Global music sales sank 1.3% last year on Internet's impact

Article Abstract:

Music sales around the world have declined 1.3% in the 2000 year. Global music sales dropped to $36.9 billion (41.69 billion euros) in the year due to the availability of free music on the Internet.

World, Integrated Record Production/Distribution, Records & Tapes, Digital Audio Discs, Statistical Data Included, Statistics, Sound recordings, Compact disc industry, Compact disk industry, Compact discs

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EMI wishes on trio of stars: releases from vocalists Jones, Love, Minogue may be a tough sell for London Company

Article Abstract:

The EMI Group PLC plans to release a trio of albums, promoting three jazz-pop chanteuse. However, the task of promoting the three women is going to be difficult, as each of them do not have a very good personal track record, nonetheless, the three releases are important for the company to keep abreast of competition without the benefit of a merged partner.

Marketing procedures, Product introduction, New Products/Services, Marketing, Company marketing practices, EMI Group PLC

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Marks & Spencer shares fall 10% after 23% profit slump, warning

Article Abstract:

Marks & Spencer PLC shares declined by 10% after it reported a 23% drop in pretax profit in the first half of 1998 and further warned investors of more problems in the last quarter that will end on Mar. 31, 1998. The company, which is the largest retailer in the UK, had pretax profit of 348 million pounds sterling in the first six months of 1998, compared to 452 million pounds sterling in the year-ago period. The decline was attributed to the strength of the sterling, the high expansion cost and the diminishing consumer confidence level in the UK.

Comment:

Shares decline by 10% after co reported 23% drop in pretax profit in 1st half of 1998 & further warned of more problems

Department Stores, Marks and Spencer PLC, Article

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