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EMI on the Skids, Loses Over $1 Billion - Posted October 27, 2008
EMI, the smallest of the four major record labels, posted an after-tax loss in the year to March of $1.2 billion, which is a major increase over the $456 million the company lost during the same period the year before, Wired reports.
This comes after EMI allowed a private equity group run... [ThinkMobile - SocialTimes.com]
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