Wednesday, April 03, 2002

STEREOPHONICS TO GET BANK JOBS: No surprises that V2, Richard Branson's increasingly unsuccesful attempt to prove he still has the magic touch with the music industry (having flogged Virgin off to EMI ages ago) is in serious trouble, along with the rest of the bearded one's empire. Indeed, things are so dark at the label that half of it has just been signed over to Morgan Stanley Dean Witter, which means that half the Stereophonic's label is now owned by a bank. Which seems kind of apt for them, don't you think?
We actually had a certain affection for V2, since their A&R bloke did pop up at Liverpool gigs at times other than when In The City or Radio One held events allowing capital-based wankers to come up in large enough numbers to not be scared. This commitment was only marred by the pisspoor cloth ear the A&R department had as a whole, but, hey, nobody's perfect, are they?


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