EMI Reports $2.4 Billion Loss

samOTG · 12:19 PM on 02/05/10 #2

Whoops. Not surprising though, very old school.

**thechetearly** · 12:20 PM on 02/05/10 #3

I'm not too sure how to feel about that...but I can't imagine that it would be a good thing...?

**Paul Tao** · 12:21 PM on 02/05/10 #4

I mean, who could possibly make money these days when the catalogs you own are tiny acts like Coldplay and The Beatles?

StefanMaxxx · 12:22 PM on 02/05/10 #5

Please happen asap.

**fran.182** · 12:25 PM on 02/05/10 #6

That's bad...

**skyphoenix** · 12:25 PM on 02/05/10 #7

Maybe they should sue 30 Seconds to Mars for 2.4 billion this time.

**zachff** · 12:28 PM on 02/05/10 #8

It's ok. According to Republican National Committee Chairman Michael Steele, "after taxes, a million dollars is not a lot of money."

**Yellowcard2006** · 12:29 PM on 02/05/10 #9

Holy crap.

**COREhorizon** · 12:31 PM on 02/05/10 #10

Fuck all that noise

In other news, life goes on.

**aerofan11** · 12:35 PM on 02/05/10 #11

It would be a huge shame if EMI do go bankrupt. But, I don't see that happening. Another company will probably save it, or at least buy all of the big artists on the label (and there's a lot of them).

**sevinw0rds** · 12:36 PM on 02/05/10 #12

Originally Posted by zachff

It's ok. According to Republican National Committee Chairman Michael Steele, "after taxes, a million dollars is not a lot of money."

Hmmm...good point.

**GeeBee** · 12:37 PM on 02/05/10 #13

Dinosaurs will slowly die
And I do believe no one will cry
I'm just fuckin glad I'm gonna be
There to watch the fall...

Colinreturn · 12:38 PM on 02/05/10 #14

wow. how do you do that.

**zachff** · 12:39 PM on 02/05/10 #15

Originally Posted by sevinw0rds

Hmmm...good point.

Yeah it's not really relevant but I just read that quote he made in an article and wanted to re use it.


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