Archive for the ‘EMI’ Category

The Pogues played a surprise gig in Hong Kong- and possibly other cities- last week. The real surprise is that no one knew about the gig. Here lies the problem: Too many out there with lovely ideas which they are either financially unable to or else don’t have the experience to turn into reality- and [...]

Sometimes you start writing and you have no idea where it will lead and how it will end and which is why words and linking them with thoughts can be a trippy magical mystery tour. It’s like writing a song and not knowing where the next line will come from and how you got there. [...]

The last Bitchback post of what are usually fobbed off as “lounge singers” versus those who have cred ‘cos they play clubs has been making me think about quite a few things, but mainly how little those doing the hiring for many venues know about music and are still given titles like Director Of Music [...]

We hear a lot about “career development” when it comes to artists, and, these days, apart from Carrie Underwood, there is a laundry list of artists whose careers started with a bang and are now lost, stalled or going backwards- Macy Grey, Tracy Chapman, Corinne Bailey Rae though she a huge personal upheaval to do [...]

“We believe this transaction is an exceptional value-maximizing opportunity that serves the best interests of stockholders as well as the best interests of music fans, our recording artists and songwriters, and the wonderful people of this company. Most importantly, Access supports Warner Music’s commitment to our recording artists and songwriters who are the foundation of [...]

It’s now become boring. It’s the story that refuses to go away and like a bad smell, it just lingers on. In 3-4 short years, we have seen EMI’s former CEO- Eric Luciano “The Biscuit Bungler” aka “The Farmer” Nicoli, CBE- rid himself of Chairman and Co-Chairman Alain Levy and David Munns and take EMI [...]

  Now, one hears that the man might purchase EMI from Citigroup. If nothing else, he is certainly in the news- and making news along with piles of money. If one were to read some of the UK sports pages these days, Balram Chainrai- “Balu” to his mates- would be the devil incarnate of the [...]

      1 February 2011    EMI ANNOUNCES SUCCESSFUL CAPITAL RESTRUCTURING, AND CHANGE OF OWNERSHIP  Debt dramatically reduced; EMI now has the financial flexibility to invest in its strategy for growth  EMI Group Ltd (“EMI”), one of the world’s leading music companies, today announces that Citigroup (“Citi”) has acquired 100% of its share capital.  Immediately following [...]

http://news.carrentals.co.uk/citigroup-prevails-over-terra-firma-in-court-34221977.html http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/privateequity/8115273/David-Wormsley-What-it-was-like-facing-EMIs-Guy-Hands-in-court.html Following Citigroup’s win over Terra Firma alleging it had basically duped the private equity company into overpaying for the humpy dumpty that was EMI and the personal battle between two who were thick as thieves- Citigroup’s David Wormsley and Terra Firma’s Guy Hands- nearly everyone today has the same idea: They want to [...]

Valerie sent this article under the subject header, “Never trust a man named Wormsley”. True. But when things are rotten to the core, there is sweet irony in having a Wormsely and a Guy named Hands, pictured below, battling things out in court- and with both once having been thick as thieves. “Awwwww, fuck! I’ve [...]