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Sony secures financing from Abu Dhabi to fund their bid for EMI
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The following comments relate to this news article:

Sony secures financing from Abu Dhabi to fund their bid for EMI

article published on 6 October, 2011

Sony has confirmed it has secured financing from Abu Dhabi to fund their bid for EMI, the fourth largest record label in the world. Backed by the Abu Dhabi investment fund Mubadala, the company should be able to better compete against other serious bidders which include UMG and WMG, the largest labels in the world. The current owner of the label is Citigroup, which was forced to take ... [ read the full article ]

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DVDBack23
Staff Member

4 product reviews
_ 		6. October 2011 @ 13:33 _ Link to this message    Send private message to this user   
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LordRuss
Senior Member

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_ 		6. October 2011 @ 17:38 _ Link to this message    Send private message to this user   
Sony is going to step in a pile they are never going to be able to swim out of. You talk about talk about falling on their sword in the past!?! Just remember who wrote this... A Japanese entertainment money superpower is getting into bed with Arab culture/tribal money, and "think" their still going to get to call all the shots?

Good luck with that...
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http://onlyinrussellsworld.blogspot.com
KillerBug
AfterDawn Addict

1 product review
_ 		7. October 2011 @ 01:32 _ Link to this message    Send private message to this user   
Sony and EMI sound like a match made in heaven...add some oil tycoons into the mix and maybe a few US banks and you would actually be able to see the evil!
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