Word: emi
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...slumping music business is dying a death by 1,000 cuts, it would appear that some of the wounds are self-inflicted. That's because the discs clogging Shantou's warehouses aren't pirated. Some of the world's largest record companies, including BMG, EMI and Universal, produced them, and retailers such as French hypermarket chain Carre-four stocked them-only to dump them when they didn't sell. But instead of being melted down by recyclers, the unloved discs are diverted through a network of scrap dealers and middlemen like Li, ultimately finding their way into stores in China...
...impossible to determine how many millions of these bargain-basement CDs wind up in China. Most music-label executives won't talk about it on the record, and no one is monitoring the traffic. (BMG in New York would not comment for this article; EMI in London and Universal in Los Angeles declined repeated interview requests.) But it's clear this amorphous gray market is entrenched. The discontinued or surplus CDs, generally known as "cutouts" in the West, are in China called dakou (saw gash) because some albums have a telltale notch in the jewel box and sometimes...
...Whether Chen's star continues to rise remains to be seen. Gary Chan, president of EMI Group Hong Kong, warns that the sibling connection, although it initially helped her win backers, may not be beneficial in the long run. Pointing to one of his own stars?Victor Chen, the younger brother of Canto queen Kelly Chen?Chan notes that "people always say Victor is 'the brother of Kelly.' He doesn't have his own character aside from that, and that's very limiting." But others think Chen has enough presence to disengage her image from her brother. "Tricia always captured...
Once a musician is described as a "bad boy icon," his 15 minutes of fame tend to be up. So why is EMI betting the farm on Robbie Williams, the British crooner and former "fat dancer" from Take That who has sold a respectable but unspectacular 692,000 records in the U.S.? Williams's new deal is estimated at around $90 million, the largest ever for a British artist. In part, EMI is playing to the global market; Williams has sold nearly 20 million records worldwide since 1996. But the company has been burned before: in 2001, it signed Mariah...
...record label (a division of British music giant EMI) has been in financial straits since Aaliyah's death, and the executives who allegedly made the promises, former EMI chief executive Ken Berry and his wife, former Virgin vice-chairman Nancy Berry, have left the company. (They did not return phone calls seeking a comment.) Nevertheless, Turner says, she is outraged at Virgin's behavior. "We worked 24/7 to get the bodies out as expeditiously as possible. We had to bring in extra staff. People worked on their day off." There has not been "one word of thanks to anyone...