These guys had no reason to buy into a business they knew nothing about in the first place. If they would have started with getting the OLD guys out, who know very little about the digital music side of the business, and brining in new talents that do, EMI would have had a better chance.
And Citigroup? That's another disaster waiting to happen. I speculate that Citigroup will sell off the entire company as a whole, or will divide it's parts and sell them off that way. EMI does have one good asset, it's music catalog, which is the largest of the three majors.
I guess we'll have to wait and see how this all unfolds. It should be very interesting nonetheless.
Bloody Idiots
And Citigroup? That's another disaster waiting to happen. I speculate that Citigroup will sell off the entire company as a whole, or will divide it's parts and sell them off that way. EMI does have one good asset, it's music catalog, which is the largest of the three majors.
I guess we'll have to wait and see how this all unfolds. It should be very interesting nonetheless.
Regards,
Benjamin Wade Inman
Parable of Sound LLC
Nashville, TN
www.twitter.com/parableofsound
www.parableofsound.com
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