EMI profits surge, still seeks Warner Music deal
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EMI Group , the world&#039;s  third-largest music company, said on Tuesday its full-year  profits climbed sharply on the success of albums from Coldplay  and Gorillaz.
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LONDON -- Record companies' revenue from digital music sales rose 40 percent to $2.9 billion over the past year, but the growth is still failing to cover losses from collapse of international CD sales, the music industry's global trade body said Thursday.
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Warner Music Group&#39;s decision on  whether to counter bid for British rival EMI Group has become a  tortuously long one, as the No. 4 player grapples with exposing  itself further to recorded music amid a faster-than-expected  decline in the industry.
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'Too slow, too low' EMI's board today rejected an approach by Warner Music Group, saying the price was too low and the format of the bid too cumbersome.â¦
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Britain's EMI Group Plc  has rejected a 2.1-billion-pound ($4.1 billion) cash takeover proposal from Warner Music Group , saying on Friday it was not in the best interests of its shareholders.
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LONDON, November 19  âThe share price of the global music company, EMI (EMI.ETR), appreciated nearly 10% to 228.5p on the London Stock Exchange today, after the company guided to improved full year results, despite posting ay/y decline
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EMI has confirmed significant success with the company's move to sell DRM-free tracks through iTunes.
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Merlin waves magic wand Independent labels are in a public row over whether to back Warner Music's bid for ailing British major EMI. The merger would see the 'Big Four' consolidate into a Big Three.â¦
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LONDON -- Shares of record company EMI Group PLC, whose artists include David Bowie and the Beatles, rose more than 6 percent Tuesday after a report that the company is in talks with private equity firms about a possible takeover.
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The world&#39;s third largest music label, EMI, saw its revenues from digital music increase by more than 300 per cent in the six months to 30 September, the company said today.
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Warner Music Group said on Wednesday any  takeover offer for Britain's EMI Group Plc would probably all  be in cash, briefly boosting the London-based company's shares.
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EMI Group, the struggling British music company, has said that it has received a new takeover approach from US rival Warner Music.
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Warner Music Group said on Wednesday any takeover offer for Britain's EMI Group Plc would probably all be in cash, briefly boosting the London-based company's shares.
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The music group EMI today said the music industry was bouncing back from the effects of internet piracy, with lawsuits against file traders having had an &quot;educational and deterrent&quot; effect.
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EMI Group PLC, one of the world's biggest music companies, reported a small loss for the first half of its fiscal year Friday but said it expected an improvement in the second half which will reflect the release of several new albums that are already selling well.
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Britain's EMI said it had received a bid approach from U.S. rival Warner Music, the latest twist in a seven-year battle in which the two music groups have tried to buy each other.
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EMI, the world&#39;s third-largest music group, has reported a 7 percent drop in first-half profits but says the beleaguered industry is rebounding as digital music sales start to take off.