Citi could split EMI for sale

EMI, the home of Coldplay and Katy Perry, looks increasingly likely to be sold off as two separate businesses – recorded music and song publishing – after final bids came in last week, according to several people familiar with the matter. The music company is reviewing competing offers for EMI Publishing from BMG Music, a joint venture between Bertelsmann and private equity firm KKR, and Sony/ATV, a joint venture between Sony Corp and the estate of Michael Jackson, these people said.