that he has just completed and expensive and extensive redesign of his New York offices.

And Lucian may not be getting quite the job he thought he was getting.

How long can / will Vivendi support their (by far) weakest business unit?

The majors are within sight of the end; the old model has become so lethal; it simply makes no sense anymore; there is money to be made from music, masses of it, but not in the old way.

I hate to say it but UK Records was the perfect "new" model - 40 years ago. As was - is - the Bocu group of publishing - we employ three people (John, Carole and me) and our music ranges from Abba and Genesis to the Zombies and Jonathan King, alongside our masters with 10cc, The Rocky Horror Show and others.

A very simple motto; few staff + great music = profits.