Sunday, December 02, 2007

I couldn't get enough / so I had to self destruct

No, you can’t have that insert in your sleeve, and your video budget is strictly limited (and 100% recoupable)……….

Guy Hands, the new chairman of the record group, has sent a confidential document to potential investors detailing the spending under the former head Eric Nicoli. This included £5.6m on a three-bedroom townhouse for Mr Nicoli in Park Lane, central London, that he was said to visit as infrequently as once a fortnight………….

……..£20,000 was once spent decorating a Los Angeles apartment used to entertain artists and hangers-on, while £200,000 is spent every year on fruit and flowers for EMI's London offices.

Burn, baby, burn….

I do remember, no so long ago, one major record company in New Zealand flying their whole staff  (some thirty) to Tahiti for a conference, a week after one of their acts was told there was no money for a remix, despite some success with the current release.

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