In its continued quest to save as much money as possible before the market for recorded music completely dries up, EMI will cut “up to 2,000″ jobs from its 5,500-member-strong employment rolls this coming Tuesday. Departments likely to be hardest hit: sales, marketing, distribution, and artist management. The Telegraph is also reporting that the company will “take a more focus group approach” to upcoming releases, quoting sources who are claiming that EMI is currently putting out records while being completely clueless about their appeal to the masses. Have fun figuring out who’s going to survive that edict!
EMI managers will have to sing for their supper [Telegraph]
EMI plans to tighten support and make cuts to tune of 2000 jobs [Times Online]
EMI ’set to axe up to 2,000 jobs’ [BBC]
Poor Siobhan Donaghy.
If they’re going the focus group route then they might as well just go ahead and wipe every artist off the label and sign Hannah Montana. IT’S WHAT THE PEOPLE WANT!
Oh, those old fashioned sales, marketing, distribution, and artist management departments. All they really need is a couple of young bloods handling investor relations. That’s the ticket.
DRM = Deceased Recording Monoliths