The Wall Street Journal is reporting EMI could be looking at more tough times, as owner Terra Firma Capital has invested an additional $45 million in the label group, the second time it has had to re-invest in the last six months.
This additional capital will keep EMI within the terms of its debt agreements. Despite EMI’s insistence on having a plan to turn around this year, news has not been great as CFO Chris Kennedy left his position and another round of merger rumors with Warner Music Group has started.
UPDATE: An anonymous source from EMI tells Metal Insider that an internal company memo was sent today easing employees’ concerns. Allegedly the message says that EMI’s debt does not have the traditional loan covenant model, and the re-investments from Terra Firma were planned and all within forecasted amounts.
BLACK SABBATH singer Ozzy Osbourne is suing the band’s guitarist Tony Iommi over royalty payments.
The 60-year-old has accused Iommi of falsely claiming to have sole rights to the band’s name which has cost him royalties from merchandise sales.
Osbourne is seeking unspecified damages, lost profits and a declaration he is a half-owner of the trademark.
Iommi claims Osbourne legally relinquished rights to the band’s name in the 1980s. The guitarist registered the BLACK SABBATH trademark in the US in 2000.
Osbourne issued a statement on Friday asking Iommi to “do the right thing”.
“Tony, I am so sorry it’s had to get to this point by me having to take this action against you,” he said.
“We’ve all worked too hard and long in our careers to allow you to sell merchandise that features all our faces, old Black Sabbath album covers and band logos, and then you tell us that you own the copyright.”
Osbourne said he believed all four original members of the band should share Black Sabbath’s name equally adding: “I hope that by me taking this first step that it will ultimately end up that way.”
The star’s lawyer has disputed he gave up rights to the band’s name, saying that even if the singer did make such an agreement, he took a major role in the band’s direction and success after rejoining it in 1997.
BLACK SABBATH, who were formed in Birmingham in 1968, have sold more then 100 million albums.
The reunited German band GUANO APES played the second show of its comeback tour last night (Saturday, May 30) at Universiada Hall in Sofia, Bulgaria.
The group's setlist was as follows:
01. You Can't Stop Me 02. Money & Milk 03. Quietly 04. Do It Again (SANDRA NASIC solo track) 05. Open Your Eyes 06. Pretty in Scarlet 07. Stay 08. Candy Love 09. Diokhan 10. Dick 11. Underwear 12. Break the Line 13. Allies 14. Hives Song (new song) 15. Scratch the Pitch 16. Sorry (SANDRA NASIC solo track) 17. Sing That Song 18. Big in Japan (ALPHAVILLE cover)
Encore:
19. Sugar Skin 20. All I Wanna Do 21. Lords of the Boards
GUANO APES was one of Germany's most successful bands both domestically and abroad for more than a decade. In 2000, the band won the MTV Award for "Best German Act" and went on to win countless other awards, including the Echo, the Viva Comet, the 1LIVE Krone and the IFPI award for over one million sales of the APES' debut, "Proud Like a God". All three of the band's studio albums attained gold status, while their singles landed regularly in the Top 10 of the German charts.
LACUNA COIL will embark on a U.S. headlining tour in July. Support will come from KILL HANNAH, SEVENTH VOID (the band featuring TYPE O NEGATIVE guitarist Kenny Hickey and drummer Johnny Kelly), and DOMMIN.
The dates are as follows:
Jul. 04 - El Paso, TX - [street festival] (THE CULT headlines) Jul. 06 - Oklahoma City, OK @ Diamond Ballroom Jul. 07 - Kansas City, MO @ Beaumont Club Jul. 08 - Waterloo, IA @ Electric Park Ballroom Jul. 10 - Grand Rapids, MI @ Intersection Jul. 12 - St. Paul, MN @ Station 4 Jul. 14 - Missoula, MT @ Wilma Theater Jul. 15 - Spokane, WA @ Knitting Factory Jul. 17 - Boise, ID @ Knitting Factory Jul. 18 - Portland, OR @ Roseland Jul. 19 - Seattle, WA @ Neumo’s Jul. 21 - Santa Rosa, CA @ Last Day Saloon Jul. 22 - Los Angeles, CA @ House of Blues Jul. 24 - Las Vegas, NV @ House of Blues Jul. 25 - Sparks, NV @ The New Oasis Jul. 26 - Chico, CA @ Senator Theatre Jul. 27 - San Francisco, CA @ Slim’s
Wednesday May 20, 2009 The Prodigy The Warfield~ San Francisco, California
Thursday May 21, 2009 Gojira Slims~ San Francisco, California
May 22, 2009 Nine Inch Nails, Jane's Addiction Shoreline Amphitheatre~Mountain View, California
May 23, 2009 Journey Raley Field~ West Sacramento, California
Saturday May 23, 2009 Forbidden, Psychosomatic The Kennel Club~ Sacramento, California
Wednesday May 27, 2009 ArnoCorps / THOR Slims~San Francisco, California
Friday May 29, 2009 Pennywise, Pepper Warfield, San Francisco, California
Thursday, June 4, 2009 Blackened Fest Mayhem, Marduk, Cephalic Carnage, Cattle Decapitation, Withered DNA Lounge, San Francisco, California
Saturday June 6th, 2009 Live 105's BFD The Offspring, Alkaline Trio, 311, Yeah Yeah Yeah's, Taking Back Sunday, Metric Shoreline Amphitheatre, Mountain View, California
Friday June 12, 2009 Testament, Unearth, Lazarus AD The Fillmore~San Francisco, California
Saturday June 13, 2009 Bat For Lashes Slims~San Francisco, California
Friday June 26th, 2009 KYLD Bomb Concert Sean Paul, Ice Cube, Soulja Boy, Rick Ross Shoreline Amphitheater~ Mountain View, California
July 10, 2009 Rockstar Mayhem Festival Marilyn Manson, Slayer, Killswitch Engage, Bullet For My Valentine, Jägermeister Stage Trivium, All That Remains, God Forbid, Hot Topic Stage Cannibal Corpse, Behemoth, Job For A Cowboy, The Black Dahlia Murder, Whitechapel Sleep Train Amphitheatre~ Marysville, Caifornia
July 14, 2009 Coldplay, Amadou, Kitty Daisy, Lewis Sleep Train Amphitheatre~ Marysville, Caifornia
Sunday July 19, 2009 Rancid, Rise Against, Billy Talent Oracle Arena~ Oakland, California
Tuesday July 21st, 2009 The Wiggles Arco Arena ~ Sacramento, California
Friday July 24th, 2009 No Doubt, Paramore, The Sounds Sleep Train Amphitheatre~ Marysville, California
July 30th, 2009 Cruefest 2 Motley Crue, Godsmack, Theory Of A Deadman, Drowning Pool, Charm City Devils Shoreline Amphitheatre~Mountain View, California July 31, 2009 The Fray, Jack's Mannequin Sleep Train Amphitheatre~ Marysville, Caifornia
Saturday August 1st, 2009 Judas Priest, Whitesnake Sleep Train Amphitheatre~ Marysville, California
August 7th-8th, 2009 Lollapaloza Depeche Mode, Tool, The Killers, Janes Addiction, Beastie Boys, Kings Of Leon, Lou Reed, Snoop Dogg & more Grant Park, Chicago, Illinois Sunday August 9th, 2009 Iron Butterfly Jackson Rancheria Casino & Hotel~Jackson, California
Monday August 10th, 2009 Heaven & Hell San Jose State Event Center~San Jose, California
Saturday August 15th, 2009 Hatebreed, Chimaira, Winds Of Plague, Dying Fetus, Toxic Holocaust Senator Theater~ Chico, California
Wednesday August 19th, 2009 Aerosmith, ZZ Top Sleep Train Pavillion~ Concord, California
Monday August 24th, 2009 Green Day Arco Arena_Sacramento, California
August 31st, 2009 Nickelback, Hinder, Papa Roach, Saving Abel Sleep Train Amphitheatre~ Marysville, California
Capital Chaos, founded & created by Zoran Theodorovic was originally created as music video television show to be aired on public access in Sacramento, California. Our first show aired May of 1998 and still runs weekly to this day. In the middle of 2005 Mr Theodorovic invited Clint A. & William P. to participate in the show and a Youtube channel and a website were created. At some point in 2006 Clint went on his way leaving William & Zoran to soldier on, which they did together until January 2012 where William was let go due to irreconcilable differences. Capital Chaos currently enjoys the company of Amb Pirate and Kevin Champ. A new Youtube Channel was created & the website switched to Facebook(because let's face it everybody is on Facebook all the time now and who wants to go to some silly website and miss out on very important Facebook stuff. LOL!!!) and Capital Chaos continues on.
