EMI boss threatens to axe artists who do not work hard enough | | Guardian Unlimited Business
EMI has suggested that it is prepared to axe artists who do not work hard enough as the group takes a fresh approach to the music business under its new private equity owners.
Guy Hands, head of the buyout group Terra Firma, has said in a memo to EMI staff that his initial views on overhauling the recorded music division included more rigorous demands on artists.
Well, art is messy and fuzzy and NOT linear and pie-chart-able. An artist may appear to be doing nothing much at all from the outside and yet the internal process may be developing something amazing… how is a suit going to recognize that?
One move by EMI’s new owner was to draft in Tony Blair’s former adviser and notorious cost-cutter John Birt to its supervisory board, tasking him with reviewing how it treats its artists.
Could this be a fundamentally flawed approach, to hire an advisor/politician? They don’t like the arts to begin with…