EMI and all that
A review of 2008 at EMI describes Terra Firma's overhaul of the company, including job cuts and the appointment of executives such as Elio Leoni-Sceti and Douglas Merrill.…
Terra Firma
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Terra Firma covers EMI's Citigroup debts
According to the Wall Street Journal, EMI's parent Terra Firma has loaned £10 million to EMI so it does not default on payments on its $2.7 billion Citigroup loan.…
Terra Firma execs leave EMI
Three Terra Firma executives who took roles at EMI have left both companies, and more Terra Firma staff are expected to depart as Elio Leoni-Sceti builds his own team, The Telegraph reports.…
Former Virgin MD Ferdy Unger-Hamilton to lead Polydor
Universal Music UK has appointed former Virgin UK boss Ferdy Unger-Hamilton as President of Polydor, a return to the Universal family he left in 2006.…
More EMI nonsense
EMI Music CEO Elio Leoni-Sceti is expected to outline restructuring plans, as recorded music made £59 million in the first half of the year.…
Flom goes to Universal
Former Warner and EMI label chief Jason Flom is reportedly set to get his own imprint within Universal Republic, the division headed by Monte Lipman.…
Robbie ends 'album strike'
Robbie Williams has reportedly ended his album strike and is writing a new album, with manager Tim Clark telling BBC Newsbeat he is preparing a comeback next year.…
EMI withdraw from Southeast Asia
EMI is closing its Southeast Asian offices, handing marketing and distribution of its catalogue there to Warner Music as part of cutbacks under owner Terra Firma.…
Chatter galore about SonyBMG deal
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.…
EMI confirm outsider to take over as CEO of recorded music
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.…
More EMI CEO speculation
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.…
EMI close college promotions unit
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.…