Tuesday, May 20, 2003

WHY DON'T THE RIAA AND THE BPI DO SOMETHING, ANYTHING, TO SAVE THESE COMPANIES IN DANGER?: We might be glib about the threat of piracy and internet downloads, but... you have to face up to the hardships it can cause. Pity poor EMI, for example - they could only manage GBP175 millions worth of profits in the last year - that's less than half a million quid in profit every day. And their revenue has fallen to just GBP2.1billion. That's roughly the GDP of a country like the Democratic Republic of Congo, and enough to pay off Congo's entire foreign debt. But then again, Congo don't have to worry about breaking Robbie Williams in the US.


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