fair music weblog

After it emerged that the british rock band Radiohead is selling its latest album online and lets fans decide how much they want to pay, Guy Hands, whose private equity house Terra Firma purchased EMI two months ago, has urged the staff of the label, according to the Telegraph, in a confidential e-mail to embrace the digital age. “Mr Hands said the dramatic move by Radiohead was ‘a wake-up call which we should all welcome and respond to with creativity and energy’.”, writes the online Telegraph.
Hands is further quoted that the music industry “has for too long been dependent on how many CDs can be sold” and “rather than embracing digitalisation (…) the industry has stuck its head in the sand”.

The article: EMI warning on internet music - Telegraph.co.uk