Still Working: The 2,000 employees who were suppose to be let go at EMI months ago still have a job. Why? Because sources say EMI needs more money to cover the restructuring costs, which are running higher than anticipated. ‘Once source said Terra Firma is looking to possibly raise another $60 million for EMI to help pay for the cuts’.

Beating The Odds: Buckcherry who released their record “15” through Eleven Seven Music has been certified platinum and will likely double all previous sales – during the worst decline the music business has ever seen. The record was released in April of 2006, it was eventually upstreamed to Atlantic Records and so far has spent 91 weeks on the Billboard top 200 thanks to multi-format hit singles including ‘Crazy Bitch’,’Next 2 You’ and ‘Everything’.

Despite the continued decline of record sales nationally, Buckcherry have succeeded in increasing their own sales on “15”. Their 1999 debut, which spawned the #1 hit “Lit Up,” has sold 775,000 units – most of which when the music industry was at its peak.

“Few bands are savvy enough to write hit songs that aren’t just the flavor of the week says fellow Eleven Seven Music label mate, Sixx: A.M. and Mötley Crüe bassist Nikki Sixx.

AC/DC in the Studio: AC/DC is currently recording with Brendon O’Brien and will release the new studio album via Columbia Records. Brendon O’Brien has worked with some of the biggest artists including Stone Temple Pilots, Pearl Jam, and Rage Against The Machine.

New Music: Have you heard of Elisa Jordana? We believe she was the former member of Cobra Starship. Her myspace profile tags her as pop/hip hop/ and club. These types of tracks lose their luster quickly because it’s programs and samples, but we recommend listening to Dark Side of The City and Hangman.