Let a hundred flowers bloom, let a hundred schools of thought contend… Mao Tse-Tung’s famous words of encouragement about the arts and sciences in the people’s China harkens back to the halcyon days of when Terra Firma bought EMI Music. In fact, it pretty much is what every EMI Records CEO has said when...
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As we all know, the CEO merry-go-round at EMI has been quite entertaining for the outside world, if not for EMI staffers. One of Terra Firma boss Guy Hands’ very first mistakes after he closed his purchase of EMI was appointing himself as CEO. In an industry known for its hubris, Hands set the...
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I want to officially welcome Elio Leoni-Sceti, Ronn Werre and Sylvia Coleman of EMI to my little site. I was in London a couple of days ago with a friend and we just happened to bump into the three of them and I was introduced. They told me that they were avid readers so...
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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...
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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...
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