Emails made public by the US Department of Justice reveal that Jeffrey Epstein contemplated a financial investment in the prominent music company EMI. This consideration appears linked to a suggestion from an associate that the music industry could provide him access to women.
The correspondence, disclosed by the DOJ, includes a message from David Stern, a businessman based in London, who forwarded Epstein an article regarding EMI’s financial difficulties from 2010. Stern described the struggling industry as being "related to P," a term Epstein allegedly used to reference women. For various celebrations, Stern reportedly wished Epstein "lots of P" and evaluated social outings based on a so-called "P factor."
EMI was once a dominant force in the music scene but was subsequently broken into smaller entities and sold to Universal Music Group and a consortium that included Sony Music Entertainment in 2012, following Citigroup's acquisition due to defaults.
In one email exchange, Epstein appears to inquire whether political backing might be necessary, mentioning Lord Mandelson, who held the position of First Secretary of State and Business Secretary in the UK at that time. The emails indicate that Mandelson responded to a message related to EMI; however, the individual referred to as "Ben" remains unidentified.
Epstein proposed engaging former Sony executive Tommy Mottola to lead a potential recovery for EMI, stating his desire to have Mottola "brought in to fix it." Mottola's name features prominently in the DOJ documents, although this does not imply any malfeasance.
The intended investment did not come to fruition. By 2011, conversations within Epstein’s network suggested a potential bid from a consortium that included private equity firm KKR, but this also did not progress into an agreement.
The documents further outline other informal discussions about acquiring modeling agencies and fashion-related companies. Earlier investigations by French authorities examined claims that Epstein associate Jean-Luc Brunel was involved in recruiting and transporting young women, allegations which those implicated have consistently denied.
These emails provide new insights into how Epstein and his network approached business opportunities, including the apparent attempts to link financial investments to gaining access to women.
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