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Home > Magazine > Article Archive > News

News: Former EMI Boss Says, 'Record Labels are Not Dinosaurs of the Music Industry'
Posted on Saturday, May 14, 2011 @ 07:10:18 UTC
Topic: Labels

They have been accused of greed and short-sightedness, seen as the fat cats making obscene profits on the back of musicians' creativity. But record labels have been unfairly portrayed as dinosaurs of the music industry, the head of the body representing the UK's record companies said on Friday. Speaking at the Great Escape conference in Brighton, Tony Wadsworth, chairman of the record-label body the BPI and former CEO of EMI, said that the record label in 2011 was leaner and a more flexible beast that would play a vital role in the future of the industry. Complete Article





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