From F.T.
Guy Hands’ attempts to prevent an exodus of talent from EMI have suffered a blow with the Rolling Stones’ decision to release their new album through rival Universal Music.
The album, Shine A Light, will be released in March, and will accompany a Martin Scorsese film of the same name that features two live shows [...]

The Daily Swarm has a comprehensive overview of major label E.M.I. chairman, Guy Hands’ announcement to implement massive cutbacks.
Despite Hands’ best efforts to put a positive spin on EMI‘s latest restructuring plan, there’s no escaping the grim nature of the news. The company expects to cut up to 2,000 jobs—about a third of its global [...]