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Well, sort of: EMI has sold L.A.’s famed Capitol Records building for $50 million. The label and the studio will remain–they’ve signed a long-term lease–but it’s only a matter of time before Chingy’s conference call with marketing execs is drowned out by some new Amanda Scheer Demme-owned monstrosity.
Capitol Records Building Dropped By Label
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Great. How long before buyer tears down the building and replaces those old 45s with an iPod? (They might also think that the morse code light blinking “Hollywood” at the top of the building might be better put to subliminal advertising.) Too bad. The Capitol building’s one of my favorite sights from the freeway.