EMI’s blame deflection: Chairman Guy Hands has told potential investors that the company’s former management, led by Eric Nicoli, wasted millions of dollars on corporate excesses that included use of a Mayfair property worth £5.6 million, the retention of highly paid consultants and extravagant spending on candles and flowers. Leadership should avoid the blame game. Critics also say that Hands is eager to blame previous management for the problems in the company because he overpaid for a business fighting against a market in freefall.
Dooms Day for American Idol? It seems many critics want to see the American Idol franchise fail. Headlines include ‘American Idol’ Champ Jordin Sparks Fails To Ignite The Charts and ‘FRANCHISE FADE: ‘AMERICAN IDOL’ FIGHTS TO MAKE TOP 10; WEAKEST WINNER DEBUT’. Jordin Sparks entered the charts with 119k sold.
Warner stock hits all time low of $6.82: Warner CEO Edgar Bronfman wants record companies to become ‘music based content companies’. He also talks about the recent cliches of wanting to participate in revenue streams beyond music business and ‘windowing music releases – a series of products sold digitally rather than selling one album per artist every couple years.
Its a HIT ladies and gentlemen: One Republic enters at #17 on the top 200 charts with 75,000 scans. KOAR posted the track ‘Apologize’ three years ago and was one of the most downloaded tracks in the history of KOAR. We knew that song had teeth and we are glad to see One Republic rise to the top.
Where are they now? Some previous artists that KOAR has featured have up and coming TV performances. Val Emmich will be appearing on the hit NBC tv show, 30 ROCK tommorrow night at 8:30 pm. Val will be playing a love interest of Tina Fey. He also recently filmed two episodes of the upcoming Lucy Lui show.
Singer Songwriter Kate Voegele will play Mia on CW Network’s hit TV series One Tree Hill. Her album will be released on January 22nd through Myspace Records.