RUMOR MILL
Thursday, February 11, 2010
Hands' plan
MAN WITH A PLAN: The latest band-aid being proposed in Guy Hands’ ongoing struggle to avoid default and hang on to EMI involves cutting more costs and firing more staff. The problem with this plan is that EMI is already short-handed and struggling to cover costs, making this “solution“ akin to cutting off a leg in order to save a foot. Nonetheless, Hands appears to have no other viable options, apart from hitting up Terra Firma investors for the needed funds, which would appear to be a hard sell indeed. Terra needs to raise $189m from investors or risk losing EMI. How much will Hands personally pony up? (2/11a)
STAGECOACH: THE FINAL DESERT EXCURSION
Our weary travelers reflect on their adventure. (4/30a)
HIPGNOSIS BOARD APPROVES UPPED BLACKSTONE BID
But it ain't over till it's over. (4/29a)
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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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BILLIE'S BACK WITH BIG WORLD TOURrumor mail
