EMI Is Not Selling Abbey Road Studios

Music giant EMI has responded to the recent rumors that it may sell off Abbey Road, the legendary Beatles recording studio in London.In an official statement released over the weekend, EMI's parent company, Terra Firma, announced that it will not, in fact, sell the aging space, but revitalize it instead.The statement comes after last week's public outcries from former Beatle Paul McCartney and swirling rumors that composer Andrew Lloyd Webber may swoop in to save the studio."In response to recen...

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