EMI To Sell Abbey Road?

EMI (actually it’s parent the Gramophone Company) bought the house atNo. 3 Abbey Road in 1931, at the bargain price of £100,000 (around £20 million in today’s money) and turned it into a custom built…

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…

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…

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…