EMI Review & Exec Layoffs Continue. Cinema Synergies Sought.

LONDON (Hypebot) – GOAL IS TO TRANSFORM RECORD COMPANY INTO A MUSIC GROUP

Terra Firma/EMI's Guy Hands is continuing his review of the major label group with a a new corporate vision statement and plan forward due just a few weeks from now.

Executive layoffs continue with Ian Hanson, who was promoted to COO last January, left the company just before Christmas. Chief Information Officer James Anderson will leave soon according to a report from the UK's Telegraph. Jo McCollum, the head of human resources, left late last year.

In an effort to find new marketing avenues for the label, Hands is planning broadcast of live concerts by EMI artists into hundreds of Terra Firma owned Odeon and UCI movie theaters across Europe.