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music executives

Thursday Business Links: Trans World Posts $19.2 Million Loss, Apple Rumors are Still Just Rumors

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Posted on August 21, 2008 - 9:55am at Coolfer
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• Trans World posted a $19.2 million loss in the second quarter ended August 2. The retail company's attempts to increase non-music sales to hold off music declines are not yet bearing fruit. Comp sales fell 7% and total sales (the company operated 173 fewer stores) dropped 19%. (The Business Review)

Report: EMI's Executive Group May Not Gain More Music Experience

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Posted on June 28, 2008 - 1:26am at Coolfer
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The Financial Times has reported that Terra Firma is considering Elio Leoni Sceti, whose tenure with consumer products company Reckitt Benckiser was preceded by a stint at Proctor & Gamble, to run EMI's recorded music division. Mr.

Terra Firma Plans Movie Theater Events for EMI Artists

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Posted on January 6, 2008 - 11:08am at Coolfer
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The Telegraph reported that Terra Firma is planning to broadcast live music events of EMI artists at movie theaters. An EMI spokesperson confirmed the report. The company owns Odeon and UCI, the largest theater outside of North America, and is looking to use this new format as a part of its transformation.

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