Music business

Bad year for EMI

LONDON - EMI Group reported a wider loss in the six-month period ending September 30th compared to the same period a year ago. The company says that conditions in the worldwide music industry went from bad to worse. According to news agency AP, EMI had a net loss of 74.5 million USD compared to 39.3 million USD a year earlier. Revenues fell to 1.53 billion USD from 1.63 billion USD. EMI has 70 labels and 1,500 artists, including Roxette.

This article was written for an earlier version of The Daily Roxette.
Technical errors may occur.

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November 21st, 2001

Internal reference code for TDR's Good Reporters: [tdr 112454]

This article was posted here on TDR in these categories:

Archive, TDR:Music Business, vintage.

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