Weather Tonight: 3°c Clear Night Morning: 9°c Sunny spells

Critics' Choice

Restaurants

Fay Maschler

quoteWith a single dessert and just two glasses of wine our bill was kept in check - but the effort of doing so was not much funquote

Fay Maschler Babbo Film

Andrew O'Hagan

quoteThis is a film with beautiful performances and a visual style that urges you towards reflectionquote

Andrew O'Hagan Bright Star Theatre

Henry Hitchings

quoteAlthough the first half of Kwei-Armah’s production is pacy, funny and intelligent, the energy level then drops offquote

Henry Hitchings Seize The Day

Reader reviews

Film

Squiz, Islington

quoteI loved this film from start to finish. Take the girlfriend, tell your mum - I'd see it again tomorrow and will buy the dvd.quote

An Education Theatre

Joe, London

quoteI saw this last night and can't remember the last time I was so moved in the theatre.quote

This Much Is True Restaurants

Hiroshi Sugiyama

quoteI have been to many of London's so-called best Japanese restaurants and none have been as good as the food that I've had at Aqua Kyotoquote

Aqua Kyoto

When the suits go marching in

By Paul Connolly, London Lite 14.01.08

 Add your view

 

            Robbie Williams

Strike force: Robbie Williams may join Radiohead in leaving EMI

Look here too

Enjoying the brief, dark days and sodden weather of the new year? Surely having to spend January in London is enough to make anyone want to emigrate.

But, bad as it is for us normal people, spare a thought for record companies. 2008 promises to be another year of contraction, disappearing profits and fleeing major artists.

EMI, newly purchased by financiers Terra Firma, is already in a right pickle with Robbie Williams on the brink of striking, Coldplay pondering similar action and Kylie reportedly ready to leave the label. Don't forget, Radiohead and Sir Paul McCartney have already moved on.

So, why is this happening, and why are acts threatening similar action to that taken by US screenwriters? That's an easy question to answer. EMI has fallen into the hands of what old hippies would call "breadheads".

The financiers may think that all companies work the same, that any ailing corporation can be made to pay by restructuring, redundancies and retrenchment but record companies are different.

Personal relationships are hugely important for most bands. Acts often sign to a label because they like, admire and respect the head of A&R or the label boss. That may just mean they like having a beer with them or it might extend to the act taking advice on which songs to record or whether the chorus on a particular track needs to come in earlier.

The head of EMI's UK music division, Tony Wadsworth, was such a figure; he was a very popular character with bands.

For many he was the reason they signed to the label. His recent departure will have alarmed many of EMI's acts, and I'm not sure the "suits" at Terra Firma have really grasped this.

You can't treat a record company in the same way you would a car manufacturer and, with the uncertainty surrounding the business due to the influence of the internet, now is not the time to be making monumental errors of judgment.

Although, to be fair, if Terra Firma's cluelessness means that we never have to endure another Robbie album as knucklebitingly awful as Rudebox then I'm sure we'll all be united in gratitude.

Agree? Disagree? Email soundingoff@thelondonlite. co.uk


Bookmark and Share
 

Related articles

More

 

 

Reader views (2)

 Add your view

Great name for a record company that is so rock solid it is sacking 2,000 good people, Terra Firma. Music is no more just another business than Steven Patrick M is just another intellect.

- Geoff Baker, London

"The financiers may think that all companies work the same, that any ailing corporation can be made to pay by restructuring, redundancies and retrenchment but record companies are different."
What a lot of nonsense, that is all just luvvie talk at the end of the day, it is just another business.
This so called strike keeps being compared to the US screenwriters strike, but that has got as much in common as chalk and cheese.

- Steven Patrick M, London, UK


Add your comment

 

Your email address will not be published

Terms and conditions make text area bigger You have  characters left.


 
 


 
 
London's Weather
Tonight
Clear Night
3°c
Morning
Sunny spells
9°c
5 day forecast
 
 

Daily Mail Mail on Sunday Travel Mail This is Money Metro

Loot | Jobsite | Homes & property | London jobs | FindaProperty.com | Primelocation.com | Educate London | Holiday Villas