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Author Archives: Clive Rich
Interesting to see Judge Jed Rackoff ruling against Terra Firma in its EMI case this week on the question of the maximum level of damages that Terra Firma could win if the Court finds in its favour.
He held that the maximum pay-out could be US$2 billion rather than the US$8 billion of punitive damages claimed [...]
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I first met Malcolm Mclaren in 1991, when I was naïve a young lawyer, newly installed as Head of Business Affairs at RCA. Our Chairman summoned me to tell me that he had just struck a deal with Malcolm to produce a TV drama for Channel 4 called “Ghosts of Oxford Street”. RCA was to [...]
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When you make a “bid” in a negotiation, the key to success is that people believe that you mean what you say. If they don’t believe you then your bid lacks credibility and won’t get you the deal that you want. That is why the scandal over MP’s expenses has created a problem for all [...]
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EMI is apparently in a scramble for cash and working on a bonus scheme to persuade investors to inject an extra £120 million. This is to stave off a takeover by its bank, Citigroup. From a negotiating standpoint, however, the odds of raising the money are strongly in its favour.
The headlines surrounding EMI’s financial woes do [...]
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The proposed merger between Live Nation and Ticketmaster has been approved by the Competition authorities in the US and the UK. This creates a giant in the entertainment industry, “Live Nation Entertainment”, with interests spanning ticketing, promotion, venue management, merchandising and artist management.
But there has been concern at the impact on ticket prices of having [...]
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So, Lady Gaga scooped more awards than any other artist at this year’s Brits, prompted yet more gasps over her choice outfit – and no doubt won some hearts for her touching tribute to her friend, the late Alexander McQueen.
Amid such hoo-ha it would be easy to forget the scale of her victory over us [...]
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