mardi 1 février 2011

War is over

Citirgoup has taken over EMI. This will go in business history as one of the biggest business mistake along with IBM's selling their stake in Intel or the Time Warner - AOL merger.

As an aside, all the descriptions of EMI's business mention the Beatles and other pop/rock music. Classical must be very small or unable to relate to the press, or simply maybe the only profitable and stable part of their portfolio.