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.

Kanye West being sued $2.5 million for Yeezus’ New Slaves sample from Hungary

Kanye’s back in the news, but this time it’s not over any controversial tweets, outbursts, or new music – but because a Hungarian musician refused $10,000 from the rapper for a sample on his track New…

Rage Against the Machine, Public Enemy, and Cypress Hill Form New Supergroup

Members from the three groups are coming together to form an alternative hip-hop supergroup with a debut concert planned for next month. The internet went wild last week when a countdown website appeared suggesting a…

Leave a Reply

Your email address will not be published.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