Ex EMI boss launches “the ultimate online music community”

Ex-EMI top dog, Eric Nicoli has launched an online music community RandRWorld, aimed at unsigned bands, music lovers, music professionals and venues.  Perhaps 5 years too late, RandR outline their mission statement to ‘music lovers’ in a format that probably looked good on a Powerpoint slide, but really won’t engage the modern day consumer. 

We hate to be negative on this blog, but this looks to be a bit of a lame duck on 1st viewing….

The bank of Branson…

Richard Branson’s Virgin Megastores helped see the music industry through the good times of the 80s, and he bankrolled the store chain through the 90s and 00s when the business was struggling. Eventually he gave up the ghost and agreed to sell his failing enterprise to management for a token £1. Finally he was free of the albatros….well, no actually, it turns out Virgin are still underwriting Zavvi and Branson’s company could now be hit with a bill for £millions. According to The Times, Woolworths administrators are calling in a £106m debt owed to their failed distribution arm, EUK, which could lead Zavvi into administration. Ouch…

Posted by Dave Chase, head of music partnerships at Mindshare