Quote:
Coming Very Soon: A New Leaner EMI - hypebot



According to details leaked over the last few days, EMI is less than two weeks away from announcing a drastic reorganization plan designed that would lead to another round of layoffs. Plans are still being finalized, but one portion of it would see EMI move distribution, sales and some marketing functions to one of the other three major label groups. Some are also suggesting that there will be an outright sale of the recorded music division .But sources tell Hypebot that is unlikely suggesting that EMI's investors are not ready to accept the fire sale prices that are being offered....
Coming Very Soon: A New Leaner EMI - hypebot

Quote:
According to details leaked over the last few days, EMI is less than two weeks away from announcing a drastic reorganization plan designed that would lead to another round of layoffs.




[edit] - this thread took an interesting turn into looking at how digital distribution works vs physical and how industry sales figures are reported, so I changed the title.