Talking of EMI, the major's former top man Eric Nicoli has taken a stake in music marketing and management company Nick Stewart & Associates and is expected to play an advisory role with the firm, possibly advising failing music companies on how to trick private equity firms into taking over all their liabilities. Nick Stewart confirmed Nicoli's new involvement in his company yesterday, telling reporters: "I am absolutely delighted that he has agreed to bring a great deal of management savvy and integrity to my business".
Sep 2, 2008
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1 min read
Former EMI exec buys into management firm
Former EMI chief Eric Nicoli has taken a stake in Nick Stewart & Associates and is expected to take an advisory role at the marketing and management firm.