Recorded music problems hit EMI's profits
Music giant EMI announced sharply lower profits today after a painful year at the recorded music division, which produces recordings by stars such as Kylie Minogue and Robbie Williams.
The entire group’s full-year profits before tax and exceptional items in the 12 months to March 31 slumped to £153.3m (€243m) from £259.5m (€411.3m) a year earlier.





