EMI facing a mass exodus? Radiohead and Paul McCartney both severed their EMI ties in the past year. EMI’s biggest artists Robbie Williams and Coldplay are voicing their unhappiness with the label. The Verve threatened to delay their record and now mega group Rolling Stones and their management decided to move the new album ‘Shine A Light to Universal’ through rival Universal in part because of their concerns about EMI’s new management. Sources noted that if the Stones walk away from EMI, they will leave behind the rights to songs produced after 1971. EMI will cut up to a third of their workforce and cull its roster of 14,000 artists.
EMI is also considering its artists, to be sponsored by corporate companies, according to reports. The proposals, which could see Coldplay’s new album ‘Prospekt’ released with corporate branding, are expected to feature as part of an extensive shake-up of the company.
Market Trends:
Overall physical and digital sales were down (-20.0%) for W/E 1/13/08 vs. W/E 1/6/08.
Sales were down (-10.6%) from the same week last year.
2008 Industry business trend starts off down (-7.0%).
Sales trends (from week prior) across all strata:
Chains were down (-27.7%) from LW
Independents were down (-9.9%)
Mass Merchants were down (-21.3%)
and Non-Traditional was down (-8.5%)
New Artist Updates: Since being featured on KOAR, Aerodrone has since been featured as “Artist Of The Week” on MTVu as well as being mentioned on MTVu’s show The Freshmen. Listen to Sceneboy and email Gary Zon for more information.
Midwest rock act One Less Reason who falls between Daughtry and Matchbox Twenty have been getting 30,000 to 50,000 daily plays on myspace. Yep, thats amazing for a relatively unknown band, but the reaction on myspace and from their live show may put them with bigger boys towards the end of the year. Listen to the track A Day To Be Alone. Email here for more information.
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