Terra-City mediation talks

HANDS ACROSS THE WATER: Guy Hands will hold talks next month with Citigroup in hopes of resolving Terra Firma’s looming debt issue (see items below), Sky News reports. According to people familiar with the situation, lawyers for Terra recently approached Citigroup’s lawyers to request that the lender take part in a mediation process ahead of a potential settlement of the case. If the move is successful, it could prove to be either (A) an important milestone in securing the future of EMI, or (B) the removal of a major impediment to the acquisition of EMI’s recorded music operations by Warner Music or another suitor. The talks will reportedly be overseen by an independent third party in New York. (8/18a)

BACK TO RUMOR MILL

		UMG AND TIKTOK WORK IT OUT The kerfuffle is in the past. (5/2a) Check It Out Now LUCIAN SOUNDS OFF ON UMG/TIKTOK DEAL A breakdown from the boss (5/2a) Check It Out Now JAMES KING: THE HITS INTERVIEW (PART ONE) London calling (5/2a) Check It Out Now TOP 20: IT’S STILL TAYLOR’S WORLD Large and in charge (5/2a) Check It Out Now THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL That's what friends are for. (5/1a) Check It Out Now
		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!

rumor mail

Email

First Name

Last Name

Company

Country
CAPTCHA code

Captcha: (type the characters above)

By clicking submit you are agreeing
to Terms and Conditions

Terra-City mediation talks

Modal