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Press Release – 18/02/2010

Facebook group started to save Abbey Road Studios

London, UK. 18th February 2010.

Fans, admirers and former employees are among the thousands joining the Facebook group, with the intention of saving the iconic Abbey Road Studios from the hands of potential property developers.

To date more than 7,000 people have backed the move to keep Abbey Road as a working recording studio.

Due to financial difficulties at the private equity company Terra Firma, which bought EMI for £4bn in 2007, this world famous studio where famous Beatles albums such as Let It Be and Revolver were recorded, as well as the classic Pink Floyd album Dark Side of the Moon and countless others is now up for sale.

As has been widely reported, Terra Firma needs to find around £100 million within 4 months to keep EMI going and service all debts. The studio itself is understood to be up for sale for between £10 and £30 million.

”Abbey Road Studios holds a special place in the hearts of the general public. For many this world class studio was the birthplace of their favourite musical recording.” said former employee Roland Heap, founder of the Facebook group. “Music generated at Abbey Road Studios over the past 80 years has shaped many, many lives.”

“We appeal to EMI to reconsider the sale of this important historical institution and preserve for generations to come this bastion of recording excellence, or if there be no alternative to a sale, that a buyer is sought who can keep these facilities operating at the same exquisite standards as they have always done.”

The Facebook group have also set up a website which enables members of the pubic to sign a petition that will be handed over to both Terra Firma and the Minister for Creative Industries, Siôn Simon.

“Through the Facebook group and the online petition we hope to find and propose a number of solutions to ensure that the studio survives and continues to set the very highest of standards in sound and musical recording” commented Mr. Heap.

The Facebook page can be found at http://www.facebook.com/group.php?gid=306022858586
The petition can be found at www. http://saveabbeyroadstudios.org/petition

- Ends –

February 19th, 2010 | Category: Press Releases

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