Newsflash: EMI losses, Japanese War Effort and Unwinding Hours album releases, TITP news...
Blame it on the Moog, eh...

UtR’s favourite ambient-pop minimalist Japanese War Effort will release his second album ‘I Will Leave You Now, And Two Loudspeakers Will Take My Place’ on 8 March. The follow up to his 2008 debut 'Snowbird' contains, what the press release says are, “some of Martin Moog’s strongest and most interesting work to date”. On first impressions, ‘I Will Leave You’ is certainly more dense in texture than its predecessor while continuing Moog’s liking for complex, star-chasing slinks. No doubt you’ll hear a lot more of said record on these pages in the months to come.
‘Gramme pair to unwind...
Aerogramme fans rejoice, The Unwinding Hours album is scheduled to launch into your lugholes in less than two week, on 15 February to be precise. The debut LP of Ex-‘grammers Craig B and Iain Cook will be released through Chemikal Underground and, if early reviews are anything to go by, looks set to be one of the Scottish records of the year. Can’t wait to hear it? We’ll here’s the track listing for you...
Knut
Tightrope
Little One
There Are Worse Things Than Being Alone
Solstice
Peaceful Liquid Shell
Child
Traces
Annie Jane
The Final Hour
Frightened Rabbit pour another one...
To celebrate the impending release of their third studio album, The Winter of Mixed Drinks, the next Snow Patrol, aka Frightened Rabbit, want you to make a diddy of yourself on the web. All their asking you to do is post a video of you making your favourite mixed beverage, no doubt in a particularly foolish manner, and you’ll be in with a shout of winning two tickets to an upcoming gig and have a drink with the band afterwards. If you fancy putting yourself up for undeletable, everlasting internet ignominy then click here. If you’d just prefer to watch the band’s latest video, press play on the video below:
Frightened Rabbit on MUZU
A £1.75 billion dEMIse... Hands up if you know what £1.75 billion looks like? No-one. Okay, hands up if you know what minus £1.75 billion looks like? Come on EMI don't be bashful, raise those paws.
That’s right, one quarter of the ‘Big Four’ in the music industry announced a pre-tax loss of close to 2 billion smackers (what's £0.25bn?) for the financial year to the end of March 2009. Following the news that owners Terra Firma were asking financial backers for £100m to meet loan repayment commitments, you’d be forgiven for thinking the London-based major was spluttering its way to a long overdue box in the ground. Y’know, with the maggots, worms and other such icky stuff.
But there appears to be some semblance of hope for the fading giant. A billion of the losses were caused by Terra Firma’s accountants insisting on an 'impairment charge'. A what? Well, the perceived value of the EMI catalogues and the company's corporate reputation was cut which impacted on the firm's ‘bottom line’. Also, ongoing restructuring costs used up over £100 million and interest payments on the loan Terra Firma took out to buy EMI in 2007 cost the company several hundred million more.
All in all, it means that, although EMI’s record labels sunk lower than an ex-England football captain on a night out with his mates missus, a boost in music publishing revenues has made the company itself just about operational. But hey, that doesn’t mean they’re not drifting paddle-less up a creek of defacation. Rumours are abound that EMI is on the brink of collapse and that Terra Firma are looking to cut their losses. Some even talk of mergers with Warners *shudder*.
Desperate times, eh? Funny thing is, we can’t decide whether a collapsing big gun is a good or a bad thing.
Balado go for another three years...
Good news for those who prefer their camping trips on the more hedonistic side. Perth and Kinross Council has agreed to keep T In the Park in Balado for another three years.
Now in it’s twelfth year of holding Scotland’s biggest outdoor festival on the disused airfield, DF Concerts had its licence application approved by the Council’s licensing committee.
Capacity on the campsite was also bumped up to allow 5,000 more inebriated punters to spend the night, rather than attempting to stagger their way through a sea of plastic cups to the night bus home. The campsite will now cater for 25,000 people on the Thursday evening and 70,000 on both Friday and Saturday nights.
This year’s T in the Park runs from Friday 9 July through to Sunday 11 July at Balado. Kasabian are headalining but there’ll be many more worthy acts for you to get your lugs around, no doubt.
Words: Billy Hamilton
Got news you want to share? Let us know by emailing utr.scotsman@gmail.com
Labels: Frightened Rabbit, the japanese war effort, the unwinding hours, TITP

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