Newly released files from the United States Department of Justice have shed light on conversations involving Jeffrey Epstein and his associates about a possible investment in the music company EMI. The emails suggest that the proposed business deal was discussed alongside references to social connections within the entertainment and fashion industries.
The communications, which date back to around 2010 and 2011, reveal how financial opportunities were often linked with access to influential circles. The documents also mention several well-known figures from politics, business, and the music world, highlighting the wide network involved in the discussions.
Emails Between Jeffrey Epstein and David Stern Highlight EMI Interest
According to the files, London-based German businessman David Stern shared information about EMI’s financial troubles with Jeffrey Epstein. At the time, EMI was struggling with debt and ownership uncertainty, making it a potential target for investors.
Stern forwarded a short news article describing EMI’s situation and suggested the music industry could offer broader social opportunities. Epstein responded by expressing interest in exploring the deal and asked whether political connections might be useful.
The emails include references to Lord Mandelson, who was serving as First Secretary of State and Business Secretary in the United Kingdom during that period. Stern reportedly suggested it was too early to involve Mandelson until more details about the investment were known.
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A few days later, Epstein appeared to contact Mandelson directly to discuss the EMI matter and request a business contact. Parts of these exchanges remain redacted in the released documents, leaving some details unclear.
The messages also show Epstein proposing that experienced industry leaders could help revive the company if an acquisition moved forward. He mentioned Tommy Mottola, a former head of Sony Music, as someone he would consider bringing in to manage the project.
Despite these conversations, the investment did not materialize. EMI’s main lender, Citigroup, eventually took control of the company as its financial challenges deepened.
Wider Discussions Included Andrew Mountbatten-Windsor and KKR
The documents suggest that discussions about EMI continued even after the initial opportunity faded. Business contacts explored the possibility of joining investment groups if the company returned to the market.
One message from Kevin Law, a businessman based in Connecticut, referred to placing a UK contact into a syndicate connected with KKR, a major private equity firm. The communication mentioned “Andrew from the UK,” which investigators noted could refer to Andrew Mountbatten-Windsor, although this was not confirmed.
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Law later stated that he did not bid on EMI with any group and did not complete business deals with Epstein. KKR declined to comment on the historical discussions.
During this period, Stern also expressed continued interest in acquiring a record company, suggesting that EMI could appeal to international investors if structured correctly. However, no purchase by Epstein or his circle took place.
In 2011, Citigroup split EMI into two parts. The following year, the business was sold to Universal Music Group along with a consortium involving Sony and record executive David Geffen. This marked the end of EMI’s long history as a standalone music conglomerate.
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The files indicate that the EMI conversations were part of broader discussions about investments across entertainment, modeling, and fashion. Emails show Epstein and associates exploring opportunities to acquire model agencies and fashion-related businesses, though these deals also did not proceed.
Investigators had previously examined connections between Epstein and figures in the fashion world, including modeling agent Jean-Luc Brunel. Authorities suspected that fashion industry contacts were sometimes used to arrange travel, accommodation, or introductions involving young women.
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The newly released documents also contain informal exchanges about social events, travel destinations, and industry gatherings. These details illustrate how business ideas were often discussed alongside access to high-profile social environments.
Several individuals whose names appear in the files have stated that inclusion does not indicate wrongdoing. Companies mentioned in the emails have largely declined to comment, noting that the conversations relate to events more than a decade old.
Overall, the files provide additional insight into the network surrounding Jeffrey Epstein and the range of industries that were explored for potential investment. The communications show how discussions about EMI and other businesses were intertwined with broader social connections across music, fashion, and global business circles.
