FT on the changing landscape

LEAD OF THE DAY: “Citigroup’s auction for EMI has been a test of a new lineup of industry executives and could lead to further personnel changes at the top of the music business. At the start of this year, Doug Morris was running Vivendi’s Universal Music, Rolf Schmidt-Holtz was at the helm of Sony Music, Edgar Bronfman Jr. was chairman and chief executive of a quoted Warner Music and Roger Faxon oversaw EMI Music and EMI Music Publishing. That has all changed, or is about to change.” —Financial Times media reporter Andrew Edgecliffe-Johnson, opening his overview, “EMI ushers in power shifts in music industry.” (11/8a)