For Sale: Abbey Road

Posted by: admin on February 16, 2010 @ 8:57 am
Filed under: Music Business News

A prime piece of studio real estate is for sale. EMI — who apparently is in need of some extra cash — put the famed Abbey Road Studios up on the market.

From Pitchfork

…according to the Financial Times, the studios are becoming prohibitively expensive to use, and EMI is in desperate need of cash. It’s not clear yet whether EMI is selling the Abbey Road brand name along with the studio itself. The Financial Times quotes a media lawyer as saying, “the brand is worth more that the building.” So if you’re planning to buy Abbey Road, you might have to rename it Rabbey Oad or something.

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