Revenues were up and losses down at EMI for the six months up to 30 Sep last year which is good news I suppose.
Not sure why they've taken to now to tell us, but whatever, revenues for the major music company were up 10% to £737 million for the half year, while profits from sales before tax were up a massive 202% to £130 million, with even the major's previously loss making recordings division making a profit. Hurrah.
That said, overall the Group made a loss for the period, mainly because of on going restructuring costs, though even that fact had a positive spin - overall losses were down on the previous year.
The financial report doesn't offer much information on what were the big earners were in terms of artists, though both Coldplay and Katy Perry albums are name checked as "major global successes".
Commenting on the results, EMI boss Elio Leoni-Sceti, who joined the major after the period in question, said: "EMI music is starting the process of recovery and has made some important strides forward on its route to success".