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)

YTD MARKET SHARE
It's a mad, mad, mad, mad music biz. (6/13a)
NEAR TRUTHS: THE HITS KEEP COMING (PART TWO)
Born in 1986 by mad scientists; still lurking. (6/12a)
HITS LIST GOES COUNTRY
Pairs well with grits and gravy. (6/14a)
TOWNSHEND, PLATT AMONG TONYS PRESENTERS
Sunday! (6/12a)
SONG REVENUE: LEGERDEMAIN
Slim Shady lives! (6/13a)
THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)