EMI has a new spin?

Sunday Times Business today – page 7 – James Ashton writes about Eliols ‘fresh business model’.

This, it must be said, is in light of Guy Hands’s write off of half the £2.3BILLION he invested, accepting he is likely to make a loss on the deal.

NO SHIT SHERLOCK.

The ‘fresh approach’ is apparently so position EMI as the content provider and let all others (Spotify are mentioned), monetize in their new revolutionary ways (translation: try desperately to ad-fund tracks + place a premium if you want to avoid the ads)

All is well for EMI then….so long as the other models can financially support the license fees on the music.

All is well, according to Elio, in terms of piracy, so long as the Government legislates and ISPs abide by said legislation.

It seems there is a total lack of personal accountability here.

You can sit around waiting for everyone else to ’sort it out’ or record companies can be pro-active and find new ways collaboratively – including talking about the elephant in the room that is the vast majority of people who share music ‘illegally’ and will continue to do so, regardless of legislation.

The nanosecond cassette players had two decks, one with a record and play function, the industry as we knew it, died.

Will the likes of EMI ever read and understand the Manifesto?

We doubt it.

Will the industry work out like Terra Firma would like it to?

Absolutely categorically not.

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But then I guess, we shouldn’t judge a man until we have walked a mile in his shoes.

Mind you – by then, you can judge, PLUS you are a mile away, AND still have his shoes.