CITY NEWS £120 million bonds woes for EMI – there IS a way to save this company

It's emerged that EMI, the music group has encountered some difficulties.

However, I'm confident they'll pull through.

There are worries over £120 million of bonds, on which there is serious risk of default, which is now worrying investors.

However, there is ligitation on the cards against Limewire.com, due to illegal copyright infringement.

Updates as soon as possible.

EMI, Time Warner, Sony, BMI, Universal are all losing money because a cd used to cost $12 and you got an hour of music, now you get 40 mins of music for $19. The value is gone and people are tired of getting ripped off so this is the stand of the people.

The entire entertainment industry should've been more proactive when the home cpu launched in the early 1980's they should've been focusing on capitalization and the inevitable marrying of the computer and music.

Metallica and the likes who went after Napster in 2002 showed their true colours by turining their backs on those who got them there. Metallica wouldn't've been anyone if it weren't for tape swoping. Hence how they got noticed by Megaforce in 1982.

Your post is very interesting, and I will give it a good look tommorow, as my session on the abovetopsecret website has come to an end for tonight, however it is LIMEWIRE.COM that is the rip off.

They ask "Do you wish to break copyright YES / NO ?" when you install the software. They serve up disgusting ultra turn off illegal porn without doing anything to filter it out (don't let's start talking about this here), when you simply search for "porn", and they make millions and millions of dollars of profits per month from their "Pro" users. Limewire will go under, you mark my words. There is no way that they can remain in business, in my opinion. They are going to be slammed with the biggest kinds of lawsuits and ligitation etc. that you could possibly imagine.

Quote:- EMI, Time Warner, Sony, BMI, Universal are all losing money because a cd used to cost $12 and you got an hour of music, now you get 40 mins of music for $19. The value is gone and people are tired of getting ripped off so this is the stand of the people.


If the figures are correct, then your point is very true. But surely this is not the mean average, I can't believe that, 40 minutes of music for $19. I would only ever pay that for something extremely specialized, and if that is the general trend of pricing then they would go under, but I don't think those are the new average figures, although I haven't ever been to America (and would really like to!)

Certainly, optimum pricing strategy is very important, and in a dwindling marketplace, often companies increase the price, which never works, unless there is much greater value or quality being put into the product.

My music division has CDs manufactured for a figure in pence each, plus VAT, that's CD albums, up to 80 minutes long, including glossy printed covers, and CD cases. I invest up to 100 hours in recording an album, around £500 - £700 of costs, and sell 80 minute CDs that people like for £7 each. Hoping to sell 100 next week and 100 the following week, to bring in nearly £1,500 in a couple of weeks, which will be good.

But limewire.com (perhaps frostwire.com / others) will need to be shut down, because they are ILLEGAL ORGANISATIONS, they are BREAKING THE LAW, and it is an unmaintainable situation that those who should be doing their job, have still not found the I.P. address / commands for "*DISCONNECT" / intelligence to send the writ, that we so urgently need to be sent.

[edit on 12-3-2010 by TheDailyPlanet]

This thread is well supported by the case against Limewire.com flouting copyright protector's rights. In many cases this is the copyright holders themselves. This is discussed in the thread "Limewire Copyright Conundrum".

I continue to buy CDs usually, offering a higher sound quality that clips etc offered on Youtube, at affordable rates. There are still millions of units per month being shifted, and I myself am releasing two new albums onto the market during the next 2 weeks.