Thorn EMI

Article Abstract:

Thorn EMI is a UK music publisher which also operates retail outlets. The group's music publishing division, EMI, has seen a rise in both profit and sales for the six months to Sep 1995. The HMV chain has 314 retail outlets, and includes 95 bookshops using the Dillons logo. Losses rose for the retail outlets in the above period, but they tend to perform well at Christmas. A separation of the different divisions is possible, and EMI has been valued at 5 billion pounds sterling by Kleinwort Benson, with Thorn valued at 2 billion pounds, and HMV at 350 million pounds.

Book Stores, Musical instrument stores, Music Stores, Musical Instrument and Supplies Stores, Retail industry, Retail trade, Bookstores

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Thorn EMI

Article Abstract:

Thorn EMI is demerging its consumer electronics rental division from its music business in Aug 1996, providing that shareholders approve of the move. EMI Music reported a rise in profit of 24% at 365 million pounds sterling for 1995 to 1996. The company holds a stake of 15% in the world market for music. HMV reported a 40% profit rise with 19.6 million pounds reported for 195 to 1996 and is to form part of EMI. Thorns is involved in the rentals business and has seen rises in both profits and sales for 1995 to 1996.

Misc. Equipment Rental & Leasing, Equipment Leasing & Rental, Rental and Leasing Services, Lease and rental services industry, Lease and rental services, Equipment rental

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Good vibes at Sanctuary Music

Article Abstract:

Sanctuary Music is involved in JVs with managers from the music industry who have experience in identifying talented artists for record companies. Andy Tayloris the deputy chairman and he has experience with bands such as The Human League. The company owns Nomis Recording Studio which was set up in the 1980s. Sanctuary claims 20% of bands signed have been successful, but success cannot be guaranteed. The company is likely to achieve a profit above the minimum estimate of 250,000 pounds sterling for 1996.

Sanctuary Music

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