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Friday, July 27, 2012

Faxon memo tease

THAT AIN’T CHOPPED LIVER: What do the following have in common: the catalogs of Parlophone (Beatles pointedly excluded), Mute, Chrysalis and Ensign; the Pink Floyd catalog; David Guetta’s new deal; EMI Classics and Virgin Classics; the NOW franchise; and a number of EMI’s operating businesses in Continental Europe? They’re all part of UMG’s dramatically sweetened concessions package to the EC, according to no less an authority than EMI chief Roger Faxon. Read the complete contents of the internal memo he sent out this morning right here. (7/27a)

 
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