From Making to Music. The history of Thorn EMI

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  • Name Acquisition, takeover, merger, etc, activity exc competition issues
  • Name Diversification strategies

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Written by a longstanding manager of Thorn EMI, latterly Director of Corporate Development. In a narrative account deals extensively with the histories of Thorn, essentially an electrical engineering and especially electrical appliance manufacturer, and EMI, with strong entertainment and music interests as well as electronic interests such as in pioneering CAT scanners, from their origins to their merger; the merger of the two in 1980; the post merger strategy of disposals and refocusing to develop an integrated music, consumer electronics and high technology business including acquisition of Inmos; the failure of the strategy and the subsequent reconstruction of the business to focus on music, music retailing and appliance rental; the subsequent reorganisation to form two businesses, EMI and Thorn. Extensive appendices provide financial analysis and sales, Thorn Electrical Industries and EMI, 1970-79, and of Thorn EMI, 1980-96; list of disposals, 1980-95; acquisition, 1980-96. Provides insight into corporate decision making re strategy creation and execution via merger, diversification, demerger, ec