Tag Archive
Welcome EMI
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... »
EMI To Mom & Pops: Eat Cake Bitch
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... »
EMI: Round And Round…Again
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... »
Elio Speaks: What, Me Worry?
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.... »
EMI Tapped Out
The Wall Street Journal reported last week that Terra Firma had to put up another $44.8 million to bail out EMI. Of course everyone at EMI didn’t know about it because they’ve been forced to cancel their subscriptons to the WSJ in cost cutting moves. So this brings Terra Firma’s investment in EMI to... »
Commentary: Are Record Labels Having A Sunni Awakening?
The Brits released the results of a new study yesterday claiming that 7 million people in the UK are illegally file sharing, costing the economy billions of pounds. Consequently the Strategic Advisory Board for Intellectual Property (SABIP) says it may be hard to change attitudes. Duh. You think? This is news? Give me a... »
EMI: Cost Cutting For Fun And Profit
Amidst all the bad news for record companies lately, the newly reconstituted EMI was bubbly last week when the company announced a $246 million profit. Of course that profit was a direct result of massive cost cutting. And from what I hear, the cuts are very, very deep. A buddy of mine was visiting the... »
Coldplay Does It Again!! Here Comes Another Lawsuit
I’m sure you recall that pablum rockers Coldplay have been accused of plagiarizing their biggest hit “Viva La Vida” not by one other songwriter, but two. Guitarist Joe Satriani filed a lawsuit and Brooklyn band Creaky Boards also accused the band of stealing their stuff. Well, according to a report in the Brit... »
Breaking News: Coldplay Tries To Get Hip
Wimp soft rockers Coldplay are trying to get hip by giving away their new CD. Fans who attend one of their upcoming North American tour dates will get a free copy of their new live album The CD, called “LeftRightLeftRightLeft,” will also be available as a free download through the band’s website www.coldplay.com This isn’t the... »
