Word Podcast 297 - Eamonn Forde
In 2007 private equity firm Terra Firma borrowed a lot of money from Citibank to buy EMI, the UK’s most venerable music company. Their plan was to transform this most traditional of companies to meet the challenges of a new age. A year later the economic crash came along to make what was already a difficult job even harder. Eamonn Forde covered what was going on at EMI for The Word as the smart guys from the city tried to grapple with the idiosyncrasies of a business which is strangely touchy-feely and utterly unscientific. And now that the Terra Firma misadventure is over and EMI has been…
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