Tag Archives: Citigroup

The fall of music giant EMI: What went wrong?

NEWS SOURCE :  www.theweek.com

The iconic record label — home to acts from the Beatles to Katy Perry — has been taken over by Citigroup. What happened?
Citigroup has foreclosed on the debt-laden British record label EMI, home of The Beatles, Pink Floyd, Coldplay, and Katy Perry, among many others. The company was bought in 2007 by [...]

EMI: Facing the Music

Producer: Liz Carney
A Unique Production for BBC Radio 4.

Broadcast on:BBC Radio 4, 11:00am Monday 7th June 2010Duration:30 minutesAvailable until:11:32am Monday 14th June 2010

British music icon EMI has been battling against massive debts. If it didn’t raise cash, and raise it quickly, its bankers could take the [...]