Donut Guy Has EMI Looking Backwards
03/05/2008
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(Gigwise) EMI are to turn to their more established artists' back catalogues to boost struggling sales, according to new plans unveiled by the record label. By re-releasing material from artists such as David Bowie in new formats EMI hope they will be able to reconnect with the record buying public. The plans were unveiled by the newly appointed head of EMI's music catalogue, Stephen Alexander.
Alexander, who has previously held the top position at Odeon Cinemas and Dunkin' Donuts, said he was not sure that EMI's catalogue "has been given the level of focus and priority that it would be my contention it really warrants as a business." [considering that catalogue sales account for about half of all CD sales, this just might be something to focus on. Too bad it took a guy that use to sell donuts to figure that out.] - more on this story 
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