The record label of Norah Jones and Coldplay has spoken to potential buyers during the past few months and talks have not led to a solid offer, said the person, who didn’t want to be identified because the talks are private. The studios are worth tens of millions of pounds and are not an essential asset for EMI, the person said.
EMI, owned by Guy Hands’s Terra Firma Capital Partners Ltd., this month posted a 1.5 billion-pound ($2.35 billion) annual loss and said its liabilities exceeded assets by 408 million pounds as of March 31, 2009. Terra Firma may inject as much as 120 million pounds into EMI to prevent the London-based music company from breaching debt levels, two people familiar with the matter have said.
The Beatles recorded 90 percent of their songs at the studios, which are the world’s oldest, according to the Abbey Road Web site.
I've been to London almost every summer since 2000, and always make a pilgrimage to the famous zebra crossing, site of one of the most iconic and frequently parodied photos in world history:
Every time I've been to Abbey Road--night or day, rain or shine--there have been at least a dozen other Beatlemaniacs there, some trying to replicate the famous image (putting their lives and limbs at risk: it's a busy street).
Abbey Road Studios has set up a webcam on the other side of the zebra crossing. The photo was taken from a spot just to the right of the granite column in the upper left of the webcam image.
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