Hands on EMI

Having admitted in the Financial Times that his investment in EMI has shed around £2 billion in value since the 2007 purchase, more information is being made public about the radical solutions that Terra Firma’s…

EMI: The Worst Private Investment Ever?

Since 1st August 2007, when Terra Firma bought EMI for $8,000,000,000 with a 90% approval from it’s shareholders, the bottom line on EMI’s financial reports is set to show losses of more than $1.5 billion…

Big 4 Fall Out Over Grooveshark

Remember back in October, when EMI were negotiating a deal with Grooveshark, then changed their mind and decided to sue them, then broke off the pursuit of their lawsuit and instead signed a licensing agreement…

The Worm In the Apple – Terra Firma’s EMI Purchase looks Increasingly Sour

As you may have read here on our blog Terra Firma are suing their advisors/lenders Citibank for perpetrating a fraud against them – essentially Terra are saying that Citibank mislead them about the amount of…

Would Lady Gaga rather be Pirated than Spotted?

As we published in this post, that’s certainly the standpoint of Swedish artist, Magnus Uggla and the Lady might well feel the same, based on the information in this post, saying that she was only paid…

EMI to be liquidated?

Like everyone else on Wall Street, and particularly in the music industry EMI is facing pressure from it’s creditors, and the outlook is not improved by the rejection of a recent proposal from Terra Firma…

Morrissey Demands Fans Not To Buy.

Morrisey is passionately asking fans NOT to buy albums/singles. Hitting the shelves late this year will be a box sets dedicated to Morriseys/Smiths music, “the singles 7” 89′-91′ “released on October 12th. Twinned by a…

Universal Music and YouTube Partner for New Music Vide Website

CNET and the Wall Street Journal are both reporting that Universal Music Group and YouTube are in final negotiations to create a new music videos website, with the working title of Vevo. The site is…

EMI Are In Big Trouble And Have To Make Money To Pay Loans

EMI is praying that Santa is generous this season as it stares down a major post-Christmas payment due on  £2.7 billion in loans from Citigroup. UK analysts are warning that EMI must generate significant cash…

RockFree Launches Online Web Browser Competitor to Guitar Hero and Rock Band

Acclaim has decided that they didnt want to battle Guitar Hero and Rock Band and instead have launched an online music game called Rockfree. Players can battle it out with up to seven other people…