EMI figures show digital revenues starting to have an impact
EMI's half-year profits fell slightly to £36.9 million, but digital revenues rose 600%, lifting the share price, with chairman Eric Nicoli predicting growth.…
Eric Nicoli
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EMI boss hits back at "too mature" charges
EMI chief Eric Nicoli has replied to a Financial Times letter claiming the music industry is too mature, arguing it is innovative and that piracy needs government and legal help.…
Warners on the lookout for indie acquisitions
According to the New York Post, Warner Music is reportedly meeting owners of US independent labels, including Lyor Cohen, about acquisitions or joint ventures after EMI ruled out a merger.…
EMI boss says no to Warner merger plans
EMI chairman Eric Nicoli says a merger with Warner Music is not on the agenda, despite earlier talks and rumours that Bronfman Jnr may reopen them.…
EMI back on the up
EMI reported an 18% rise in adjusted pre-tax profits to £177.3m, helped by cost cutting that included 1,900 job losses despite an 11% fall in revenue.…