The Motion Sick: The Music Industry Today…

While Mike reads the newspaper to find random industry-placed adverts, upon my morning flip of the paper found this interesting article about the new head of EMI… A music producer, like Rick Rubin? No, a financier named Guy Hands. Known primarily for rescuing Pubs and Petrol Stations from bankruptcy, he found the Music Industry was quite different than the corporate boardrooms he was accustomed to patrolling. I’d be curious to see what people think about his approach (hint… leave comments!), but I just don’t think that applying the same cost-cutting measures that may be effective for restaurants and traditional businesses is going to work.