15-01-2007 @ 12:52
LONDON (Reuters) - EMI Group ousted its two top music executives and announced plans to cut costs, after poor Christmas sales prompted a profit warning which sent its shares down over 10 percent.
EMI, which had been pinning its hopes on new releases such as the Beatles' "Love" album and "Rudebox" by Robbie Williams, said on Friday january 12th that annual revenues at its music business were likely to fall between 6 percent and 10 percent on a constant- currency basis.
Global music sales have be...
lees verder...