Talking of EMI news, the North American division of EMI Music has sold the Capitol Records Tower in Hollywood, which probably won't mean much to most of us here in the UK, but it is quite a legendary building in the US music business, mainly given its distinctive appearance (looking a bit like a stack of records). However, EMI's record label operations will continue to be based in the Tower - they will lease it back from new owners Argent Ventures.
Sep 29, 2006
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1 min read
EMI sell the Capitol Tower
EMI's North American division has sold the Capitol Records Tower in Hollywood to Argent Ventures, but Capitol will continue to be based there under a leaseback arrangement.