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Topic History of: EMI
Max. showing the last 5 posts - (Last post first)
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JK2006 |
Well BB you may have been right but all those problems were exactly why Nicoli asked me to take over and exactly why I felt a major change was vital. Remember Napster? My ideas would have provided a music industry way of beating that - and the Apple/iTunes/YouTubes that emerged. YES the music industry was heading for the dumper. I still believe I would have saved it. |
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Blue Boy |
JK2006 wrote:
Well BB my memo to Nicoli when he asked me to take over EMI said everything that years later You Tube, iTunes and Spotify have done. Except owned and run by EMI. Globally. EMI would be the music equivalent to APPLE if I'd been allowed to take over. I was quite good at reviving failed organisations. Look what happened when I took over Eurovision for the UK.
As I said I don't believe anyone could have saved EMI
- Although EMI had a good UK presence they only had a worldwide market share of around 11%, not enough influence to push through market change and acceptance of a different business model
- None of the majors were going to licence their music rights to a competitor. They preferred to get screwed by a third party such as Apple, YouTube or Spotify than trust another record company
- Capital Records in the US were haemorrhaging money and the whole North American operation had been a shit show for years
- The total market was in steep decline in 2000 and would continue to be so. Everyone was restructuring salami style and it was a massive drain on management and financial resources
- The various label and country heads had very large egos and their default position would always be to resist change i
I'm sure that turning around Eurovision or the BRITS wasn't easy but the complexity of single event management doesn't compare to a multi national company with thousands of employees operating in many diverse markets |
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Green Man |
JK2006 wrote:
Well BB my memo to Nicoli when he asked me to take over EMI said everything that years later You Tube, iTunes and Spotify have done. Except owned and run by EMI. Globally. EMI would be the music equivalent to APPLE if I'd been allowed to take over. I was quite good at reviving failed organisations. Look what happened when I took over Eurovision for the UK.
It's interesting you say that, JK. The piracy boom did get phased out in favour of streaming, but physical media is popular. When people buy merch at shows they have both vinyl and CD, a lot of tend to buy the vinyl releases but to me it's still a con.
The problem with the UK music scene it's now catered for those with low IQ. In the pub earlier, I saw group of teens in Motley Crue and Iron Maiden shirts. You would have thought that in 2025, there would be a new generation of metal bands topping the UK charts. Don't say Ghost! |
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JK2006 |
Well BB my memo to Nicoli when he asked me to take over EMI said everything that years later You Tube, iTunes and Spotify have done. Except owned and run by EMI. Globally. EMI would be the music equivalent to APPLE if I'd been allowed to take over. I was quite good at reviving failed organisations. Look what happened when I took over Eurovision for the UK. |
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Blue Boy |
JK2006 wrote:
Note the writer has no interest in what MIGHT have happened if JK had become global EMI boss in 2000!
I worked in a senior position at one of the top music companies during the 80's, 90's and early 2000's
I can guarantee that in 2000 no chief executive hire could have survived at EMI.
The problem was that the overall market was shrinking fast and all the record companies were bloated and overstaffed. Technology changes were comining but at that time there was no clear and obvious path forward and all the options were expensive and untested. |
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