Has Hands ordered an IE retraction?
HitsDailyDouble reports that EMI's Guy Hands is considering legal action against ie:music head Tim Clark over comments he made to the Times about EMI.…
Terra Firma
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EMI chief now interested in buying Chrysalis
EMI boss Guy Hands has made a bid to acquire Chrysalis Music, the publisher of Blondie and Leonard Cohen songs, which is open to offers after selling its radio division.…
More EMI
The Music Managers Forum says artist managers are cautiously open to EMI's changes, while Roger Ames and JF Cecillon stay and new roles are named.…
More EMI shenanigans
EMI boss Guy Hands has outlined a restructure that merges labels and sales, cuts its roster of around 14,000 artists and seeks new artist partnerships.…
The EMI saga: from management shake-up to Terra Firma takeover
CMU's review of 2007 traces EMI's year, from Eric Nicoli firing recorded music chiefs to Terra Firma's buyout and the failed merger talks with Warner Music.…
McCartney says he left EMI because they were boring
Paul McCartney has said he left EMI earlier this year because its marketing staff were uninspiring, in an interview with The Times, and he has since moved to Starbucks-backed Hear Music.…
EMI COO steps down
EMI chief operating officer Ian Hanson has stepped down as owners Terra Firma continue reviewing the major, with Mike Clasper taking over temporarily.…
EMI seek to reassure artists
EMI boss Guy Hands has written to artists reassuring them about the label's future, after a staff memo criticised some artists, while managers remain unconvinced.…
Mobile music worth 11 billion by 2011?
A report from Understanding & Solutions predicts mobile music will be worth $11 billion and a third of the music industry by 2011.…
Terra Firma complete £250 million equity sale on EMI
Terra Firma is reportedly close to raising £250 million by selling 15% of EMI to other investors, with plans to exit in 2012 at around £9.4 billion.…
Hands expects good return on EMI investment through cuts and digital boost
Guy Hands has reportedly told potential investors they could earn two to four times their money in EMI over five years via cost cuts, digital growth and acquisitions.…
EMI make new investor board appointments
EMI has appointed former BAA chief Mike Clasper and producer Billy Mann to its Investor Board, as new owners Terra Firma reshape the company.…