20
Apr
EMI wishes to clarify the nature of the false allegations made against EMI in connection with EMI’s suit against Avatar Records for non-payment of amounts due. Neither Avatar nor any other person has alleged that EMI has misstated its revenues from sales and in fact EMI has never misreported its sales in its accounts or elsewhere.
The allegations relate only to the behavior of certain independent marketing consultants in respect of the manipulation of the US chart position of a limited set of recordings, as determined by the Nielsen SoundScan. EMI categorically denies these allegations. www.mi2n.com0