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.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
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.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
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
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Australia is still keen on telecom offerings: IPO boom likely to continue as investors look for earnings potential
- Abstracts: Bank of England trims rates to prevent econom,ic slowdown; Move may bolster support for Euro membership. Bank of England trims rates, hints at further cuts
- Abstracts: Overview: understanding values and expectations of foreign employees creates a better company. Symbolic vs functional recruitment: cultural influences on employee recruitment policy
- Abstracts: Schneider increases cash proposal in bid to acquire Legrand. GEC expects to unveil merger deal in early 1999
- Abstracts: British Biotech to look for deals in European biotechnology sector. TotalFinaElf says it will sell more Sanofi shares