Berry plucked as Levy prunes EMI tree
In a move seen as almost inevitable by many in the music business, Nancy Berry has resigned as vice chairman of Virgin Records Group. The move comes just days after her estranged husband Ken Berry was replaced at the helm of Virgin parent EMI Recorded Music by ex-Polygram chief Alain Levy. Nancy Berry’s departure marks Levy’s first visible action to reshape EMI’s embattled U.S. label divisions, which have given up substantial market share over the past few years; EMI is currently in last place among the big five record congloms. Nancy Berry, who has been with Virgin’s U.S. operations for… Read more »