EMI in need of regular cash injections
News: 19th August 2010 by Louise Dodgson under Record Labels
EMI have published their latest annual report, and despite showing some signs of improvement they are far from being out of the woods yet. In fact, the report outlines the fact that the major record company will require some severe cash injections from investors if it is to survive the large debts it currently holds.
As you can imagine, there has been a lot of press coverage about this...and we have a nice little selection of links to articles below for your perusal. The Billboard article in particular is a good read; picking out the key elements from the report and discussing in a simple bullet-pointed format. And if you have a lot of time to spare, you can even check out the full report by EMI for yourself. Just click the link at the bottom.
Related Links
http://www.billboard.biz/bbbiz/content_display/industry/e3i724a018466b894118c9f9a1c9dff0020
http://www.guardian.co.uk/business/2010/aug/18/emi-shareholder-investment-debt
http://www.ft.com/cms/s/0/9c57afb4-aa3a-11df-9367-00144feabdc0.html
http://www.emimusic.com/wp-content/uploads/2010/02/MCL_AR_09101.pdf
Tags
emi, major labels, record labels, record company, terra firma, guy hands, music business, music industry
