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ANOTHER BIG REVAMP AT EMI WHILE ITS OWNERS PREPARE TO FIGHT THEIR BANK IN COURT As much previously reported, Faxon, who previously headed up the more successful of EMI's two divisions - music publishing - was recently promoted to a new chief role overseeing the whole of the music firm, including its record labels. The move was widely seen as an act of desperation on the part of owners Terra Firma, their previous recordings boss Elio Leoni-Sceti having been pushed overboard with £1.5 million in his pocket (according to the Daily Mail) back in March. His temporary replacement, Charlie Allen, previously a periphery advisor to EMI and prior to that best known for running ITV into the ground, hadn't really impressed anyone. That said, while Faxon's promotion seemed rushed, it wasn't actually that bad an idea. Popular within the company and the wider music industry, many an observer inside and outside the major noted that "if anyone can rescue EMI, the Fax man can". Well, they probably didn't call him 'the Fax man'. Others - well, me anyway - also pointed out that in an age where the recordings business is becoming more about licensing than selling plastic disks, it makes sense for record companies and publishing companies in common ownership to work more closely together, music publishers being the licensing experts. Since taking on his new role in June, Faxon has been busy writing a brand new business plan for the major, one that will capitalise on the recent mainly catalogue-fuelled growth in EMI's recordings business, while convincing potentially lucrative new talent to sign up to the major, and, perhaps most importantly, reassuring Terra Firma's investors that they should continue to support the music company. Investor support is important because EMI continues to need cash bails outs in order to meet the tough covenants tied to the music firm's multi-billion pound loan from Citigroup, the loan used by Terra Firma to buy the music firm in the first place. According to Billboard, Faxon's plan - as outlined in the aforementioned memo - undoes some of the previous restructuring instigated by Terra Firma twonks after the equity group's initial takeover, though it would be too easy to see the new chief's proposals as simply being a return to the old ways, it's more a mixture of the old and the new. The so called 'matrix' structure and double boss system is out. Rather, the all new (again) EMI Group will be structured (again) around three regional divisions - North America, Latin America and the rest of the world. Faxon himself will oversee the former, though working hand in hand with Colin Finkelstein, currently President of that region, who will now have the title of COO for that division. Nestor Casonu will become CEO of Latin America, while David Kassler will have responsibility for the everything else division, which will include Europe. There will still be some global units which will provide services to the regional divisions. These will cover finance, legal, technology, HR, digital business development and artist relations. The big post-Terra Firma innovation that will stay in place is that in each territory EMI's recordings business will consist of one team which releases music under a plethora of label names - rather than having separate teams for EMI Records, Parlophone Records and Virgin Records (or different but similar outside the UK), as had been the case pre-2007. The plan doesn't seem to mention any serious integration of EMI's recordings and publishing teams, which would probably have been too radical a move at this time, but which may well be a clever development down the line. Though, to confirm to those in EMI Recordings that they have, in essence, been taken over by EMI Publishing, Faxon has elevated his COO from publishing, Leo Corbett, with him to a group level role. But more interesting than all of this are the executive departures that will occur as part of this revamp. While Faxon may not be dispensing with all of the structural innovations put in place by Terra Firma, most of the star name execs hired by the equity group and the aforementioned Leoni-Sceti are for the door. Ronn Werre, currently COO of North America, Billy Mann, currently chief new music and artist relations guy outside of the US and UK and Nick Gatfield, EMI's big post-Terra Firma A&R hire, are all out. But the major's post-2007 mantra - "were a service company not a product company" - does remain. Look, here's Faxon saying so: "EMI Music today still acts like a product company - we gear ourselves up for product launches, and we get ourselves worked up about market share and units shipped and so on. But the market has moved on, we need to understand that we are not a product company at all - we have to be a service company, and one that is obsessive about discovering great music (or rediscovering great music from our catalogue) and connecting it with an audience through every route available to us". As a sort of mission statement that's probably as good as you'll get, but whether another big revamp to hierarchy is what is needed to achieve that aim remains to be seen. Can EMI Music's recent growth be maintained? Very possibly. Will artist managers continue do all important new talent deals with the major? Hmm, Mann and Gatfield's departure will be a surprise for some. And will Terra Firma's investors be convinced enough to keep bailing the company out? Terra Firma insists "yes", but I'm going with a "time will tell". Talking of Terra Firma, with those previously reported last minute pre-court negotiations between them and Citigroup having achieved little (as expected) both sides moved into trial mode yesterday. As you know, Terra Firma is suing Citigroup over the advice the bank provided ahead of their EMI purchase. Both sides filed papers with the New York court yesterday. The bankers want the case thrown out without trial, the equity group, obviously, do not. A judge is expected to consider Citigroup's quick dismissal argument later this week. Assuming he doesn't rule in the bank's favour, the case is due to come to court proper next month. Talking of legalities, we must stress, for legal reasons you understand, that Roger Faxon did not wear a trilby hat while sending out his memo yesterday. Though he's dapper guy, I bet he'd have looked great if he had. -------------------------------------------------- XX WIN MERCURY Despite that previously reported Weller wobble in recent days, when punters started betting for Mr Paul to win, seemingly on the basis that he'll die soon so should be given the Prize while there's still chance, the London-based The xx had been favourites to win the Mercury honour and its twenty grand prize money pretty much ever since the nominations list was announced back in July. Nevertheless, frontman Oliver Sim seemed very surprised when his band were actually declared winners. According to the BBC, as he accepted the award he said: "I don't know what we were expecting but we weren't expecting this. Thank you so much. We've had the most incredible year and it has just felt like every day we've just woken up to something incredible we just weren't expecting. It has felt just like a haze. Being here is like a moment of clarity in all that's happening". So that's nice. A well deserved win, I think you'll agree. Or maybe you won't. Either way, surely we can all unite in relief that Weller didn't get it and someone in their creative ascent did. In related news, Example's 'Kickstarts' was declared the best British pop single of the last twelve months by the esteemed panel of Popjustice's Twenty Quid Music Prize. GAGA AND BIEBER THREATEN TO SUE OVER COMICS According to WENN, lawyer Kenneth Feinswog has served the company with a cease-and-desist letter, threatening to take the matter to court, but the publisher is refusing to cease production, claiming it is well within its rights to produce the books. Bluewater's Darren G Davis said: "We are 100% within our first amendment rights. We knew our rights on this before we jumped into the biography world. These are 100% biographies on their lives. We reach out to all the celebrities and some choose to work with us and some do not. If they do choose to work with us, we donate ads and money to a non-profit [organisation] of their choice. We offered the same deal to Bieber's people". -------------------------------------------------- LENNON KILLER TO STAY IN JAIL Chapman has been eligible for parole since 2000 and has been before a parole panel approximately every two years. He will have another chance to request freedom in 2012. Lennon's wife Yoko Ono, of course, has always remained opposed to Chapman being released. JEAN ACCUSES PENN OF DRUG USE, AFTER AID WORK CRITICISM As previously reported, Penn co-founded the J/P Haitian Relief Organisation after the earthquake and has been working in the country as manager of the organisation's 55,000 person camp for those left homeless in the aftermath. Following Jean's official announcement that he intended to stand in the Haitian presidential election, Penn told US talk show 'Larry King Live': "Right now, I worry that this is a campaign that is more about a vision of flying around the world, talking to people. It's certainly not one of the youth drafting him. I would be quite sure that this is an influence of corporations here in the United States and private individuals that may well have capitalised on his will to see himself flying around the world". He continued: "What the Haitian people need now is a leader who is genuinely willing to sacrifice. I haven't seen or heard anything of him [Jean] in these last six months that I've been in Haiti. I think he's an important voice. I hope he doesn't sacrifice that voice by taking the eye off the very devastating realities on the ground". While performing his 2004 hit 'President' live on US radio station Hot 97 last week, Jean hit out at Penn's claims by saying: "I got a message for Sean Penn: Maybe he ain't see me in Haiti because he was too busy sniffing cocaine". Penn's rep, Mara Buxbaum responded by firmly denying that Penn is involved in any drug use whatsoever, adding that Jean's outburst was "reckless and saddening, but not surprising". She didn't add that it's not really the sort of reasoned retort generally expected of a hopeful future politician, but I'd imagine that's what she was thinking. In a statement, Buxbaum told New York Daily News: "Mr Jean is clearly unfamiliar with the physical demands put upon volunteers in Haiti. As aid workers there, the notion of depleting the body's immune system through the use of illicit drugs is ludicrous. More specifically, J/P Haitian Relief Organization (aka JPHRO) has a ZERO tolerance policy for any and all illegal drugs. As the leader of this organisation, Sean Penn has not only set this policy, but adheres to it. That Mr Jean would make such a false accusation is reckless and saddening, but not surprising". As previously reported, Jean's plans to stand in Haiti's upcoming presidential elections needed court approval because the former Fugee does not pass requirements in the country's constitution regarding presidential candidates, mainly regarding citizenship and being resident in Haiti for five years before running. When the relevant court failed to give its approval, Jean vowed to appeal. It was then pointed out by Samuel Pierre of the Haitian Electoral Council's legal department that, because the council was part of the country's highest court, there was no option to appeal the decision. Jean instead launched an attack on the outgoing president Rene Preval and the Electoral Council in song. And they still didn't let him stand. What's the world coming to? 23 MORE A GREENER FESTIVAL AWARDS CONFIRMED In the meantime, confirmed eco-friendly fests include (UK ones first): Isle of Wight Festival He continued: "We are also delighted that we have had more European and Australian festivals entering, new entrants in the UK and growing interest in the USA, and also that a number of festivals are entering into other schemes such as the 10:10 campaign as well as using established and proven tools from [music business eco-group] Julie's Bicycle to measure and then reduce greenhouse gas emissions". DUFF MCKAGAN QUITS JANE'S ADDICTION That's just the sort of thing Jane's Addiction's mum probably said earlier this week when the band shuffled in and announced that Velvet Revolver and former Guns N Roses bassist Duff McKagan had left the band. By 'mum' I mean 'fans'. And by 'shuffled in' I mean 'sent an email'. McKagan joined the band in March, after the departure of original bassist Eric Avery, and worked on new songs for their forthcoming new album. But now he too is gone. The band announced this week: "We wanted to thank Duff for helping us write songs for our new record. We love the songs we worked on with him - and the gigs were a blast - but musically we were all headed in different directions. From here Duff is off to work on his own stuff so we wish him all the best". There's no word on a replacement as yet. Rumours that they've been unable to recruit a new member because their mum has grounded them stretch this whole imagined scenario a little too far. LUDACRIS GETS TO WORK ON NEXT ALBUM Speaking to Billboard, the rapper said that the album's working title it 'Ludaversal' and that The Neptunes are producing some of it. Then he added: "We're just getting started, so I don't want to give too much information in terms of direction and stuff. I'll have that information soon. I just don't want to give people the wrong impression". Did he stop there, though? Hell no. He said that in addition to The Neptunes, he plans to work with an array of producers on the record: "I don't discriminate. I definitely go and look for the big-time producers, but I also make sure that I keep my ears to the street and look for all the hungry ones. It's about getting in there and doing a couple [of songs] with somebody and making sure you pick from the best ones". The album is due out next year. -------------------------------------------------- BRAGG WORKING WITH CASH Speaking to Billboard, Bragg said: "I spend a lot of time on my own records in the driver's seat, so it will be nice to sit back in [Henry's] basement with his musicians and Rosanne and sort of chip in and... riff". Cash and Bragg apparently met at the Ludwigsburger Schlossfestspiele festival in Germany and hit it off immediately. He said: "We had a great time singing together and since then we've been plotting on trying to get into the studio". -------------------------------------------------- N-DUBZ DROP SLANG FROM US ALBUM The Dapster told The Sun: "We aren't using any of those [British slang] words as they don't understand them. We'll keep 'na, na, niii', obviously, but not the rest. We'll never use American accents. I hate it when singers go there and do that. You lose respect from British fans". N-Dubz's third album, a mixture of tracks from their first two albums and new material (it's not clear if they're re-recording the vocals on the older tracks with new slang-less vocals), will be released next year through Def Jam. HALL DISCUSSES JAGGER IN NEW BOOK In the book, entitled 'My Life In Pictures', Hall refers to Jagger as a "sexual predator [who] could not help indulging himself with other women", adding: "Although I loved him and he swore undying love for me, I felt very unsure of him. I had weaned him off drugs, but they had been replaced by sex. [By 1979] Mick wasn't touring and had too much time on his hands. He started going out a lot without me. He would say he had a meeting and then call to say it was running late. He had been linked with several girls in the gossip columns, but he denied it, of course". KINGS OF LEON TOUR DATES Tour dates: 13 Dec: Manchester, MEN Arena ------------------------------------------------- DEFTONES ANNOUNCE UK SHOWS The band also put a sextape online this week. By which I mean they posted the video for their song 'Sextape' on MySpace. Watch it here: mysp.ac/9V7Jpa Tour dates: 12 Nov: Glasgow, Academy ------------------------------------------------- MARNIE STERN ANNOUNCES UK TOUR 18 Nov: Nottingham, Bodega FESTIVAL LINE-UP UPDATE END OF THE ROAD, Larmer Tree Gardens, Salisbury, Wiltshire, 10-12 Sep: Isobel Campbell & Mark Lanegan have been confirmed as one of the secret acts set to perform at this weekend's End Of The Road festival. Yuck and Olivia Chaney have also been added to the bill, replacing Ra Ra Riot and The Hello Morning. www.endoftheroadfestival.com ALBUM REVIEW: Salem - King Night (IAMSOUND Records) The band's press release repeatedly mentions the fact that they hail from the American north west, surely as a way of highlighting just how much 'King Night' cribs from Southern hip hop. Tracks like 'Trapdoor' and 'Tair' are, presumably intentionally, reminiscent of numerous codeine sodden remixes by the late, great Houston, Texas based DJ Screw. Severely slowed down vocals bounce over a low-riding, slow-motion, candy-painted Cadillac of a beat. The whole album is damp with a uniquely Southern kind of humidity. 'King Night' is also clearly sonically indebted to dubstep's lurching half-speed rhythms and the harsh, gloopy sonic palette of the finest UK grime. It's an album that on the first few listens is confusing, labyrinthine, confused with what it wants to be (is that a rip-off of the vocal melody of 'When You Were Young' by The Killers on the closing track 'Killers'?). It's beguiling, inviting its listener to listen again, to listen harder. In time it uncoils itself. A friend of mine summed 'King Night' well: GABBAGABBAGABBA90seurohouseGABBAhiphopGABBAnoisepopGABBAGABBA. So there you have it. This is witchhouse. JAB Physical release: 20 Sep Buy from iTunes WARNER AUSTRALIA BOSS STANDS DOWN St John's departure from Warner (which was quite sudden but expected) was accompanied by a resignation from the role of Chairman at Australia's record label trade body ARIA, of which he has been an active board member for ten years. Confirming that resignation, St John told reporters: "I am very proud of what we achieved in this time, particularly the increase in stature of both the ARIA Awards and Hall Of Fame. Our mandate has always been to advance our artists and industry rights to achieve a healthy industry that provides Australian music fans with exciting music entertainment and it's a challenge we have continued to meet. It's time now to hand over the reins". A new chairman will be appointed at the next meeting of the ARIA board. PEOPLE'S MUSIC STORE TO SHUT Co-founder Ged Day wrote in an email to existing users: "Unfortunately, [co-founder] Ed and I have made the difficult decision to take our company in a different direction and so have decided to take peoplesmusicstore.com offline. This is something that has loomed over us for a while now, and I am happy to say that we really did hold on for as long as we could given the circumstances, but it has now reached the point where we must consider alternative routes". The venture, which encouraged fans to curate their own digital stores in return for 10% of revenue generated, launched last year and had licensing deals with Universal and a number of independents in place. SKID ROW GUY KNOWS WHY AXL IS ALWAYS LATE After a run of shambolic Guns N Roses shows in the UK and Ireland recently, Blabbermouth quote Bach as explaining: "Everybody has all these theories as to why he acts the way he acts. And there's no big mystery. He tells me the source of all of the insanity - it's his voice. It's his job to sing like that, and sometimes that sound is hard for him. And a lot of singers, you know... To sing in that range is just not an easy thing to do. And he does what he can, and if it takes him 45 more minutes to warm up his pipes so he can sing 'Sweet Child O' Mine' [so be it]". Given the feedback I've heard of his vocal performance at Reading and Leeds, perhaps he should just mime in the future. Then the songs might sound good and he could start on time. Another rock problem sorted by your friends at CMU. |
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