Five years ago today, EMI announced that it was embarking on a restructuring plan to generate cost savings of £98.5 million. The more things change… [No Rock And Roll Fun]
It’s also looking at a number of smaller-scale indie labels, and has at least $100 million set aside for purchases with hopes to raise that figure to $200 million.
RUN FOR THE HILLS.
Alternatively, I felt a cold chill in my dark, dead heart when I read this.
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