Emi Axes Artists, Jobs and Even ; Cds Company to Stop Making Own Discs After Internet Downloading Hits Profits

Summary


EMI is to stop making its own CDs with the loss of 1,500 jobs.

It will also axe one in five of its artists as part of a huge costcutting programme.

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Extract


Emi Axes Artists, Jobs and Even ; Cds Company to Stop Making Own Discs After Internet Downloading Hits Profits

The company behind Coldplay, Robbie Williams and Norah Jones has been hit by the illegal downloading of music on the internet ...

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