A $156 million infusion of money to Terra Firma, the company that owns EMI, should enable the label to survive its most immediate crisis - the threat of foreclosure that could result if it failed to make a sizable payment due CitiGroup in June.  The storied label that was home to many Rock greats has been reeling from both the decline in album sales and issues with its artists.  Paul McCartney recently announced he would end his 40 year association with the label (story), and EMI also came out on the losing end of a suit Pink Floyd members filed against it over the sale of individual tracks from the band's catalogue. (story)  Terra Firma  has apparently taken action of its own against the banking group, claiming that it was duped into paying too much to acquire EMI.  Success in that case could enable Terra Firma to restructure EMI operations and possibly reduce some of the crushing debt load it is under.  The label has so far managed to avoid having to sell Abbey Road Studios to raise needed cash, a measure that some believed would become necessary a few months ago.
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