UK - Guy Hands slammed by former EMI artist

According to O'Brien, Radiohead were keen to sign a new contract with long-time backers EMI, but were offered a bad deal by the incoming Terra Firma and chose instead to offer their latest album digitally for a discretionary fee. O'Brien said that EMI "has been taken over by somebody who's never owned a record company before and they don't realise what they are dealing with."

Last month, Guy Fletcher, director of music publisher MCS, questioned whether Hands' previous experience is suited to a business such as EMI: "Guy Hands doesn't appreciate that music artists need loving up. Music is different from other industries that Hands has experience in, such as landfill."

Terra Firma paid £2.3bn for EMI in July.

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