Electric and Music Industries Ltd (EMI) first saw the light of day
in the UK in 1931. In a visionary move for the gramophone age, it
manufactured both hardware (recording and playback equipment) and
software (the records and tapes its machines would play). For over
half a century, EMI dominated both sectors, it's music division
eventually becoming the most successful in the world with a roster
that at various times included "The Beatles", Maria Callas, Frank
Sinatra, Cliff Richard, Pink Floyd, "The Beach Boys", "Queen",
Robbie Williams, "The Spice Girls", Kate Bush and Kylie Minogue.
Then in the 1990s, things started to go wrong.This title explores
and investigates EMI's extraordinary decline from the greatness
over two decades of rejected takeovers, unsuccessful mergers,
executive changes, profit warnings, artist and staff cuts, press
criticism and never-ending speculation. It includes interviews with
many key players including former EMI Group/EMI Music executives
Sir Colin Southgate, Jim Fifield, Eric Nicoli, Tony Wadsworth,
David Munns, Rupert Perry, Ray Cooper and Jon Webster. He has also
interviewed many managers, music journalists, financial analysists
and rival record company executives. The result is the definitive
account of a major international company's travails. It is also an
eye-opening expose of the speed at which the music industry has
changed.
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