Jonathan Shalit on EMI's problems

QUOTE OF THE DAY: "EMI has a fantastic group of people, but the question is now: are the financial shackles around EMI so severe that even the best people can't save the business? I have an artist who both Sony and Universal are very keen to sign. I'm not talking to EMI and that's a shame, because Nick Gatfield is a close friend of mine and a fantastic guy.”—London-based manager Jonathan Shalit, quoted in a Financial Times story headlined “EMI faces chorus of disapproval.” (2/25a)

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