Feeds

EMI: DRM stays

Talks break up

Intelligent flash storage arrays

EMI has broken off talks with digital music download services about providing a DRM-free repertoire.

EMI was always tipped as the most likely of the "Big Four" to break ranks with its peers and supply music unencumbered by DRM. It's the smallest of the four major labels, the only one that isn't part of a major entertainment conglomerate, it's seen two mergers with larger partners scuppered in recent years - and it's in an ominous financial position.

The group axed chairman and CEO Alain Levy in January and announced it needs to make £110m of cuts this year. EMI turned over £867m in the six months ending October, with a pre-tax profit of £18.6m.

The record business has seen physical sales fall by 10 to 15 per cent but digital sales haven't made up the gap. But digital has been a boon for the burgeoning independent sector, which has few qualms about selling DRM-free music to services such as eMusic, Yahoo!, Music and Bleep.

According to reports, EMI had asked the online stores for large upfront payments to guarantee their revenue.

EMI last week confirmed that it had received an approach from Warner Group, but no formal bid had yet been made. You can read that statement on the endearingly 1995-era EMI Group website, here.

Netscape Navigator 1.1 or higher recommended. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.