeat DJ-ing owe Herc a debt.
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Tanya Sarne is the designer of Ghost, an English clothing label whose shows attract celebrities.
He had dropped out of Harvard to run the label, whose best-known artist was Mos Def.
It's coming out on Anthony Naples Proibitoo label, whose stuff has recently returned to Spotify and is well worth delving into.
In 1955 he was hired as a salesman by Fantasy Records, a label whose roster included the jazz pianist Dave Brubeck, the poet Allen Ginsberg and the comedian Lenny Bruce.
But its music division is the UK's leading independent music publisher and home to the Echo label, whose roster includes the top-selling band Feeder.
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