EMI: Economies of scale - they'll save us...

With money getting tight and a label losing talent both artistic and managerial, what can Guy Hands do to try and salvage EMI?

Erm, spend more money buying Chrysalis, apparently.

It suggests that Hands' strategy is going to concentrate more on catalogue and publishing than the riskier business of making new records. But it also suggests a certain degree of creeping desperation at the top level of Terra Firma.