Lets have a look folks at how much they claim to have lost this year
Actually the figures are rather good, they had this to say about their future being in the digital market rather than the physical media arena.
http://www.emigroup.com/Press/2006/press23.htmThe recorded music market is undergoing significant change as it becomes increasingly digitised. At this early stage, it is impossible to predict accurately how the market will evolve. However, our analysis, based on recent industry trends, EMI’s performance to date and proprietary econometric research, leads us to believe that the global recorded music industry will return to growth in due course driven by consumer demand for digital music products of all types. In this context, we anticipate declining physical sales and have structured our business accordingly. Given the current growth rate of digital music and our future expectations based on this analysis, we continue to believe that digital music sales could represent up to 25% of total global music sales by 2010.
I hope they drop the sob story we hear each time they want politicians to enact draconian and unjust laws come lobby time, their own figures show a gain once again this year over the previous years earnings.
