The BBC is reporting that record label EMI are putting the historic Abbey Road studios up for sale, causing consternation in the music world.

Given its practically mythical status among musicians and fans (especially Beatles fans), many are hoping 3 Abbey Road will remain in use as a recording complex in the future.
Though the most famous product of the Abbey Road studios might well be The Beatles' Sgt. Pepper's Lonely Hearts Club Band; Pink Floyd's "Dark Side of the Moon" and seminal recordings by Glen Miller, Take That, Frech Horn virtuoso Dennis Brain, Cliff Richard, Radiohead, Sigur Rós, Edward Elgar, and countless other artists were also made there since it opened in 1931.
Dave Robinson of Pro Sound News Europe magazine says, "It is an extensive piece of real estate and it must cost a lot to run. There are easier ways to make records these days, with a laptop and a microphone. You don't need these big places." Read more »