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Downloads are music to the ears at EMI

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Published Date: 24 May 2006
MUSIC giant EMI has boosted annual profit by 13 per cent after seeing revenues from its digital content more than double.
The group, whose stable of artists includes Coldplay, Gorillaz and Robbie Williams, said profits rose to £159.3 million in the year to March 31.

Music downloads grew most, with digital sales up to £112.1m from £46.9m a year earlier.

Overall sales rose by 3.9 per cent to £2.08 billion. EMI added that it was determined to continue its bid to take over rival Warner Music.



The full article contains 126 words and appears in Edinburgh Evening News newspaper.
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  • Last Updated: 24 May 2006 8:46 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
  • Related Topics: Online music industry
 
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