Quantcast
EMI Earnings

As if things weren’t bad enough in the Terra Firma-Citigroup showdown, EMI Music issued a brutal earnings report for the fiscal year ending last March. The net loss of 1.56 billion pound ($2.48 billion) was far worse than the previous year’s loss of 412 million pounds ($649 million). The red ink did include an impairment charge of 1.04 billion pounds ($1.64 billion), and EMI racked up sizable restructuring charges during the period in question, as an estimated 5,000 were eliminated from the global workforce. But look on the bright side—the fiscal year ending this March will benefit from those Beatles reissues. (2/5a)

ARE SUMMER STADIUMS NEXT?
Uncertainty reigns. (4/9a)
YOUR TOP 20:
WEEKND VS. WAVE
Deja vu all over again? (4/9a)
A REFRESHING REVENUE CHART
Bring on the newbies. (4/9a)
FANS PINE FOR PRINE (UPDATE)
Hello up there. (4/9a)
IOVINE GAME FOR FAZE CLAN
There's life after Beats, Apple for the irrepressible innovator. (4/9a)
WE FOUND SOME TOILET PAPER
Also known as back issues of HITS.
SOCIAL DISTANCING
We turn out to be pioneers.
STREAMING STORIES
The music doc shows new muscle.
ELECTION 2020
Not postponed yet.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)