EMI Performance for 2002

a) Describe briefly the core activities of the company and its operations for the past year, relating these to developments in the industry

EMI, abbreviated from Electric & Music Industries , began life around 1897 with the formation of The Gramophone Company & Columbia Phonograph, which would go on to merge in 1931, to form EMI.

EMI, which known as famous in music recording, also working with all kinds of retail, distribution, hardware and software companies to catch up consumers¡¦ needs in different types of music, which changes with technologies and preferences. The core business could be divided into two divisions: Recorded Music and Music Publishing. Currently there are five labels under EMI Group, which are:
1) EMI Records
2) Capitol Records
3) Virgin Records America
4) Caroline Records
5) EMI Chrysalis

Firstly we can take a glance on how music industry has performed for the period during first half year of 2003 from the data published by IFPI ...