EMI and Universal drop DRM as major labels move towards DRM-free music
EMI announced its catalogue would be sold DRM-free, followed by Universal's six-month experiment, with SonyBMG and Warner expected to follow in 2008.…
Eric Nicoli
53 posts
The EMI saga: from management shake-up to Terra Firma takeover
CMU's review of 2007 traces EMI's year, from Eric Nicoli firing recorded music chiefs to Terra Firma's buyout and the failed merger talks with Warner Music.…
Hands not impressed with EMI excesses
EMI boss Guy Hands has reportedly accused former chief Eric Nicoli's team of wasting up to £100 million a year on excesses including gifts, apartments and candles.…
Terra Firma sell off EMI's corporate flat
The FT reports that Terra Firma asked former EMI chief Eric Nicoli to return the keys to the major's corporate London flat, which is now for sale.…
New EMI chief addresses his staff
Terra Firma's Guy Hands has told EMI staff the firm is committed to the company for the long term, while reports say former executives Stewart and Nicoli received differing payouts.…
Guy Hands hopes EMI is as bad as he thinks
Guy Hands says Terra Firma will keep EMI Music and make it viable, but signals major restructuring, comments that implied job cuts.…
What now for EMI US as Terra Firma takes charge?
With Eric Nicoli out and Roger Faxon in, questions remain over the future of EMI North America chief Roger Ames following Terra Firma's takeover.…
Departing Eric Nicoli optimistic about EMI's future under Terra Firma
Outgoing EMI chief Eric Nicoli has told staff the company is in safe hands under new owners Terra Firma, and will stay on as an adviser.…
Eric Nicoli to step down from EMI as Terra Firma tightens grip
EMI chief Eric Nicoli is to step down as Terra Firma appoints Chris Roling and Ashley Unwin to the EMI board, with CFO Martin Stewart also leaving and Roger Faxon remaining.…
EMI chairman safe for now
Terra Firma has denied rumours that EMI chairman Eric Nicoli will be replaced, saying no decisions will be taken until it takes control in September.…
EMI Music Sound Foundation says UK primary schools spend just 22p per pupil on instruments
Research published by the EMI Music Sound Foundation finds some primary schools have 22 pence per pupil a year for instruments, alongside a £200,000 teacher training package.…
EMI wins Big Tick award for Music Sound Foundation
EMI has won a Big Tick award at the Business In Community Awards for ten years of support for the EMI Music Sound Foundation, which promotes music education.…