Thursday 25 May 2017

Macca backs bid to save Abbey Road

Sir Paul McCartney hopes the famous Abbey Road Studios can be saved
Sir Paul McCartney hopes the famous Abbey Road Studios can be saved

Former Beatle Sir Paul McCartney has told of his hopes that the famous Abbey Road Studios can be saved after reportedly being put up for sale by owner EMI.

The record company's private equity parent Terra Firma is said to be hoping the north London site - made famous by the eponymous Beatles album and zebra crossing cover shot - could raise tens of millions of pounds.

Sir Paul, who recorded most of The Beatles' songs at Abbey Road, said: "There are a few people who have been associated with the studio for a long time who were talking about mounting some bid to save it - I sympathise with them, I hope they can do something, it'd be great."

He added: "I have got so many memories there with The Beatles. It still is a great studio. So it would be lovely if somebody could get a thing together to save it."

The sale would help EMI to pay down some of the mammoth debts it was saddled with after Terra Firma's highly-leveraged 2007 takeover.

The music group bought the property for £100,000 in 1929, transforming it into world famous studios that have hosted artists as diverse as composer Sir Edward Elgar to Pink Floyd and Blur.

The Beatles used Abbey Road for 90 per cent of their recordings, naming their final album after the studios in 1969.

EMI - which counts Robbie Williams and Coldplay among its artists - posted a £1.75 billion loss for the year to March 2009. The group remained tight-lipped on any sale of Abbey Road or if it was part of a wider asset sale.

Press Association

Promoted articles

Editors Choice

Also in Entertainment