EMI shares down
EMI shares fell 12% after a second profits warning, with the final year figure now expected to be 15% down on 2005/2006.…
Eric Nicoli
53 posts
EMI restructure US operations
EMI is merging its US Capitol and Virgin divisions into the Capitol Music Group under Jason Flom, with Andrew Slater leaving the company.…
EMI Group restructures recorded music division with new international and operations roles
EMI has named Jean-Francois Cecillon CEO of EMI Music International and Ian Hanson COO, both reporting to Eric Nicoli, a week after Alain Levy and David Munns left.…
More EMI stuff
EMI is reportedly considering borrowing against its publishing division, while Alain Levy and David Munns were reportedly told of their sacking by Eric Nicoli in London.…
Major changes at EMI as music chiefs go
EMI has removed Alain Levy and David Munns from running EMI Music, with Eric Nicoli taking direct control, as part of a restructuring targeting £110 million in annual savings.…
EMI chief makes one last plea for copyright extension
EMI chief Eric Nicoli has urged government to extend the recorded music copyright term from 50 to 95 years, ahead of Andrew Gowers' intellectual property review.…
EMI Group confident despite revenues fall
EMI Group revenues fell 4.1% to £867.9 million and profit dropped to £62.7 million in the first half, though chairman Eric Nicoli expects to meet full-year expectations.…
UK government backs live sector skills academy with £7 million
The government has earmarked £7 million for the UK's first National Skills Academy for the live sector, run by Creative & Cultural Skills with industry support.…
Recording and publishing sectors reach agreement ahead of tribunal
The BPI, MCPS-PRS and download platforms have reached an out of court settlement setting a permanent 8 per cent digital royalty for songwriters, with some services paying 6.5 per cent, just before a copyright tribunal.…
EMI puts Warner Music takeover ambitions on hold
Reports suggest EMI will announce it is putting its ambitions to acquire Warner Music on hold, possibly because of the price demanded or the recent EU court ruling on Sony BMG.…
Warner comments on EMI merger negotiations
Warner Music Group has issued a statement on its takeover proposal for EMI, criticising pre-conditions in EMI's offer, including the pre-sale of Warner/Chappell Music.…
EMI and Warner reject each other's takeover proposals
EMI and Warner Music have each rejected the other's takeover proposal, with both boards turning down successive bids as merger talks continue.…