5/20/2008

EMI Under Financial Pressure to Perform

In order to make good on the terms of the $5 billion dollar loan its new owners took out to buy music conglomerate EMI (home of Capitol Records), the company must post revenues of some $350 million by September of this year, according to the British press.
That new Coldplay record better sell some units, then.

Hey guys: wouldn't this be a great time for Capitol to release that long-awaited remastering of The Beatles' catalog? Or are you waiting for Paul to pass away. For real, this time.