More on Faxon's plan
MAN WITH A PLAN: The all-important plan being put together by new EMI leader Roger Faxon (see yesterday’s story) will be ready to present to Guy Hands within the next two weeks, according to the N.Y. Post. It will include new distribution deals and securitizing assets on the publishing side, according to the paper’s sources. "They're looking at new ways to monetize their assets," said one source. "They're looking for distribution deals or a sale on the recorded music side." Outsourcing distribution deals would help EMI cut its internal sales and marketing expenses—and you know what that would mean. On the publishing side, EMI may cherry-pick certain catalogs and securitize them, which involves giving up a stake in the catalog for up-front cash. EMI declined to comment. (7/9a)
THE MUSIC OF CLIVE COMES ALIVE AT CARNEGIE HALL
That's what friends are for. (5/1a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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JAMES KING: THE HITS INTERVIEW (PART ONE)
