EMI Japan, Christian on Block?

EMI GAME PLAN: With the clock ticking, EMI Music boss Charles Allen is apparently preparing the survival plan he will present to the Terra Firma board next week. Those close to the negotiations say that a North American distribution pact will be part of his proposal. Others insist Hands and company do not wish to relinquish control, and will propose selling off assets instead, with their Christian and Japanese holdings on the block. Meanwhile, apparently Sony is still in the loop as far as negotiations for a licensing deal. Plenty more to come. (4/9p)