Here’s a really good one for you. Last week EMI sales reps started making calls to many if not all of their small accounts, mostly independent mom & pop stores, to tell them that they would no longer sell them product!!! Were these accounts bad payers? Nope. Would they not stock catalog or new... »
Many journalists have written about the lack of a business model for Twitter. It seems to boggle a lot of minds that Twitter has become so big and yet to make a nickel. In fact, many question the real usefulness of Twitter, finding the whole concept of Tweeting rather stupid. Remember when Stephen Colbert... »
The other day Billboard Magazine published an analysis on the effect of variable pricing using Nielsen SoundScan data on February-May sales of hits and a sample of popular catalog songs. They found that “while variable pricing made sales volume decline, higher prices compensate for that to create more revenue”. They note that results vary... »
God I know it may be getting old, but EMI just never fails to do stupid stuff to keep jerks like me interested. This time, they’ve started their own HR merry-go-round. Maybe musical chairs would be a better metaphor. A friend in London was telling me a crazy story. Everyone knows that EMI has been... »
Much has been made about the new subscription service that Virgin Media is launching this coming December. And the timing of the announcement, the day before the Digital Britain Report was released, was no accident. That report, although mostly focused on broadband penetration, suggested that warning letters and “technical solutions” from the ISP’s be... »
According to a new study released yesterday, file sharers in the UK couldn’t care less about getting warning letters from the ISP’s. They would, however, stop illegally downloading if their net connections were cut. Some pretty drastic stuff, no? The study was commissioned by Wiggin, one of the top media and technology law firms in... »
I know that I have been writing a lot lately about EMI. I know that it seems as though I’m beating up on them. But to paraphrase the great Willie “The Actor” Sutton’s response when asked why he robbed banks, “Because that’s where the money is”. Last week brought lots of news from the ongoing... »
You’re looking at one of the finest hotels in the world, The Langham Place Hotel in Hong Kong. According to the hotel web site: Among 5-star Hong Kong hotels, Langham Place Hotel Hong Kong is unique… Langham Place captures the vibrancy and buzz of local culture like no other. And presents it in a way that’s... »
The following is an internal memo from EMI’sElio Leoni-Sceti to his staff: Dear all: Over the past couple of days, there have been some misleading and inaccurate media reports about EMI’s financial position. You may receive questions from artists and business partners. The facts are as follows: EMI’s financial structure EMI has an extremely stable and flexible financial structure.... »
The Music Void
