Music giant EMI plan to enforce tight restrictions on new artist signings and marketing budgets. The moves are likely to be followed by job losses among the UK music group’s 5,500-strong workforce later in 2008. (Source: FT.com)
Chingy rejoined Ludacris’ DTP label earlier this year and will no doubt be looking for a new label home in 2008! The rapper’s latest album “Hate It Or Love It” has only managed to shift 31,517 copies and entered in at number 84 on the US Billboard chart . Well no surprises here folks! Def Jam/DTP what did you all hope to achieve by re-signing him???