EMI announces restructuring


Music conglom EMI announced a restructuring program designed to save the company $215 million in incremental annual cost savings. EMI created the plan, which included the dismissal of two top execs…

Amplified wishes


There's nothing like an accolade or anniversary to stir rock 'n' roll reunion rumors. Freshly inducted into the Rock and Roll Hall of Fame, Van Halen is plotting a return to concert stages in the…

EMI cues two for departure


EMI is expected to announce a restructuring today that will result in the ankling of two senior execs, Alain Levy and David Munns. Eric Nicoli, chairman of the London-based music distrib, is expected…

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