News »
Gigwise RSS Feeds Bookmark and Share

EMI Records UK Chief Leaves Company After 25 Years

Ahead of extensive shake up...

EMI Records UK Chief Leaves Company After 25 Years Add to My Fav Bands List

Tony Wadsworth, chairman and chief executive of EMI Records, has left after more than 25 years at the company.

He is the first of a number of senior members of staff who are expected to leave following EMI’s recent takeover by private equity company, Terra Firma.

Wadsworth is credited with establishing some of the label’s biggest artists, including, Coldplay and Robbie Williams, and is a highly respected figure in the music industry.

His role will be taken over by Roger Ames, who fronts EMI in America, and Terra Firma board member Mike Clasper, the record label has announced.

Wadsworth’s departure comes ahead of an extensive reshuffle which is expected to be announced by Terra Firma’s chief executive Guy Hands later this month.

It’s believed that Hands’ reconstruction plans will echo earlier calls for artists to work harder, as well as monitoring EMI’s spending in other areas.

Terra Firma’s £2.4bn takeover has already affected EMI’s artist roster, with Radiohead and Sir Paul McCartney both leaving to work independently.

Coldplay, one of EMI’s biggest remaining acts, are also reported to be discussing their future at the label.

(1)
  • Its sad that such big artists have to face these issues, and focus less on music. But its also nice since after radioheads daring venture the entire music industry is going in a new direction. This is a lovely transition of the music scene globally. We just have to wait and see what comes out of it at the end of the day.

    ~ by Khurram Syed 1/9/2008

    Reply to this comment


     characters left [+]  


    Register now and have your comments approved automatically!

    • #FollowFriday @gigwise @worldofblues @FridayMixtape @MeLikeGoodMusic @themusicslut @MyStage_Music @FridayBruceFix @rftmusic @musicsinmyveins
      zandria1 on Fri Nov 06 15:23:26 via web
    • RT @Gigwise Eminem 'To Star In 3D Hip-Hop Horror Movie': http://tinyurl.com/yerm5js < File under Terrible Ideass for $200 Alex?
      alternageekorg on Fri Nov 06 15:14:40 via web
    • @Gigwise So exciting! Can't wait for the London gig. Muse Rocks!
      solamore on Fri Nov 06 15:13:08 via web
    • RT @Gigwise: Pet Shot Boys To Release Christmas EP: Ahead of festive UK tour... http://tinyurl.com/ydhpdno
      _barbarroja_ on Fri Nov 06 14:40:20 via TweetDeck
    • Puede ser RT @Gigwise: Morrissey Is 'Greatest Lyricist In History of British Popular Music': http://tinyurl.com/ycoaqjo
      _barbarroja_ on Fri Nov 06 14:40:03 via TweetDeck
    Artist A-Z   # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z