ARGH. Your markup stripping makes any kind of detailed commenting horrible! :(
It's not completely fair to call EMI "struggling" as in the last financial year they made a lot of money, primarily due to the massive changes and cost cutting brought about by the new owners. [http://www.afterdawn.com/news/archive/17908.cfm]
That said, many of the cuts they've made will lose their money in the future (dropping artists, artists leaving).
I also don't know how well they're doing this year.
Radiohead should cover the Sex Pistols song "EMI" for their next web release
I thought this was probably a bit of a beat-up, and it is. It's still <i>slightly</i> outrageous but here's what Cheap Thrills, an awesome indie record store in Montreal, says in the comments: <br>this really isn’t such a big deal. First of all “One Stops” DOES NOT mean Wal-mart and Best Buy. A one stop is a distributor that buys from the labels and sells to retailers. Most indie stores get their product from one stops anyway. Some labels do sell directly to larger indie stores that have a large volume, but this, and only this, is what EMI is halting. I should know, as I am an indie retailer. We have always used a one stop distributor, and will continue to do so. And F*CK Wal-mart!