EMI has recently revealed that it needs to raise more than £100m to avoid banking penalties, and reported a pre-tax loss of £1.75bn for the year to 31st March 2009. EMI hope to raise around £30m by selling the studios.
Sir Paul McCartney has now come forward with some good news as he told BBC news that a group has come up with a bid to save the land mark facility.
Primal Scream will play their classic album ‘Screamadelica‘ in it’s entirety at a gig at the London Olympia on November 27th, it was announced today.
Seen as a departure from the band’s early sound, Primal Scream took DJs Andrew Weatherall and Terry Farley on board to produce ‘Screamadelica’, which went on to showcase a variety of house/dance influences. The record featured the hit singles ‘Loaded’ which went top 20 in the UK, and ‘Movin’ On Up’, which found the band success in America. Released in October 1991, the album went on to win the first ever Mercury Music Prize in 1992 and in 1996 it was named the Best Album of the 90s by Select magazine.
Excellent things to come out of Scotland: kilts, bagpipes, Irn Bru, lochs, and most importantly, the music. For a country so small in size, it is absolutely overflowing with great talents. Over the past decade, some of the biggest acts to find success in the States have been bands from Scotland, such as Franz Ferdinand, The Fratellis, Belle and Sebastian, Travis, Arab Strap, The Twilight Sad, Frightened Rabbit, and Glasvegas… just to name a few. But coming out in the forefront of these newbies is Edinburgh’s We Were Promised Jetpacks; whose name is incredibly fitting for the lack of jetpacks the 2000s has brought us!
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