Ex-Proctor & Gamble Exec May Head EMI
Guy Hands is reportedly negotiating with Elio Leoni Sceti, the head of home and heath product manufacturer Reckitt Benckiser in the EU to run EMI’s struggling record division. Formerly with. Continue reading
Amidst Layoffs Some Good EMI News
The promised massive layoffs have begun in earnest; and although no one may be in the mood to celebrate, this week EMI’s Coldplay debuted at #1 on the US album. Continue reading
EMI & Capital Begin Deep Staff Cuts
The promised cuts have begun at EMI and its labels. According to various reports: 10 are out at Blue Note, mostly in NYC Capitol Nashville VP of A&R Larry Willoughby. Continue reading
Two Views Of CEO Compensation….
I’ve written several times about executive compensation at the major labels particularly given their recent performance. After all, if the attitude at the top is "Who cares about the future;. Continue reading
Last.fm Adds Universal Videos
They may have lost music from WMG, but starting today Last.fm has added Universal Music Group music videos to its free on-demand service. The deal marks Last.fm’s first major video. Continue reading
A Look Inside The New EMI
In June 2008, EMI is a sad ship without captains, but there is still hope on the horizon. Conversations that I’ve had with EMI staffers and several news reports provide. Continue reading
No Stopping Sales Of Promo CD’s
UNIVERSAL LOOSES COURT RULINGGrab your review copies and call your friends at the labels! Universal sued an online retailer who often re-sold promo CD’s. The courts ruled against the label. Continue reading
Flom Exits Capitol. Are Label Heads Dinosaurs?
Sources have confirmed that Jason Flom, who heads EMI’s recorded-music operations in North America as chairman of Capitol Music Group, is negotiating an exit. He follows Capitol President Lee Trink. Continue reading
BMG In Advanced $1.2-$1.5B Sale Talks
FT Deutschland is reporting that Bertelsmann is trying to sell its 50% stake in Sony BMG for $1.5 billion over the next 4 to 6 weeks, but may only get. Continue reading
EMI Unlocks BBC Vaults
EMI and BBC Worldwide have struck a deal to release EMI related material from the network’s extensive archive of TV and radio recordings. In return the BBC will have the. Continue reading