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Downloads are music to the ears at EMI
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.
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Monday 28 May 2012
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