The last day is Friday for EMI’s most senior executives , the most powerful executives in the global music industry Alain Levy and David Munns. Expect hundreds of lay offs.
Chairman Eric Nicoli was hoping Robbie Williams and a Beatles remix album which were launched during Christmas could help rescue the company, but both albums dissapointed.
If artist development is not the future of the music business then major label layoffs and consolidation is.
(The Financial Times)
most of the beatles fans are dead or listening to country music.you can see what forward thinking like emi has going for it.
That’s very interesting, I believe many changes are to come and very much agree that artist development is the only thing to save the industry.
Artist development is only part of it. 99% of the junk that’s out there lacks songwriting strongpoints.
If “artist development” actually meant something to these schmoes, other than being the newest catchphrase for trying to land the next flavor of the month on TRL for summer, only to leave withering on the vine, then it might mean something. But if you’re thinking any major will actually carry an act for three albums while trying to get to mainstream gold/platinum sales status, you’re deluding yourselves.
Seriously, if EMI was hoping remixes of 40 year old tunes was going to save his job, then they all deserve to lose their jobs.
In the end, it won’t matter how much turnover there is at the top. Because those following in the footsteps of the fallen leaders have learned at the feet and teat of those who have come before and are unlikely to actually *do* anything different, nothing will change beyond marketing slogans. The public still won’t want another Jessica Simpson record.
simple
sign talented bands = $$$$
stop trends
end of story