CITIGROUP has seized control of record label EMI from beleaguered financier Guy Hands in a debt restructuring plan after Hands' defeat in court last year.Read
EMI owner Guy Hands is demanding that £2bn is cut from the music group's debt pile as the price for calling off his court case against the investment bank Citigroup, it has been reported.Read
EMI unified its music label and publishing arms under one boss as part of a restructuring it hopes will boost returns from artists and songwriters.Read
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