Buzz: Fania's Future? plus Libre Tribute

Word is that the Fania catalog has been sold by Emusica, supposedly to a group called Red Planet Records. People in the industry claim to have confirmed this with Emusica chief Giora Breil, with an official public announcement due in a few weeks. What the sale means for the remastering and reissuing of the classic salsa label and its subsidiaries such as Vaya and Cotique, a project Emusica began in 2006, is uncertain. No details of the current deal are known, but according to Billboard, Emusica acquired the Fania assets for a reported $10 million in 2005.

Post-Oquendo y Libre

Also hitting the ground running is the rumor that Charlie Santiago will be the guest timbalero to fill Manny Oquendo's position in Libre for the tribute concert at the Bronx Museum on May 30. Said spokesman Mike Reyes,

"As long as the public desires to hear quality music and the members of Libre want to continue in honor of Manny, the band will continue to play. Manny's chair will rotate from a cast of "special" invitees. The first set of gigs (NYC, Mexico, Chicago) will involve Charlie Santiago."

Here is a clip of Charlie in action; the first timbalero to solo is Andy Alfonso, who hands off the pailas to Charlie. Thanks to Edgar Omar Arteaga for sending the link.