2 posts and columns on Elio Leoni-Sceti

EMI Gets a New Boss. When Does It Get a New Owner?

in Media on March 10, 2010 at 3:53 am PT

Terra Firma, the private equity fund that owns EMI Music Group, has brought in a new CEO for the music label. Elio Leoni-Sceti is out; Charles Allen, the former CEO of British broadcaster ITV replaces him. The real question: How much longer will Terra Firma own EMI?

EMI: Don’t Worry, We’ve Got Plenty of Money

in Media on November 7, 2008 at 2:54 pm PT

EMI Music Group PLC, which seems to have been going through a continuous reorg since private equity firm Terra Firma bought it in the summer of 2007, has announced yet another one. But the more important message EMI delivered today was to the company’s investors, who have lent it some $5.8 billion: “Don’t worry! We’ve got plenty of cash!”