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TOPIC: According to the Mirror
#32481
According to the Mirror 17 Years ago  
EMI sales up 61% from last April -
 
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#32492
dixie

Re:According to the Mirror 17 Years ago  
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.
 
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#32508
Re:According to the Mirror 17 Years ago  
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.
 
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#32509
Walter Sobchak

Re:According to the Mirror 17 Years ago  
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
 
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