Tag Archive for Roger Faxon

Is This Guy Roger Faxon’s New Boss?

sean-parker

Industry sources tell me that Sean Parker is working furiously behind the scenes with Ron Burkle’s Yucaipa Companies to put together a winning bid for EMI. According to insiders, Parker really wants this to happen. The main competition seems to be…

Cain & Abel At Warner Music

Goobye Junior, hello Lyor?

When Warner Music announced that Junior Bronfman was getting kicked upstairs and being replaced as CEO by sexagenarian Stephen Cooper, a turnaround specialist and long-time Blavatnik associate, could mark the beginning of the end for Junior as well as the…

Next Up: EMI

"Do I hear $4 billion?"

Now that Warner Music has been sold the next big event will be the imminent sale of EMI Music. Most observers assume that Access Industries, the new owner of Warner, and CEO Junior Bronfman will go after EMI. The conventional…

EMI End Is Near

lipstickpig

By now your grandmother knows how Guy Hands has squandered EMI Music, decreasing its value dramatically through mismanagement and sheer hubris, leaving a long trail of dead bodies and ruined careers in his wake. The Guardian reported over the weekend…

EMI: Barbarians At The Gate?

The recent verdict in the Citi/Terra Firma lawsuit has been analyzed more than the federal budget in the media recently. Reporters I’ve spoken with who were present during the entire trial say that there was a black cloud hanging over…

EMI Records Gone Mao

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.…