EMI, reported a pre-tax loss of £349m for the year to the end of March. That said, the loss narrowed from £529m the previous year, and that’s including a £372m non-cash charge writing down the value of its recorded music and publishing divisions.
Revenues were actually up slightly to £1.47bn, including a 2% rise for EMI’s recorded music division to £1.03bn.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…