Friday, 5 February 2010
FT.com / Media - Doubt cast on survival of EMI
This is a tough one.. when PE owner put so much debt to 'capitalise' on the cash flow of a business.. and the music industry's cash flow has not been great even with new focus of live performances..
It is inevitable that the debt and ownerships of the company will be restructured.. just wonder who will come out on top!
Key is that the market will re-adjust.. and hopefully EMI will still be around in some shape or form.