For EMI, things just go from bad to worse. Joss Stone has offered to forfeit as much as £2m to escape her record contract, according to reports. The singer is allegedly desperate to leave the label after having released just one album out of a £7.5m four-album deal.
This is the latest blow to EMI, which has seen big-name stars such as Radiohead and Paul McCartney leave in recent years. In 2007, private equity firm Terra Firma, led by Guy Hands, bought EMI, a move that was criticised by many artists, including Lily Allen.
Tags: EMI, Guy Hands, Joss Stone, Lily Allen, Terra Firma
You must be logged in to post a comment.
Hot Chip to release fourth album in February 2010
Arctic Monkeys and Oxfam
Cheyl Cole still top of the music charts
No World of Warcraft in China
Top Ten Halloween Music Videos
Whitney on X Factor
Rock Band and U2
10 On-line Music Resources that Rock!
Rammstein on tour
Another departure from Sugababes
June 1st, 2009 at 2:24 pm
good luck to her!
September 9th, 2010 at 8:13 am
Buy:Accutane.Human Growth Hormone.Mega Hoodia.Zyban.Zovirax.Valtrex.Prednisolone.Actos.Arimidex.100% Pure Okinawan Coral Calcium.Synthroid.Lumigan.Retin-A.Petcam (Metacam) Oral Suspension.Prevacid.Nexium….
November 11th, 2010 at 11:42 am
…
BUY FASHION. TOP BRANDS: GUCCI, DOLCE&GABBANA, BURBERRY, DIESEL, ICEBERG, ROBERTO CAVALLI, EMPORIO ARMANI, VERSACE…