{"id":991,"date":"2011-02-06T07:00:34","date_gmt":"2011-02-06T12:00:34","guid":{"rendered":"http:\/\/www.musicbymailcanada.com\/blog\/?p=991"},"modified":"2011-02-06T07:00:34","modified_gmt":"2011-02-06T12:00:34","slug":"citigroup-emi-update","status":"publish","type":"post","link":"https:\/\/www.musicbymailcanada.com\/blog\/?p=991","title":{"rendered":"Citigroup \/ EMI Update"},"content":{"rendered":"<p><strong>EMI<\/strong> has been taken over by <strong>Citigroup<\/strong> and now people are wondering if a merger with <strong>Warner Music Group<\/strong> is possible because of <strong>EMI<\/strong>&#8216;s dept.<\/p>\n<p>According to <a href=\"http:\/\/www.billboard.biz\/bbbiz\/industry\/record-labels\/now-that-citigroup-has-taken-over-emi-what-1005017482.story\">Billboard<\/a>, <strong>Warner Music Group<\/strong> has a debt of $2.4 Billion whilst <strong>EMI<\/strong>&#8216;s debt is $1.9 Billion.<\/p>\n<p><strong>EMI<\/strong> had been $5.5 Billion dollars in debt before <strong>Citigroup<\/strong> &#8220;recapitalized EMI through a debt-for-equity swap&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EMI has been taken over by Citigroup and now people are wondering if a merger with Warner Music Group is possible because of EMI&#8216;s dept. According to Billboard, Warner Music Group has a debt of $2.4 Billion whilst EMI&#8216;s debt is $1.9 Billion. EMI had been $5.5 Billion dollars in debt before Citigroup &#8220;recapitalized EMI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,6],"tags":[214,347,587,1027],"_links":{"self":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/991"}],"collection":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=991"}],"version-history":[{"count":0,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/991\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.musicbymailcanada.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}