"We believe we have devised a new revolutionary structure for the group that will improve every area of the business. "We have spent a long time looking intensely at EMI and the problems faced by its Recorded Music division which, like the rest of the music industry, has been struggling to respond to the challenges posed by a digital environment," said Hands, Terra Firma's chief executive. In a statement, EMI said it would help artists "monetize the value of their work by opening new income streams such as enhanced digital services and corporate sponsorship arrangements." In a move to allay discontent, EMI promised to focus more resources on A&R - artists and repertoire - and "developing a new partnership with artists, based on transparency and trust." Several of EMI's biggest acts have left the label in the last year including Paul McCartney and Radiohead. In a November memo to staff, Hands said in future EMI would be "more selective in whom we choose to work with." Last year's takeover by Terra Firma, a private equity firm led by financier Guy Hands, sparked speculation there would be a cull of less-profitable acts from the EMI roster. The company blamed disappointing North American results for a series of damaging profit warnings, but industry experts also pointed to EMI's lack of new music and internal control problems. Private equity firm Terra Firma Capital Partners bought the company for 2.4 billion pounds ($4.9 billion) in August.ĮMI has struggled more than the other major labels - Sony BMG, Universal Music Group and Warner Music Group - amid the decline of CD sales and the rise of digital music downloading. The company did not provide details but said it intended to help its artists to make more money through sponsorship and other deals.ĮMI's label's artists also include the Beastie Boys, Norah Jones and Kylie Minogue. About a third of the job cuts will be in Britain, where EMI is based, the company said. The changes will entail the loss of 1,500 to 2,000 jobs from the current work force of 5,500. The company said sales, marketing, manufacturing and distribution would be combined in a single, global division. With the right qualifications, experience, and connections, you can make a successful career in this dynamic field.LONDON - The new owners of music label EMI Group - home of the Rolling Stones, Coldplay and the Spice Girls - said Tuesday that they plan to cut up to 2,000 jobs, or more than a third of its work force, in a restructuring aimed at offsetting the impact of falling revenue from CD sales and the departure of several of its major artists.ĮMI said it hopes the restructuring of its recorded music division, to be completed in six months, will save up to 200 million pounds (US$400 million) a year. Conclusion:Ī&R jobs in NYC are highly competitive, but they offer the opportunity to be part of the creative and profitable world of music. For those just entering the music industry, an internship or paid assistant role is often the best way to break in. Promotion: Working with marketing, publicists, and management to promote artists and increase their reach.Ī&R personnel in NYC may work for a record label, artist management company, independent promotion company, or even have an independent career.Signing: Negotiating and signing contracts with new talent.Artist Development: Working with artists to hone their songwriting and production skills, and helping them define their artistic identity.Networking: A&R professionals must attend industry events, scouting concerts, and nightlife events to find new talent.Experience in music production, marketing, journalism, or A&R is Preferred. They will also need a well connected network of industry professionals. General QualificationsĪ&R professionals should have a passion for music, an understanding of the industry, and excellent communication and organizational skills. An A&R job involves discovering and developing music talent, helping them find their own creative direction, and managing the career and creative direction of artists. Are you interested in breaking into the music industry in New York City? A&R (Artist and Repertoire) jobs are an important part of the process.
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