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Robbie Williams: Chinese road surfacing

January 18th, 2008 · No Comments · Celebrity

EMI’s ongoing troubles - the company’s new city bosses plan to shed 2000 staff - have led to some fascinating insights into the record industry this week.
Only 15% of what EMI does actually makes a profit, the rest being lost to advances for artists and overestimating demand.
For example, the company has over one million unsold [...]

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