GENERAL MUSIC INDUSTRY: Citigroup Takes Control of Emi

Citigroup took control of beleaguered EMI Group from Terra Firma Equity Partners on Tuesday, ending the investment firm’s torturous three-and-a-half-year ownership of the music firm.

The lender’s seizure had been widely anticipated, since debt-burdened EMI was facing another enormous debt payment in March…
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About Alex

I started playing Bass about 2 years after seeing a Cream concert in 1968. I play a 5 string fretless Bass made by Taco Hozono in California. I also play a 5 string fretted Bass by Ibanez.
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