WE WON’T HAVE GUY TO KICK AROUND ANYMORE: Hopefully, that is. It’s hard to see any bank or other investor ever again lending money to Guy Hands after his EMI disaster, which not only cost the financier and his investors tons of moolah but also drained $3.6 billion out of Citigroup’s coffers for backing him. But Hands didn’t go quietly, according to the N.Y. Post. Just this week, before Citi officially seized the firm, he was trying to get investors, including Simon Cowell's brother, to pour money into EMI to save it. "It was like the last days of the Nixon administration," quipped one source. Meanwhile, Guardian columnist Larry Elliott finds the timing of the Citigroup move “interesting. Terra Firma faced a covenant test in March but didn't need to put in more money until June. That suggests Citigroup has a buyer lined up: possibly Warner Music, if competition issues can be sorted—or maybe another private equity firm looking for a home for its cash.” (2/2a)
THE COUNT: ALL THE DESERT'S A STAGE
The dust settles on the Indio Polo Grounds. (4/24a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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