Guy Hands, over

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)

ON THE BMM COVER:
RICO WADE
ATL legend (6/17a)
KEN & FRIENDS FILL THE FORUM
High times in Inglewood (6/21a)
BEADS! FEEDS! TIKTOK EXPANDS TAY'S ERAS TOUR HUB
Collect 'em all (6/20a)
FESTIVAL FORECAST: IT'S MUDDY OUT THERE
Sloshing through the fun (6/20a)
WELCOME TO ATLANTA
Black Music Month in the ATL (6/18a)
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)