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WHAT IS THIS? The CMU Daily - to which you are subscribed. Unsubscribe information is at the end. NOTE: Make sure you 'enable images' to see this e-bulletin properly. CLICK HERE to read this online. |
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![]() ![]() EMI CHIEF BRIEFS STAFF ON TAKEOVER PROCESS It's a long letter, including a FAQs section, but here's the summary: - As we already knew, the Sony/ATV acquisition of EMI Music Publishing, like Universal's purchase of EMI Music, is subject to regulatory approval, so the EMI Group will carry on as normal for a few months yet while that process is completed. Sony and Universal will make the initial submissions to competition regulators, though Faxon admits EMI's legal and business affairs teams will have quite a workload providing said regulators with the information they require. - Work is already underway to achieve the legal separation of the EMI company. EMI's VP Finance, Jade Moore, formerly with Terra Firma, is leading that work. It's a complicated process involving the boards of the various companies around the world that make up the EMI Group. - EMI has also pledged to help Sony/ATV with its rather complicated plan to "issue bonds as a part of the acquisition financing". No, I don't know what that means either, but presumably finance dudes at both Sony/ATV and EMI do. - It's not clear how long it will take for the two takeover deals to complete (assuming they are not blocked by competition regulators, of course), nor which deal will be completed first, though Faxon says they don't have to complete at the same time. - In the months it takes for legal split and regulatory approval to be completed, it will be business as usual at EMI, with both the labels and publishing business able to enter into new deals and licensing arrangements, albeit with a slightly tweaked approvals process. - Faxon says he's unable to comment on what plans Universal and Sony/ATV have for their acquisitions beyond what was said in the two buyers' press releases on Friday. In fact, because of competition rules, the new owners are specifically not allowed to provide any instructions to EMI execs regarding future direction until the regulatory process is completed. The same applies to integration plans. So strict are the rules regarding communication between seller and buyer where regulatory investigations are underway that guidelines will be given to EMI staffers on what they can and cannot do, with which Faxon urges his staff to comply, because "truly there are some very serious consequences for EMI if we screw this up". - But what about redundancies, Faxon? That's what everyone wants to know. Well, business as usual seemingly means jobs are safe until after the sale transactions are completed. Which means a few more months job security before the inevitable downsizing, especially on the labels side. So, there you go, pretty much everything Faxon could say in such a regulated scenario has been said. Though the various questions we posed yesterday about the EMI sale remain unanswered, very possibly because no one in authority at EMI, Universal or Sony/ATV has considered them, or is even in a position to do so just yet. -------------------------------------------------- ITUNES MATCH LAUNCHES IN US As previously reported, iTunes Match offers an important extra bit of functionality to Apple's digital locker which distinguishes it from the rival services offered by Amazon and Google. iTunes will scan the music stored on a user's computer and, for any track also in the main iTunes library, will drop a copy of the song into the user's iCloud account without them having to upload anything. Once in the iCloud, tracks can be redownloaded to any net-connected Apple or iTunes-carrying device. Apple's digital locker service is licensed by the music companies, unlike Amazon and Google's lockers, which enables them to offer the scan and match functionality. While, outside the UK, the basic locker service - where users manually upload copies of their MP3 collections - doesn't need a licence from labels and publishers because it exercises the user's private copy right (of course whether a licence is needed if the locker streams the content back to the users is of debate), as soon as the locker provider is making copies on a customer's behalf a licence is definitely needed. A UK launch of iTunes Match is planned for 2012, though we don't know any more than that just yet. NEW RED HOT CHILI PEPPERS GUITARIST NOT A MAGICIAN Says Flea: "John and I had established such a language together - if I started playing bass with John, he'd make awesome grooves that we didn't need to talk about or think about. With Josh, we'd start playing something and I'd be like: 'Okay, when is he going to do that magic thing where we create the cosmic perfect groove?' and he just wouldn't do it. But then I realised that I was sitting there waiting for something because it's what I was used to, and that I need to let Josh be Josh". MOUSE ON MARS SIGN TO MONKEYTOWN NEW LITTLE BOOTS SINGLE, WAREHOUSE TOUR With said long player due out next year, Boots is set to end an international DJ tour with a secret 'Shake' launch somewhere in east London next month. The ever-present James Ford, plus Crazy P, Horse Meat Disco and Kris Di Angelis, will be in attendance at the TBA warehouse party, which will take place on 3 Dec. soundcloud.com/littleboots/little-boots-shake-single -------------------------------------------------- ABBEY ROAD ANNOUNCES RESULTS OF ANTHEM COMPETITION Abbey Road's actual 80th anniversary was last weekend, neatly coinciding with the day its owner EMI was ripped apart by a bunch of odious bankers. Perfect timing. Let's have a party. -------------------------------------------------- THE MILK TO RELEASE B-SIDES EP UNRELEASED MICHAEL JACKSON FOOTAGE TO BE AUCTIONED According to The Independent, the video, recorded in Buenos Aires, was given to a Brazilian chauffeur as "a bonus" for his time spent ferrying the singer around during the tour. The driver kept the VHS tape a secret until after Jackson's death in 2009, when he posted a short section to YouTube. That clip was then taken down due to a copyright notice, and Sony Music and the Michael Jackson estate both subsequently claimed ownership of the footage. However, the driver was seemingly later named the legal owner of the recording, allowing the big sale. According to reports, the two hour tape features performance and backstage footage, and features appearances from Jordy Chandler, the teenager who later launched the first child abuse lawsuit against the singer. As a result, the tape has a reserve price of £4 million, which it is expected to be exceeded when it goes up for sale on 26 Nov. Ted Owen, CEO of Fame Bureau auctioneers, told The Independent: "I'm very excited that this tape is finally going to be seen because of its quality, the amount of cameras used and the sheer closeness you are to the performance when watching it". Elsewhere in Jackson news, the singer's former PA (and brother of Jackson producer Eddie Cascio) Frank Cascio is due to publish a book, entitled 'My Friend Michael: An Ordinary Friendship With An Extraordinary Man', detailing his time spent working with the singer and the friendship he had with him as a child. In it he apparently admits to paying off doctors and getting prescriptions in his own name to feed the singer's desire for prescription drugs, claiming that he first saw Jackson taking propofol (the drug that ultimately killed him) after he was legitimately prescribed it for injuries sustained in a fall in 1999. JUSTICE ANNOUNCE 2012 TOUR DATES Tour dates: 9 Feb: Bristol, Academy JULIE'S BICYCLE MAKES RECOMMENDATIONS FOR MORE ENERGY EFFICIENT FESTIVALS Which probably means nothing to you, but basically that's a lot. In fact, the energy use of the festival sector could power 10,000 homes for year. That's in no small part because of the inefficiency of the diesel generators used by festival managers, which often run at an average of 40% fuel efficiency. These stats come from research work done by the University Of Sussex, the Power Providers Forum and music industry environmental group Julie's Bicycle, who together set out to review the eco-creds of British festivals with a view to offering advice to promoters as to how they might make their events more green. Among the recommendations to be made as a result of the research, are that festivals look to reduce their energy use by rationalising generator use, using more efficient PA and lighting kit, looking into the use of renewable energy sources and/or waste vegetable oil biodiesel (which currently meets 3-6% of festival power demand), and reviewing tour bus operations with regards energy usage. Julie's Bicycle Director Alison Tickell told CMU: "Mapping power supply across UK festivals was identified by the Power Provider's Forum as the first joint step towards building a sustainable festival sector. This research reveals the scale of opportunity, the strength of commitment and the missed tricks. Our second step will be to focus on a small number of joint actions to make the difference". -------------------------------------------------- HMV LAUNCHES STAND ALONE GADGET SHOP FOR CHRISTMAS As much previously reported, more floor space is being given to entertainment-based tech toys - so iPods, tablet computers, gaming consoles, speakers, headphones - at HMV stores across the UK as the struggling retailer tries to reposition itself within the flagging entertainment retail market. But this will be the first HMV store almost exclusively dedicated to tech items, with only a small number of CDs, DVDs and video games available. Although a temporary shop for Christmas, it's thought that if the pilot Techshop, near St Pauls in London, is a success, the brand and format may be rolled out elsewhere on a more permanent basis. The location of the try-out new look HMV shop is possibly significant - partly because City types have more cash to waste on techie nonsense, but possibly also because HMV is trying hard to convince the investment community it is moving beyond being a simple CD/DVD retail firm, but the money men are finding it hard to imagine HMV as anything more than a disk seller. Having an HMV Techshop right under their noses may help. Though, of course, some cynics might ask, if US electronics giant Best Buy has had to leave the UK market, and a long-standing consumer electronics chain like Comet is being sold for £2, what makes HMV think it can turn round its fortunes by selling tech goods? Though HMV management insist their expanded gadget departments are delivering across the retail chain. -------------------------------------------------- GAGA PARTS COMPANY WITH CREATIVE DIRECTOR MediaTakeOut say Gaga and Gibson had a "bitter fight" before deciding not to work together anymore, while other websites have speculated about various falling outs on recent video shoots. One report said Gaga was pissed off that Gibson told a journalist Madonna inspired the pop star's "ever-evolving style", even though the Lady is keen to avoid Madonna comparisons. Whatever, Team Gaga have confirmed to The Hollywood Reporter that the Gaga/Gibson creative partnership is no more, and it seems Gibson's number two on Gaga projects, Richard Jackson, is now coordinating the singer's routines. -------------------------------------------------- ANORAK APPOINTMENTS SUN GOSSIP MAN JOINS XFM Look, here's Xfm Programme Director Andy Ashton saying shit: "Gordon is one of the most connected and in-demand showbiz interviewers in the UK and comes with one of the most enviable and jam-packed music and entertainment little black books. Full to the brim with A-list guests and backstage gossip from the biggest events around the world, 'Smart On Sunday' is set to be a must-listen show for our audience across the UK". Smart himself added: "Joining Xfm is up there with the day I got my first BMX. Sunday hangovers should never be suffered in silence and Xfm has helped me get through plenty of them over the years. Now it's my turn to crack open the brilliant x-list, play some of the celebrity chats from my travels with The Sun and soothe some of those sore heads. I can't wait to get started". -------------------------------------------------- MARK FRITH TO RETURN TO BAUER The former Smash Hits editor, perhaps best known for reinventing a then flagging Heat magazine into the c'leb rag we all know and love today, Frith spent many years with magazine makers EMAP before leaving in 2008 just before Bauer Media took over the company. His most high profile role since then was as Editor of Time Out, though he consulted on a number of other magazines too, including new pop title We Love Pop! Frith will join Bauer in the New Year. His appointment was announced at the same time as the promotion of Abby Carvosso, currently Bauer's Head Of Magazine Sales, to the role of MD Lifestyle & Advertising. Confirming both appointments, Bauer Media CEO Paul Keenan said: "These appointments are indicative of Bauer Media's continued commitment and investment in the delivery of world class editorial products and commercial operations. Mark and Abby are both very strong, very talented leaders and will play an important part in the further development of our vision for the future". -------------------------------------------------- TINIE TEMPAH TO APPEAR ON BIEBER TV SPECIAL It also looks like Tinie Tempah will guest to do some rapping (well, it is nearly Christmas), most likely providing the Busta Rhymes bit for the Biebster's version of 'Drummer Boy'. We assume this because Bieber tweeted this weekend: "Shooting this ITV Special for 'Under The Mistletoe' here in London and u know I had to bring my guy Tinie Tempah through foe a UK REMIX!" Meanwhile Tempah himself tweeted the same night: "Just done something incredible!" ![]() ![]() COURTNEY BERATES KURT PHOTO HOLDING FAN Love stormed off stage during a set at a Brazilian festival last weekend because a member of the crowd had the audacity to hold up a photo of Kurt Cobain while she sang. Seemingly not wanting to look at a her photo of her late husband (which is possibly understandable - though presumably the fan intended the photo as a tribute), she reportedly turned on said crowd member between songs and said: "I don't need to see a picture of Kurt, you asshole, and I'm going to have you fucking removed if you keep holding that up. I'm not Kurt, I have to live with his shit and his ghost and his kid every day and throwing that up is stupid and rude and I'm going to beat the fuck out of you if you do it again". Rambling on in a way that only those who used to follow Love on Twitter would be able to cope with, she continued: "You weren't fucking married to him, I fucking was. You didn't get kicked out of a band by him, like Dave, he did. Go see the fucking Foo Fighters and do that shit. Great, we'll leave now, fuck you". Love then stormed offstage, but was persuaded to return a minute or so later, partly after a member of her entourage managed to persuade the crowd to shout "the Foo Fighters are gay". She subsequently returned to the stage declaring: "I don't care what you listen to at home, but if a guy takes off money off my kid's table, fuck him". So, that's all fun. Still undecided as to whether Courtney Love's a strong-minded rock chick or a tedious drama queen? Well, watch the whole thing on tape: www.youtube.com/watch?v=ZFPOPrdyig4 |
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