Wednesday, February 17, 2010

EMI Puts Abbey Road Studios up for Sale

By Andrew Edgecliffe-Johnson, Salamander Davoudi
Financial Times
February 16, 2010

Terra Firma will attempt to alleviate some of its £3.3bn debt from its leveraged buy-out of EMI by putting Abbey Road studios on the block. Best known as the Beatles recording studio of choice, and the title of their last album, EMI’s Abbey Road is among the few studios left large enough to accommodate a symphony orchestra. more