So a lot of people are hating Guy Hands, his private equity firm and the 2,000 redundancies which have come about as a result of his new purchase – EMI. I on the other hand (see what I did there) think what he’s doing could be the start of an exciting new era for the music industry and even if its not anyone who sends a million copies of Robbie Williams album to China to be used for road surfacing and street lighting is more than alright in my books.”About 85% of what EMI does release never makes a profit, in part because of the cash spent signing bands and partly due to overestimating demand. For instance, the company is understood to have more than a million unsold copies of Robbie Williams’s Rudebox album, which it will send to China to be crushed up and used in road surfacing and street lighting.”Source: Guardian Unlimited


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