Capitol Records Building Dropped By Label

Brian Raftery | September 28, 2006 3:01 am

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.

EMI selling landmark Capitol Tower for $50 mln [Reuters]