EMI changes tune on digital music

Quoted from: http://business.timesonline.co.uk

'By Rhys Blakely
April 20, 2006

EMI, the London-listed record label, expects to report a 12 per cent hike in annual profits after sales of digital music doubled and artists including Coldplay, Robbie Williams and The Rolling Stones released successful albums last year.

In a trading update ahead of its annual results, the world's third largest record company said both its record label and publishing arm, which sells music rights to film and television makers, outperformed the global industry last year.

"This strong divisional performance reflects successful releases from a broad range of artists including international superstars Coldplay, Gorillaz, Robbie Williams and The Rolling Stones ... and breaking artists KT Tunstall, Dem Franchize Boyz and Corinne Bailey Rae," EMI said.

[...]'