Tuesday, February 16, 2010

Hard-up EMI seeks buyer for Abbey Road studios

iWon News
The long and winding road of Beatles history has taken a new twist.

Cash-strapped music company EMI Group Ltd. is seeking a buyer for Abbey Road, the London studio where the Fab Four recorded some of their most famous songs, a person familiar with the situation said Tuesday.

The person said talks had been going on for several months but a buyer had not yet been found. The individual spoke on condition of anonymity because the talks are private.

A spokesman for EMI refused to comment on the sale bid, which could raise tens of millions of dollars for the struggling label.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home