This is the latest from Hits… [quote]SHOW HIM THE MONEY…or not: Former Sony Music chief Tommy Mottola wont get anything like the $30 million hes reportedly looking for to fund a new label/management/TV venture, according to a report in the New York Daily News, which quoted an unnamed exec as saying, He’s considered old-school, and the business has changed. The report says Mottola has been talking with investment bankers about funding the venture. As previously reported right here. the most likely home for Mottolas label continues to be UMG, but the EMI is another possible scenario; his wife Thalia is signed to EMI Latin. (5/2a)[/quote] :arrow Source: hitsdailydouble.com/news/rumormill.cgi
Mottola won’t get what he wants after all
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