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PINK FLOYD TAKES EMI TO COURT

March 11th, 2010 · No Comments

Via: paidContent Litigious EMI may have avoided a court showdown with yet another digital music startup (it’s settled a case over lyrics data with TuneWiki), but it’s also fighting a case brought against it by one of its own artists… Pink Floyd has two beefs, according to some rather bare-bones reporting of Tuesday morning’s initial [...]

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EMI COULD SELL RECORDED MUSIC BUSINESS

December 21st, 2009 · No Comments

Via: Wired The smallest major record label, EMI, was acquired by Terra Firma earlier this year, and according to a document the company sent to potential investors, Terra Firma may be looking to get out of the recorded music business in 5 years. Terra Firma is in the process of selling 15 percent of its [...]

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TERRA FIRMA HAS SUED CITIGROUP OVER EMI DEAL

December 14th, 2009 · No Comments

Via: Daily Swarm British equity firm Terra Firma Investments has sued Citigroup Inc., claiming it paid a “fraudulently inflated price” of 4 billion pounds for EMI‘s label and music publishing interests in 2007 as a result of misrepresentations made by the lender. In the action, filed Friday in New York Supreme Court, Terra Firma claims [...]

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