New boards and promotions at EMI
EMI has replaced its music management board with a chairman's board and an operating board, alongside a series of executive promotions under chairman Guy Hands.…
Guy Hands
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Citigroup keep EMI loan
US bank Citigroup is reportedly not planning to sell on its loan to Terra Firma's EMI purchase, after failing to find a decent deal for the over £2 billion debt.…
EMI appoint Google exec to top digital post
EMI has appointed former Google executive Dougle Merrill to a global digital role, reporting directly to chief Guy Hands from its LA headquarters.…
EMI confirm staff consultation process under way
EMI has begun a staff consultation process to decide which third of its workforce will be cut under new owner Terra Firma, with the biggest cuts reportedly in sales, marketing and distribution.…
New EMI structure in place
Guy Hands' new EMI structure is reportedly in place, with Roger Ames leading A&R, Ronn Were and Mark Hodgkinson running music services, and Chris Rolling leading support.…
EMI begin consultation process over job cuts
EMI has begun a statutory consultation process with UK staff ahead of job cuts of over 1500 people in its recorded music and corporate divisions, with EMI Music Publishing unaffected.…
EMI stays in IFPI
EMI has withdrawn its resignation from the IFPI after talks, with the trade body promising cost-saving measures, following criticism from Guy Hands.…
EMI appointments
Terra Firma MD Stephen Alexander becomes EMI Exec VP of Catalogue, Compilations, Studios and Archives, while Ronn Were takes on licensing and synch.…
Hands admits EMI is more challenging than he expected
Terra Firma boss Guy Hands tells a private equity conference that reinventing EMI has proved far tougher than expected, and criticises its A&R culture.…
Lenny Kravitz next EMI artist to covermount
A Mail On Sunday covermount will feature six tracks from Lenny Kravitz's new album, the second EMI covermount deal this month, amid retailer criticism.…
EMI publishing appointments
Leo Corbett becomes COO and Thomas Kelly becomes CFO of EMI Music Publishing, both internal promotions announced by chief Roger Faxon.…
Hands on his digital aims
EMI boss Guy Hands tells Music Week that digital should shape what the label releases and how, by forming a direct connection with consumers.…