The FT's analysis of new stats from the International Federation of the Phonographic Industry presents good news for the recently merged Sony BMG. If you take their combined performance in 2003 the new company released 22 of the top 50 albums last year, gave that other major major record company Universal a run for its money in the US, beat Universal in Germany and Spain, and took over EMI's position as second biggest music company in the UK. Of course that's before all the post-merger streamlining that is still to come, but nevertheless, good news for Andrew Lack and his team.
Sep 16, 2004
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1 min read
Financial Times analysis shows Sony BMG performing well in IFPI figures
According to the FT's analysis of IFPI statistics, Sony BMG released 22 of 2003's top 50 albums and overtook EMI as the UK's second biggest music company.