Epstein Eyed Record Label Investment to Access Women, Files Suggest
Key Takeaways
– Jeffrey Epstein considered investing in EMI Records, a significant player in the music industry, after suggestions from his associate.
– Emails reveal Epstein’s motivation was linked to access to women, specifically referenced in derogatory terms by his associate David Stern.
– The emails exchanged between Epstein and Stern provide insights into Epstein’s network and intentions in the music business.
Epstein’s Interest in EMI Records
Recent emails from the U.S. Department of Justice reveal that Jeffrey Epstein contemplated investing in the music company EMI. This interest was spurred by David Stern, who indicated that the music industry could provide Epstein with access to women, which he referred to with the derogatory term P. Key points from the emails include:
– Stern told Epstein that the music industry was “related to P,” which he often associated with women.
– Epstein expressed interest in this investment, questioning whether he needed help, referencing Lord Mandelson, a prominent UK politician at the time.
– Stern did not respond to requests for comments on these exchanges.
Background on David Stern
– Stern, a London-based businessman, was closely connected to Andrew Mountbatten-Windsor and had previously directed the startup competition Pitch@Palace.
– He acted as a mediator in financial dealings involving Sarah Ferguson and had connections to China, often flagging potential business deals to Epstein.
– In February 2010, he forwarded an article regarding EMI’s financial troubles, referring to it as a troubled industry but related to P.
The Confidential Communications
During the negotiations around the potential EMI investment, there were several noteworthy exchanges:
– Epstein considered soliciting help from Lord Mandelson, who at the time was the First Secretary of State and Business Secretary in the UK.
– An exchange between Epstein and Mandelson indicated that further discussions were necessary regarding the investment opportunity.
– Epstein suggested that if the deal progressed, he would appoint Tommy Mottola, the former CEO of Sony Music, to manage the investment. Mottola’s name appears frequently in the released DOJ files, although his involvement does not imply wrongdoing.
The Paths Not Taken
The proposed deal with EMI never materialized, and control of the company eventually shifted to Citigroup. By 2011, discussions regarding an EMI bid resurfaced, with businessman Kevin Law mentioning a syndicate including KKR, a major private equity firm. However, Law later denied any involvement in bidding or business dealings with Epstein.
Ongoing Interests in the Music Industry
In 2011, Stern remained keen on acquiring a record company, noting that EMI could attract interest from Chinese investors if structured properly, stating it would be a great asset to have for P! Despite this enthusiasm, Epstein did not proceed with a purchase.
Conclusion
The recently released DOJ files highlight Epstein’s problematic interests in investing, particularly in industries that could facilitate his access to women. While the EMI investment never took off, the implications of these communications paint a troubling picture of Epstein’s motives and his connections within the business world. The context suggests that Epstein’s reach extended beyond financial investments, intertwining with disturbing patterns that warrant careful examination in ongoing discussions حول the female subjects involved.