Friday, November 19, 2004

IF YOU STILL DOUBT IT'S MISMANAGEMENT RATHER THAN PIRACY THAT IS A CHALLENGE TO THE BIG LABELS: Last year, in the first six months and against a difficult market, EMI made a profit of GBP9.2 million. This year, with conditions much improved, especially in their two key markets of the UK and the US, EMI somehow managed to lose nearly half a million quid. How on earth could anyone have managed that?