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4:08pm
Warner chief sees no barriers to EMI tie-up
...difficulties” in a way that strengthened the music industry. Yet auditors have expressed “significant doubt” about EMI’s owner’s ability to continue as...analysts said it had capacity to bid for EMI Music, its rival’s recorded music division...much debt Citigroup tries to allocate to EMI Music in a sale, industry observers... By Andrew Edgecliffe-Johnson in New York
February 4, 2010
Doubt cast on survival of EMI
...to inject another £120m, subject to EMI Music producing a new strategic plan. He...confirmed that Terra Firma had asked EMI Music to provide a “revised strategic business...costs of £136m.Separate covenants on EMI Music and EMI Music Publishing require... By Andrew Edgecliffe-Johnson in New York and Salamander Davoudi in London
February 5, 2010
Debt woes drown out EMI’s chart success
...was throwing the biggest bash in town.EMI Music, led by chief executive Elio Leoni-Sceti...investment in EMI.Supporters point to EMI Music Publishing’s stability and improvements in EMI Music’s profitability after a crackdown on... By Andrew Edgecliffe-Johnson, Salamander Davoudi and Martin Arnold
2:00am
Warner chief sees no barrier to EMI tie-up
...difficulties" in a way that strengthened the music industry.Yet auditors have expressed "significant doubt" about EMI's owner's ability to continue as...analysts said it had capacity to bid for EMI Music, its rival's recorded music division...much debt Citigroup tries to allocate to EMI Music in a sale, industry observers said... By Andrew EdgecliffeJohnson in New York
February 4, 2010
Terra Firma / EMI
...asking them to push even more oxygen into EMI’s collapsed lungs. All parties no...about another £100m after admitting that EMI’s recorded music business will not be able to meet the...Maltby Capital, its acquisition vehicle for EMI, and avoid losing control of the company...
February 4, 2010
Hands in cash call for EMI shortfall
...another £100m after admitting that EMI's recorded music business will not be able to meet the...its accounts.The accounts show that EMI Music will fall far short of critical covenants...Elio Leoni-Sceti, chief executive of EMI Music, for a new plan for the recorded music... By Andrew Edgecliffe-Johnson in New York and Salamander,Davoudi and Martin Arnold in London
February 3, 2010
EMI’s £100m plea to meet Citi loan terms
...another £100m after admitting that EMI’s recorded music business will not be able to meet the...its accounts.The accounts show that EMI Music will fall far short of critical covenants...Elio Leoni-Sceti, chief executive of EMI Music, for a new plan for the recorded music... By Andrew Edgecliffe-Johnson in New York and Salamander Davoudi and Martin Arnold in London
February 6, 2010
Debt woes undermine EMI's chart success
...was throwing the biggest bash in town.EMI Music, led by chief executive Elio Leoni...investment in EMI.Supporters point to EMI Music Publishing's stability and improvements in EMI Music's profitability after a crackdown on... By Martin Arnold, Salamander Davoudi and Andrew Edgecliffe-Johnson
January 22, 2010
Citigroup calls for EMI court switch
...equity group’s ill-timed buy-out of music group EMI to be moved from New York to London...US bank of tricking his firm into buying EMI for £4bn in May 2007 – the peak of the credit...that agreements governing the auction of EMI and Citigroup’s financing of its acquisition... By Martin Arnold, Private Equity Correspondent
December 9, 2009
Vevo could be saviour of music video
...salvation for stars and labels after a decade of digital mis-steps. The chief executives of Universal Music, Sony Music and EMI Music joined forces with Eric Schmidt, chairman and chief executive of Google, to hail the launch of Vevo, their... By Andrew Edgecliffe-Johnson in New York