EMI's Massive Overhaul
EMI">http://www.emigroup.com">EMI Group PLC has gotten serious about surviving in a depressed market. In the wake of a disastrous multimillion-dollar payouthttp://www.stereophile.com/news/11265/">payout; to pop singer Mariah Carey, the UK music label has announced sweeping cutbacks in its workforce—including many American executives—and in its roster of artists.
Is it the low exhibitor rates? The excuse to visit Montreal, perhaps North America's most cosmopolitan city? The efficiency and charm of organizer Marie-Christine Prin and her assistants? Whatever the reason(s), Montreal's Festival Son & Image has become a real success story, attracting an ever-increasing array of exhibitors and audiophiles from far and wide. Last year, the Festival spilled over from the downtown Delta Hotel to the Four Points Sheraton across the street; this year, there were exhibits in the Holiday Inn next door as well.