James Ashton
Download your 2 for 1 Pizza Express voucher
BRITAIN’s broadband providers are like its Victorian water pipes – far too leaky, according to a top entertainment chief, writes James Ashton.
Elio Leoni-Sceti, chief executive of EMI Music, whose artists include Katy Perry, above, is stepping up his push for providers to clamp down on consumers illegally downloading millions of pounds worth of digital music.
“Internet service providers play a significant role because they own the pipe,” he said. “In England we know there is a lot of water and content filtering wastefully through the pipes across the country. The pipe owner has a responsibility to close the holes.”
In a maiden speech to the broadcasting industry this week, Leoni-Sceti will welcome Lord Carter’s Digital Britain proposals, which require internet firms to warn customers when they are illegally downloading, but call for them to go further.
“There are encouraging signs in the contents and I am looking forward to contributing to their refinement by June when I sincerely hope they will be much more clear and prescriptive,” he said. His research suggests that although 20% of Britain’s £1.3 billion music industry comes from digital sources, by volume consumed digital makes up 70% of the market. Of that, 90% is illegal, but the 10% of digital music bought legally is growing at twice the rate of pirated tunes.
Internet bosses think music labels should do more to put their own house in order before they are made to snoop on subscribers. ISPA, the internet companies’ trade body, declined to comment.
Leoni-Sceti, who joined EMI from the cleaning-products group Reckitt Benckiser last October, shrugged off fears that financier Guy Hands’s Terra Firma fund would be forced to inject more cash into the music company next month when the earnings ratios on its debt are tested. It poured in a further £16m in September.
“I think we are confident we will have no problem,” Leoni-Sceti said. “This ratio will be met.” He also insisted that there was no immediate need to restructure EMI’s £2.4 billion of borrowings.
EMI’s most recent figures showed that half-year losses narrowed from £324m to £155m as sales rose 10% to £737m.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
2006/06
£POA
Surrey
2009
£114,950
Derbyshire
The best policy at the
best price
Be Wiser Insurance
£POA
Surrey
Highly competitive six figure
Nationwide
Swindon
Competitive benefits package
Chartered Institute of Builders
Ascot
Competitive salary + benefits
NHS Direct
London
£125K
Meltwater News
Nationwide Positions
With Part Exchange Crest Nicholson could get you moving.
Award-winning riverside development, SW11.
Luxury apartments for sale from £350,000.
Find out more about our luxurious apartments and houses for sale in the heart of Sussex.
for sale in the French Alps
from E189,000.
We're offering extra savings on Voyager & Adventure of the seas Mediterranean Cruises fr £549.
Book by 28 Feb!
Includes 3* accommodation throughout, a 15 minute Apollo night helicopter flight down the Las Vegas strip and United Airlines flights from Heathrow.
Same break by air costs £189. Valid for weekend travel until 31 Aug 10.
Get covered on your travels with a superb range of policies at great prices
Visit InsureandGo.com
Family friendly villas with Quality Villas. Book with the specialists.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Milkround
Copyright 2010 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.