Via Coolfer: "A report this morning by Fox News' Roger Friedman claims Capitol Music Group head Jason Flom and Capitol Records president Lee Trink will exit their roles at EMI and will not be replaced. The folks at Terra Firma, Friedman wrote, do not believe in label presidents...which means Coldplay will soon release the most important album of the Terra Firma/EMI era without anybody helming the ship. (Friedman is told all EMI labels will have "president of A&R" roles and heads of marketing, but no label presidents.)"
The article also notes "More perilous is the situation at Blue Note and Manhattan Records, two highly successful divisions of EMI run by Bruce Lundvall and Ian Ralfini. Their artists include top-selling acts such as Norah Jones and Celtic Woman. Lundvall is sort of the Clive Davis of EMI and may get the same kind of deal as Davis now at Sony BMG — sort of president emeritus. But even that is unclear, since Hands and friends are said not to have contacted him yet."
Lundvall is responsible for signing NZ singer Hollie Smith to Manhattan/Blue Note.
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