EMI, the business behind Norah Jones and Coldplay, failed to convince the market that the music industry was on the mend yesterday, in spite of signs of improvement in America.

Shares in the group fell 12% to 217p, making the world’s third largest music business the worst performing share in the FTSE 250. [more @ www.guardian.co.uk]

Posted Tuesday, May 25th, 2004 at 8:36 pm
Filed Under Category: Label News
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