EMI Embarks On Major Restructuring – Will Shed 2000 Employees By Summer – Rolling Stones Leave Label For Next Album

The Rolling Stones announced that Universal Music would release their next album, the soundtrack to artin Scorsese’s “Shine A Light.” The film features two 2006 shows by the band and is due to be released in March 2008. The news comes on the heels of a recent announcement by Guy Hands, head of TerraFirma, to cut between 1500 and 2000 jobs worldwide by mid-year in hopes of saving £200m a year, as EMI’s planned...

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Sony BMG Promotes Platinum MusicPass MP3 Card To Latin Market

Sony BMG is promoting its new Platinum MusicPass MP3 retail card with a new campaign targeting the Latin music market. MusicPass albums by Alejandro Fernandez, Calle 13, Jennifer Lopez and Camila are among the 37 Latin acts whose albums will now be available. The credit-card sized cards are available from BestBuy, Fye, Target and others. The cards not only contain the entire album encoded as 320kbps MP3 files, but also feature music...

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