2012 ANNUAL REPORT CONTENTS 1 2 GROUP PROFILE – BUSINESSES – LITIGATION – RISK FACTORS 1. 2. 3. 4. GROUP PROFILE BUSINESSES LITIGATION RISK FACTORS 2 4 16 45 51 4 FINANCIAL REPORT – CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE CONSOLIDATED FINANCIAL STATEMENTS – STATUTORY AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS – STATUTORY FINANCIAL STATEMENTS SELECTED KEY CONSOLIDATED FINANCIAL DATA 168 170 171 SOCIETAL‚ SOCIAL AND ENVIRONMENTAL INFORMATION
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SWOT Analysis and Recommendation if Music Industry Strengths: *First major record label to create websites branded towards different music genres. First major record label to use downloading technology to promote sales of CD’s and cassettes. *Merged with AOL--AOL has the largest internet service provider in the industry. *BMG was the largest music club in the world‚ and arguably the leader of the five major labels. *BMG set up a series of websites dedicated to specific genres of music. These
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A music business: Universal’s gamble Summary When Universal Music Group bought a part of EMI’s Capitol Records‚ many asked themselves if this was a smart decision. A ’gamble’ of $1.9 billion. Many questioned if this merge would disadvantage smaller companies‚ because Universal owns‚ thanks to this merge‚ 40%-50% shares of most markets. Because of the long statement of objections by the European Commission‚ Eurocrats might force Universal to sell parts of EMI‚ such as Virgin Music and EMI Classics
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Rich Baker November 12‚ 2012 Music Industry V.S. Pirating Music Right now pirating music is one of the most controversial issues on the web because pirating music is illegal doesn’t mean it is causing total harm to the industry. Pirating music is not displayed properly to the public. Illegal downloading is an illegal action that can result in fines and jail time if caught but it also helps promote small bands that can’t get a deal with a record company. However it does harm profits made by
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Music Recording INTRODUCTION For centuries man had dreamed of capturing the sounds and music of his environment by means of music recordings. The road to successful music recording had not been smooth until the derivation of the music recording industry. Since the inception of the music recording industry‚ the way in which music is produced‚ distributed‚ sold and consumed have greatly changed so also has popular music changed over time. These changes resulted from new technology which was invented
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Music Industry Essay Introduction A i: I am going to be looking at the music publishing companies Universal Music Group‚ Inc. (UMG)‚ one of the biggest major labels in the music industry and Beggars Group Limited‚ (BGL)‚ a powerful UK independent label. UMG own and administrate VEVO and in recent news Google Inc. is reportedly looking at investing a 10% stake worth £42million. The deal has not yet been signed but it is said that it will include a renewal agreement that will see VEVO
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Music Business on Internet by Anastasia Yuanita Airlangga University‚ Surabaya Internet has been widely known as the most sophisticated thing that happens in the world. People have been using it for more than fifty years; internet has become useful to human civilization. It provides easier connectivity‚ plenty information‚ and effectiveness. Even people can run an online business with internet. One of the online businesses which is currently emerging is music business. It all began on
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Brayden Merrell Reaction Paper 1 Com 250‚ Spring 2013 Fallacy of Free Music When a new song comes out the first thing my peers and I normally do is check YouTube to hear the latest new track. The internet is the easiest way for people of any age group to listen to music. There are hundreds and thousands of popular music downloading services that can be found within seconds with a simple Google search. Most of these websites are funded by advertisements that consume the borders of the computer
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The Impact of Music Piracy According to the Recording Industry of America (RIAA) the record industry loses $4.3 billion dollars‚ worldwide‚ due to music piracy (RIAA‚ 2003). The American Federation of Artists claims that on-line music piracy has caused some record store sales to drop by 20% and that 20.6 billion illegal downloads occur every month (AFM‚ 2004). Many experts believe that music piracy is currently the number one threat to the music industry. RIAA sources claim 278 million people
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Music Business Journal Analysis The Music Business Journal is an online journal based in the United Kingdom. The two editors‚ JoJo Gould and Jonathan Little‚ are both lecturers‚ researchers‚ and writers in the music industry. When they saw that the music industry was underdeveloped in academic terms‚ the two founded the Music Business Journal to "facilitate the sharing of information and knowledge across a range of music industry activities." Consultants for the journal come from a wide array
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