Did you miss a session from the Future of Work Summit? Head over to our Future of Work Summit on-demand library to stream.
At first, I thought this was yet another April Fool’s joke coming out of Google today, so I held back on publishing. One of the company’s top engineering vice presidents, Douglas Merrill, is leaving for a new job at troubled music label EMI.
But I’ve confirmed with one reliable source that Merrill is indeed leaving Google, and a bunch of others say they’ve confirmed the EMI angle.
Merrill has been with Google since 2003, when he joined as its senior director of information systems, and among other things led its initial public offering effort in 2004. He’s more recently held “direct line accountability for all internal engineering and support worldwide,” according to his corporate bio.
The interesting part of this story — besides the fact that yet another very rich, senior Google executive is leaving — is that EMI itself has been busy experimenting with giving away its music and living off advertising revenue. Today, it and other music labels are announcing that they’re working with a Nordic telecom company, TDC, to provide its Danish subscribers with their music content for free. EMI is apparently hoping to make money from advertising on its mobile portal that TDC subscribers will have access to.
So, Merrill knows from the inside out how Google has succeeded through giving away products for free. Maybe he can instill a Google mentality in EMI’s approach to figuring out how to survive. As this CNET article details, total revenue numbers at EMI have dropped from $14.3 billion in 2000 to $10 billion last year.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more