Bad habits: Ed Sheeran’s music school in the red before rescue amid huge debts Business The Surrey music school, whose former students include Ed Sheeran and the 1975’s Matty Healy, fell into the red before being taken over, its latest corporate filings show. The Academy of Contemporary Music (ACM) in Guildford has posted a pre-tax loss of £797,474 for its latest financial year – the 12 months to 31 August, [...]