www.altassets.com/private-equity-news/article/nz20063.html

Read it and weep.......or not?

Great idea; publishing remains the one solid gold area and Simon's paternal links to EMI would be a huge incentive for him.

An interesting and smart move from Simon maybe as interesting as Nick Gatfield to SonyUK

EMI Music Publishing is at least two billion pounds worth (more than the complete EMI Group). Has Cowell enough money to enter an auction? Or is the speculation about him and all the other potential buyers (Sony/ATV) just part of the tug of war between Terra Firma & Citigroup?

Why is Thomas H Lee trying to get out (this is the reason behind the plans for a sale of the WMG) when the future of the music industry is as bright as KKR seems to believe?

"publishing remains the one solid gold area"

Solid gold compared to recorded music. But with falling cd sales & digital stagnation & the end of the computer games boom & the state of the film industry (see here A new model for Film Music) & the over supply of music related tv shows I don't see much potential for growth.

Could Bandier and Cowell be joining forces with Philip Green in the background?Is Google or Apple interested?
All this and more on next episode of the Biz......

Leonid Blavatnik,could he be a possible backer of Edgar Bronfman as he tries incredibly hard to make a run at EMI

Will GoogleMusic save the industry?is insightful rumour coming back to the this board?was Billy Crystal really in Soap?

All this and more in todays episode of The Biz..........

I bumped into my old friend Max Hole on Saturday and he was fascinated by these rumours and clearly logs onto the Tipsheet regularly.

Philip Green, the (alleged - by me) notorious crook? God, no...

There is nothing wrong with Philip Green. He has a fantastic business employing hundreds of people. He gives VERY generiously to a number of charities. His wife, who lives in Monaco, is a partner in the business, and she rightly doesn't pay UK tax on her dividends. Nothing illegal in that. It's no different to people investing in ISAs, or pensions. Everyone has the right to minimise their tax - as long as what they do is legal.

I'd be delighted if Simon bought EMI and so would be his wonderful Mum.

And the answer is .......Citigroup have bought EMI.

dixie is obviously Tina Green.

You make me sick defending such an odious bigoted man with extremely underhand business practices. You're obviously one of his cronies.

Roger Faxon is delighted:
"The recapitalization of EMI by Citi is an extremely positive step for the company. It has given us one of the most robust balance sheets in the industry with a modest level of debt and substantial liquidity. With that solid footing, we are confident in our ability to drive our business forward."

With that solid footing the EMI Group is an attractive take-over-target. Will KKR (with Bertelsmann) buy the whole company?

the Artful Dodger wrote:
And the answer is .......Citigroup have bought EMI.

I don't think that will be "the final answer". The FOR SALE sign has now just be errected!

Citigroup to KKR KKR to ??? minus the debt EMI with 300 mill and debt of 1.6 Billion does not seem so shabby hate to see Universals real numbers(will there be a Madoff type meltdown at Uni?).........

Jonathan King's Crystal Balls wrote:
dixie is obviously Tina Green.

You make me sick defending such an odious bigoted man with extremely underhand business practices. You're obviously one of his cronies.

Grow up!

Seconded Dixie.