EMI is still working to keep itself out of Citigroup’s hands. But according to Showbizz411 this company is having a hard time because some of their contacts with artists like The Beetles, Pink Floyd, Coldplay and Norah Jones include clauses that prevent them licensing out many of their recordings.

If they had been able to proceed Universal Music Canada would have been licensed to distribute EMI’s catalog in Canada. But it appears that option fell through, resulting in additional predictions by Billboard, which can be read here.