All this dissing, will no one come to the defence of the good old music business? Ah, here comes EMI chief Eric Nicoli. Go for it Eric: "I think too many people are too quick to criticise music companies as resistant to change and desperate to cling to old business models. What they fail to grasp is the fundamental self-transformation EMI and other companies have undertaken to ensure they meet changing consumer and artist demand in the digital revolution. The music business was probably the first content industry to harness the power of the internet and turn it into both a viable new business model and a medium in which creators can prosper." Actually, he wrote that in the Evening Standard last week, but I think his basic point probably still stands. Whether you buy it or not - well that's for you to decide. We'd never try to influence your opinions on this kind of thing. Not like those rotten research firms.
Apr 4, 2006
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1 min read
EMI's Eric Nicoli defends music companies
EMI chief Eric Nicoli has defended music companies in the Evening Standard, arguing they have transformed themselves and that the business pioneered internet revenue models.