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#699555 - 02/08/10 02:03 PM
WMG and EMI - Taking bets....
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maxibad
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Registered: 11/11/05
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The question here is could Warner digest EMI? How could they handle the catalog? WEA is a shell of what it once was and Warner blew the Ryko acquisition...if they could not integrate that how could they integrate EMI? How much money did they lose on that Ryko deal? ADA is falling apart with no apparent leadership and labels looking to leave. Would the EMI labels be folded into, what.... Atlantic? That would be a disaster. EMI has issues as anyone who can read knows. But,a Warner/EMI merger would be a disaster. Can you imagine being an artist during that transitional mess? How about a label that uses Warner for distribution? Or, even worse, if you are an EMI artist or label. Your business would be completely disrupted. The systems are not in place at Warner. If anything EMI, who has better systems and IT in place would be better suited to ingest Warner! Performance wise EMI is making money yet Warner loses money quarter after quarter after quarter. Warner's top brass took bonuses at the end of their last fiscal year even though the company lost money, again. Tomorrows earning call should be a real hoot. The investments....Bulldog (Edgar and Lyor's Hamptons pals...)? Lala? Den of Thieves (lead by Greenwald's husband...)? Cordless? Green Owl (Edgar's son's "label"... interesting how that never comes up). Ryko, a complete disaster. The Bad Boy deal. ILG..... The list goes on and on. All failures and money flushed down the sewer. You have a co-chairman flagrantly chasing girls half his age in public and he gets a pat on the back from his cronies. Is that corporate governance? Many in the know are saying that EMI will go after even if they do so by spinning off EMI Pub. Don't believe everything you read in the press.
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#699568 - 02/08/10 02:51 PM
Re: WMG and EMI - Taking bets....
[Re: maxibad]
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indiecred
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Registered: 09/26/06
Posts: 203
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This hurts my eyes. Can you summarize in 140 characters or less?
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#699570 - 02/08/10 03:08 PM
Re: WMG and EMI - Taking bets....
[Re: maxibad]
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teverett
Diamond Member
Registered: 01/24/00
Posts: 22510
Loc: Los Feliz-adjacent
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The question here is could Warner digest EMI?
How could they handle the catalog? WEA is a shell of what it once was and Warner blew the Ryko acquisition...if they could not integrate that how could they integrate EMI?
How much money did they lose on that Ryko deal? ADA is falling apart with no apparent leadership and labels looking to leave.
Would the EMI labels be folded into, what.... Atlantic? That would be a disaster. EMI has issues as anyone who can read knows. But,a Warner/EMI merger would be a disaster.
Can you imagine being an artist during that transitional mess? How about a label that uses Warner for distribution? Or, even worse, if you are an EMI artist or label. Your business would be completely disrupted.
The systems are not in place at Warner. If anything EMI, who has better systems and IT in place would be better suited to ingest Warner!
Performance wise EMI is making money yet Warner loses money quarter after quarter after quarter. Warner's top brass took bonuses at the end of their last fiscal year even though the company lost money, again.
Tomorrows earning call should be a real hoot. The investments....Bulldog (Edgar and Lyor's Hamptons pals...)? Lala? Den of Thieves (lead by Greenwald's husband...)? Cordless? Green Owl (Edgar's son's "label"... interesting how that never comes up). Ryko, a complete disaster. The Bad Boy deal. ILG.....
The list goes on and on. All failures and money flushed down the sewer. You have a co-chairman flagrantly chasing girls half his age in public and he gets a pat on the back from his cronies. Is that corporate governance? Many in the know are saying that EMI will go after even if they do so by spinning off EMI Pub. Don't believe everything you read in the press.
The "enter" key, however difficult to master, makes posts much more intelligible. I'll leave cleaning up OPs spelling and punctuation to someone with more time/patience, however.
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#699571 - 02/08/10 03:11 PM
Re: WMG and EMI - Taking bets....
[Re: teverett]
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Insider
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Registered: 06/04/08
Posts: 188
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I agree with teverett. That being said, some very interesting food for thought here.
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#699573 - 02/08/10 03:15 PM
Re: WMG and EMI - Taking bets....
[Re: Insider]
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teverett
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Registered: 01/24/00
Posts: 22510
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Oh, yeah. That's why I took the time to break it down. Definitely worth a glance.
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#699579 - 02/08/10 03:28 PM
Re: WMG and EMI - Taking bets....
[Re: teverett]
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acem
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Registered: 05/27/09
Posts: 18
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The only way for both companies to continue being able to compete against Universal and Sony, and to survive the long haul, is to become one. By itself, EMI is dying a very painfully death...while WMG is painfully treading a distant third place.
WMG would become stronger a stronger company if it acquired EMI. While EMI's management and stockholders would finally get financial salivation from a WMG buyout.
When it finally happens, I have no idea how the EMI operations would fold under WMG. I doubt it would be operated through ADA or even dismantled into Atlantic...I'm thinking WMG would allow EMI to operate as its own leg under their umbrella. That's basically what Sony did when it acquired BMG. Sony was always a two-legged table with Columbia and Epic. After they inherited the BMG labels, they merged Columbia/Epic into one leg, and combined all the BMG imprints into the RCA/Jive Label Group into another, so that the basic Sony structure remained in tact.
Again, maybe that's what WMG would do if it ever gets EMI...a WBR leg, an Atlantic leg, and a EMI leg.
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#699592 - 02/08/10 04:18 PM
Re: WMG and EMI - Taking bets....
[Re: teverett]
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maxibad
Silver Member
Registered: 11/11/05
Posts: 259
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Come-on Teverett, all I get is a glance?
You are pretty good at sucking up to WMG most of the time, so I suppose that I get a disapproving glance at best.
I am working on my spacing and punctuation.
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#699623 - 02/08/10 05:47 PM
Re: WMG and EMI - Taking bets....
[Re: Insider]
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goldears
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Registered: 07/14/04
Posts: 2879
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Darren Throop has developed quite a taste for curry lately and he's been hanging around Citibank. E1 making a move? DyledInn could tell us if he was around. Flare Records UK has also been kicking EMI tires lately since the deep catalog end of EMI's business would fit in with Flare's a&r direction. Kind of weird since E1 has been licensing those self same deep catalog EMI items.... Curiouser and curiouser.
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#699632 - 02/08/10 06:00 PM
Re: WMG and EMI - Taking bets....
[Re: goldears]
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Melchizedek
Platinum Member
Registered: 11/25/03
Posts: 1556
Loc: Malibu
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I thought that The Who was the least entertaining thing I have witnessed in the last twenty four hours. Your post is deranged and ridiculous. To put it in simple terms, you make absolutely no sense. What does curry have to do with Citibank? What in the hell is Flare Records? Whatever you are smoking STOP IT.
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#699640 - 02/08/10 06:10 PM
Re: WMG and EMI - Taking bets....
[Re: Melchizedek]
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arclocal
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Registered: 06/23/05
Posts: 54
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no chance in current configuration that WMG has eyes on a full takover of EMI. They would assume EMI's debt. EMI has to go BK first. The big problem is Hands' foolish overpaying. It's looking like same outcome as Tribune and Source Interlink.
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