EMI Music, the record label crippled by debt, announced yesterday that Elio Leoni-Sceti, its chief executive, is to leave after just 18 months and before completing a rescue plan.
债务缠身的唱片公司百代音乐(EMI Music)昨日宣布，上任仅18个月的首席执行官埃利奥•莱昂尼-谢蒂(Elio Leoni-Sceti)即将离职。此时，他的纾困方案尚未完成。
People close to the company said Mr Leoni-Sceti and Guy Hands, whose Terra Firma private equity company owns EMI, had been unable to agree on a strategy for the plan, which was due to be presented to Mr Hands in the coming weeks.
据知情人士透露，莱昂尼-谢蒂本应在未来数周将方案递交葛涵思(Guy Hands)，但双方一直无法就方案的一项战略达成共识。葛涵思旗下的私人股本公司泰丰资本(Terra Firma)是百代的所有者。
Another person close to EMI said: “Elio jumped because he didn't see a way of delivering the business plan in a form that Guy would find acceptable.
另一位熟悉百代的人士表示：“埃利奥之所以突然离开，是因为他找不出一种在葛涵思看来可以接受的方式来制订商业计 划。”
“He didn't want to be associated with something that he didn't think would work and end up being sacked six months later when EMI is sold to Warner Music.”
“他不想向自己觉得不会奏效的事情妥协，免得过6个月百代被卖给华纳音乐(Warner Music)后再遭解雇。”
Terra Firma has until June to present its investors with a justification for putting an extra £120m ($180m) into the company to prevent a breach of covenants that would see Citigroup, which holds £3.2bn of debt in EMI, seize the company.
泰丰资本必须在6月份之前向投资者解释，为何要向百代 再注入1.2亿英镑（合1.8亿美元），以避免违反契约，使公司旁落给持有百代32亿英镑债务的花旗集团(Citigroup)。
The news about Mr Leoni-Sceti took the industry by surprise.
莱昂尼-谢蒂离职的消息令唱片业大为震惊。
Mr Leoni-Sceti is to be replaced by Charles Allen, the former chief executive of ITV, who will move from non-executive to executive chairman.
莱昂尼-谢蒂的位置将由英国独立电视台(ITV)前首席执行官查尔斯•艾伦(Charles Allen)接掌。艾伦将从非执行董事升为执行主席。
There has been increasing speculation in recent months that EMI could end up being sold to, or merged with, Warner Music, one of its biggest rivals.
近几个月，业内纷纷猜测百代最终可能会被最大竞争对手之一华纳音乐收购，或者是两家唱片公司合并。
It also emerged yesterday that two of EMI's biggest acts, Pink Floyd and Queen, have been talking to other labels about transferring their loyalties. EMI has already parted ways with the Rolling Stones and Radiohead since the Terra Firma takeover.
昨日还传出消息，百代最知名的两支乐队平克•弗洛伊 德(Pink Floyd)和皇后合唱团(Queen)已经与其它唱片公司接洽，商谈转签事宜。被泰丰资本收购后，百代已经与滚石乐队(Rolling Stones)和电台司令(Radiohead)分道扬镳。
A music industry executive present at one such discussion said that the sums of money being sought by both bands were “offputting”.
一位 出席了一次相关讨论的音乐界高管表示，两支乐队开出的价钱都“令人光火”。
The back catalogues of both Pink Floyd and Queen are tied to EMI in lengthy contracts, but they have been exploring other ways of exploiting their music, this person said.
这位高管表示，平克•弗洛伊德和皇后合唱团的旧曲目都 与百代签署了长期的绑定合约，但他们已开始探寻其它途径，从自己的作品中获益。
英国《金融时报》本•芬顿(Ben Fenton)、埃丝特•宾特里夫(Esther Bintliff)伦敦、安德鲁•埃奇克利夫-约翰逊(Andrew Edgecliffe-Johnson)纽约报道