Should record labels adopt the VC mentality
Journalist Andrew Orlowski, writing in The Register, rejects Guy Hands' suggestion that EMI executives should think like venture capitalists.…
Guy Hands
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EMI appoint consumer development director
EMI has appointed Mark Hodgkinson, formerly CEO of Virgin Money, as Consumer Development Director, a role that also gives him seats on the investor and music management boards.…
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 are Bronfman's plans after Terra Firma's EMI takeover?
Speculation continues that Terra Firma may later sell EMI to Warner Music, and Warner chief Edgar Bronfman Jr may comment at a Goldman Sachs conference.…
Former BBC boss John Birt joins EMI board
John Birt, former BBC Director General, has joined EMI's supervisory board, led by Terra Firma chief Guy Hands, to review whether EMI meets artists' needs.…
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 International chief steps down
Jean-Francois Cecillon is leaving EMI International at the end of the week, with his duties split between Billy Mann and David Kassler under the company's restructuring.…
EMI board approve private equity bid from Terra Firma
EMI's board has recommended shareholders accept a 265p per share cash offer from private equity firm Terra Firma, five pence above Warner's latest bid.…
AIM losses up thanks to Warner spat
AIM reported a £41,518 loss, which its chair Alison Wenham partly attributed to the fallout from the IMPALA deal with Warner Music over a possible EMI merger.…