Untitled - David Kronemyer
Untitled - David Kronemyer
Untitled - David Kronemyer
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countries. This important business again achieved<br />
impressive levels of income and profits.<br />
RESTRUCTURTNG: capitol Magnetic Products<br />
Division and a UK sulsidiary, mainly magnetic<br />
base tape suppliers for audio duplicators, were<br />
closed. This allowed consolidation of all Capitol's<br />
music cassette duplicating activities into the<br />
complex in Jacksonville, Illinois. Distribution<br />
of third party videos in North America was also<br />
discontinued. Adverse conditions in New Zealand<br />
led to the disposal o{ the Record Clu} operations,<br />
withdrawal from manufacturing and the relocation<br />
of marketing and distribution activities. In<br />
Mexico, in-house manufacture and dishibution<br />
was replaced by collaboration with a major<br />
Mexican entertainment company.<br />
In its 90th year EMI Music now operates direcdy<br />
in 35 countries and serves a firrther 60 countries<br />
tlrough licensees and exclusive distributors. It is<br />
continually exploring new opportunities for<br />
expansion in the worldwide music market.<br />
Last year Br n Harris, his Managing Direaor<br />
Daoid Sncll ond their colleagrcs at EIVII Australin<br />
twned, a $A1 millinn loss into o profit of $A2<br />
million.'This year,' predias Brinn,'that profit uill<br />
be tuire os bi6.'Brinn gradualed in Econnmics,<br />
went to toork for Australin's lorgest biscuit malrcr<br />
onil only lnter johwd EMl. He then left n nm his<br />
own business. Lured, bo.dt by Daai.d Sncll in 1986<br />
he immciliately got to grips uith e.rcessiue<br />
overheads and rationalising lhe artists roster.<br />
Another key prinrity -'I'm a marketing gty.I<br />
belieue I am onllt as strong as the peopb uho work<br />
uith mc. So I set about buil.ding a winning team'.<br />
'Ioday,Atutralia's number onn band. Crowded<br />
Howe is an inlernntional success for EMI. Bian<br />
enjoys being uith his tu;o sons aboard their 28-foot<br />
monr ouiser. But his leisure thne is spdrse.'You<br />
coul.d say mtcit is a business like arry other,but it<br />
can become a way of life.'Th.en he le[t for his next<br />
appointm.ent - presenting a plntinum d,isc to Cliff<br />
Ridnril marking 70,000 albuns sol.d furi.ng Cffis<br />
four monlh Australian tour.
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