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How history will judge EMI's Eric Nicoli, only time will tell. He will certainly be remembered as the chief executive who attempted to steer EMI into merger at least three times and failed each time, while the company's share price declined by more than two-thirds under his watch.
But you can hardly blame Nicoli for the decline of the recorded music business.
In recent months he has acted decisively to strip away an unnecessary layer of EMI management, while also leading his company into a non-DRM world. In addition, he leaves his company with a strong senior team, including Cecillon in Europe, Ames in North America and ...