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It's tough at the top



 
 
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Old January 17th 07, 07:07 PM posted to uk.rec.audio
Iain Churches
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Posts: 617
Default It's tough at the top

It seems that agreement has been made between EMI Music
and Alan Levy with regard to his departure from the company.

It is reported that Levy departs with a golden handshake of
UKP 7,000,000 - small potatoes compared with the deal
which Levy set up by which Mariah Carey has been paid
$28m (£19m) by EMI Records to end her recording
contract with the company in 2002.

At least on a temporary basis all EMI heads now report
directly to the Chairman and his chief financial officer.

EMI Classics is facing re-structuring, and plans for this are
to be announced in the next few days.

Hmm. Two vacancies at EMI Now where's my CV? :-))

Iain




 




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