Shape up, musicians: EMI crack the whip

Published: November 2, 2007, 9:52 am

The new approach to the music industry from Terra Firma is now starting to roll out to the artists, as Guy Hands issues a memo calling on his roster to work harder. Presumably if they don't, Robbie Williams will find his job offshored:Guy Hands, chief executive of Terra Firma, promised fundamental change in how EMI approached the music business, but warned that artists would have to meet their side of the bargain. While many spend huge amounts of time working with their label to promote, perfect and endorse their music, some unfortunately simply focus on negotiating for the maximum advance . . . advances which are often never repaid, he wrote in an internal memo this week.Once EMI's own standards had been raised, he said, it could be more selective: It will be open to us to choose which artists we wish to work with and promote. Of course, there's no reason why EMI shouldn't choose to work like this - dumping the model of signing as much as possible, and

[ Full article ]

Blog link

Comments