Elio to exit EMI

Elio We Hardly Knew Ye

EMI, which has been second to none when it comes to generating headlines, has done it again, big time. The company issued a statement this morning saying that Elio Leoni-Sceti has gone buh-bye, and TV veteran Charles Allen, who's been running the EMI Music leadership team for the last 14 months, has been appointed Executive Chairman. Let the speculation begin. Check out the full story in news. (3/10a)

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