Terra Firma Confirms Funds For EMI

Terra Firma Confirms Funds For EMI
EMI Group
has confirmed that it will receive additional funds in the amount of $153 million from Terra Firma and its investors that will avoid a breach of a major loan covenant with Citigroup. The additional sums are to be paid by June 14 and will secure another year for the EMI Group owner. (5/14)

Nate "Danja" Hills Receives Top Honors At SESAC Awards
GRAMMY winner Nate "Danja" Hills received the Songwriter of the Year award at the 14th Annual SESAC New York Music Awards on May 12. Hills also received Song of the Year honors for "Knock You Down" by GRAMMY-nominated artist Keri Hilson. GRAMMY-nominated producer Kasseem "Swizz Beatz" Dean was honored with the Inspiration Award for his humanitarian efforts in raising funds and awareness for earthquake relief in Haiti on "Stranded (Haiti Mon Amour)," the song he co-wrote and co-produced with GRAMMY-winning artist U2's Bono. (5/14)

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