Analysts say Sony Corp got a good price for Bertelsmann's half of SonyBMG, at $900 million plus $300 million, with the deal affecting wider industry valuations.…
According to a memo seen by Billboard, EMI chief Guy Hands says the recorded music division returned to profit in the first quarter, with a gross profit of £59.2 million.…
Peter Gabriel tells the BBC that record companies should reinvent themselves as service providers rather than owners of music, and that labels need to be more flexible.…
Radiohead's Thom Yorke is placed at number 63 in the Guardian's Media Top 100, ahead of EMI chief Guy Hands at 80, with Google founders topping the list.…
EMI has appointed Reckitt Benckiser executive Elio Leoni-Sceti as Chief Executive of EMI Music, while Guy Hands steps back to become Non Executive Chairman.…
Jean-Francois Cecillon is leaving EMI as President and A&R chief of EMI International, with his duties split between Billy Mann, David Kassler and Ashley Unwin.…
The Financial Times reports that Elio Leoni Sceti of Reckitt Benckiser is a possible candidate to become CEO of EMI Music under Terra Firma chief Guy Hands.…
Radiohead's Ed O'Brien says the band will never re-sign with EMI while Guy Hands is involved, criticising the Greatest Hits album and saying EMI refused to give them control of their copyrights.…
EMI has closed its college promotions unit, with head Dolly Clew and assistant Jon Kell leaving, amid job cuts across EMI Music under Terra Firma's restructuring.…
A New York Times article reviews ten months of Guy Hands' EMI, reporting Capitol boss Jason Flom is negotiating an exit and that Citigroup may push for a merger.…
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