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 head has been considering – including splitting the company into it’s recorded music and publishing arms. This would have the effect of protecting the publishing arm in the event that EMI is unable to meet the financial requirements placed upon it by lender CitiGroup (with whom Terra Firma, EMI’s owner, is currently contending a lawsuit over whether or not they were lied to in the buying process). If the various stratagems that are being discussed can’t be enacted, and EMI fails to meet it’s responsibilities, then we will likely see the breakup of the massive record company into it’s constituent parts, or a merger into one of the other big 4 labels.