EMI restructures again, promising one third job cuts and increased emphasis on digital and A&R
Tagged: EMI
Source: Music & Copyright, Informa Telecoms & Media,
Page: 358, Issue 358,
Date: 5, 13/2008
Month: January
Page: 358, Issue 358,
Date: 5, 13/2008
Full Text:
This year (2008) EMI plans to restructure their recorded music division. They intend to cut between 1,500 and 2,000 jobs worldwide to produce savings of almost $400m. Many artists are threatening to not deliver albums until EMI has demonstrated their ability to market and promote the albums.
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