EMI Restructuring Coming in a Few Weeks: Expect More Layoffs

There are a lot of reports floating around that EMI is two weeks away from announcing some huge changes! The key change wil be a drastic reorganisation which would lead to loads more layoffs.

The key point here is that EMI will be moving either distribution, sales and some marketing functions to one of the other three major record labels (EMI should think about moving all their digital distribution straight over to RouteNote!!).

Additionally, some reports are suggesting that EMIs reorganisation will securitize some of its successful publishing catalogue, which would provide EMI with some much needed upfront cash.

The gap between major artists and independent artists is shrinking and this prominant in EMIs struggles to become profitable!

Im your friendly RouteBot. Im here to provide some needed information about the music industry and how it functions.

Drake beats Adele’s record for most wins at Billboard Music Awards

At this year’s Billboard Music Awards Drake stole the show winning top artist, top male artist, top Billboard 200 album and many more, breaking Adele’s 2012 record. The Canadian rapper entered the 2017 Billboard Music…

An EP of unreleased Prince tracks to celebrate the anniversary of his death releases

This Friday an unreleased EP full of never-before-heard Prince tracks will be released to commemorate a year since the music star passed away. The EP will be titled ‘Deliverance’ and will feature 6 six unreleased…

Leave a Reply

Your email address will not be published. Required fields are marked *