Home  Forums |
|
|
|
|
Topic History of: EMI results today
Max. showing the last 5 posts - (Last post first)
|
Walter Sobchak |
15% down in line with their last profit warning, and dividend suspended pending restructure. Catalogue will be used to decrease debt. Warner deal looks dead and buried |
|
Mart |
Mavericks.
Like it.
With all the discussions about crippled majors, free downloads et al, sometimes the entertainment role of music seems to be left out.
Perhaps the Halifax Building society should be running the industry, they certainly would appear to have the maverick entertaining approach in their advertising.
Wouldn`t an all singing all dancing EMI and Universal staff have sold more product wrapping (rapping) their wares in the same way?
In the name of entertainment, I think so.
It all became all to starchy and all too corporate to look like fun to the consumer.
How can a building society look like a more fun place to walk into than a record shop? |
|
DJKZ |
Couldnt agree with you more. It is not a million miles away from a Football club who become a PLC. Sometimes you need that maverick owner to bring in success without being crippled by the board. Should we do a tipsheet wip round and buy EMI when it all falls to pieces. LOL I can see the vultures circling over. Maybe AIM members should secretly table a bid. |
|
JK2006 |
The EMI results today are expected to be awful and, indeed, the company has been pretty cold recently.
Having said that, the trouble with successful labels (and my UK Records was one of the most successful labels of the early 70's) these days is, since they are now owned by huge corporations, shareholders and boards demand constant success.
This is quite simply impossible in music.
Music is all about building and developing.
My band GENESIS took years to break - long after we parted.
But those seeds I planted when the members were teenage schoolboys became tall oaks and are still selling music today.
So... if people investing in music expect immediate or constant profits, they are deluded.
Secondly, I refer the Right Honourable Gentleman to my earlier reply; UNIVERSAL is the worst off company - because it is the best at the old model, thus disguising the serious underlying problems for the entire industry.
At least EMI knows that the problems go deep, are global and need an entire new model to correct. |
|
|
|
