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Topic History of: According to the Mirror
Max. showing the last 5 posts - (Last post first)
Author Message
Walter Sobchak This is what the Media Guardian had to say. The key para concerns returns, down from 42% to 16% !


Hands, whose company Terra Firma bought EMI last year for
DJones These profits are only a very short-term effect. The picture will change soon, if the (direct and indirect) costs of the downsizing are included in the numbers.
dixie Not sure you're right in the reasoning.

The job-loss saving won't have kicked in yet, and though "Wadders" has gone, much of the profit/turnover increase will be down to what he and others had put in place BEFORE they left - including the signing of Coldplay, whose album assisted in providing the additional revenue/profit.
JK2006 EMI sales up 61% from last April -