Date:         Thu, 19 Jul 2007 02:50:18 +0100
Reply-To:     Association for Recorded Sound Discussion List
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Sender:       Association for Recorded Sound Discussion List
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From:         Steve Abrams <[log in to unmask]>
Subject:      Re: EMI is NOT about to be bought by a private-equity firm
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Wrong!  The bid from Terra Firma was decisively rejected by EMI 
shareholders.  It was only taken up by 3.6% of shareholders.  There is 
likely to be a new bid from Warners and that may well be successful.  Don't 
you read the business news?

SA

----- Original Message ----- 
From: "Tom Fine" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Thursday, July 19, 2007 2:03 AM
Subject: Re: [ARSCLIST] 78s, SoundExchange, & SaveNetRadio-Tom & Mal

 I would hope, given that all but EMI of the major record companies are
> publicly-traded (EMI is about to be bought by a private-equity firm), that 
> the dealings of their industry association is aimed at maximum long-term 
> sustainable profits for the companies, and killing off a source of revenue 
> is not good business.
>
> -- Tom Fine