Eric Nicoli
Eric Nicoli
Eric Luciano Nicoli, CBEwas CEO of EMI Group plc between 12 January 2007 and August 2007, having previously been Executive Chairman of the group since July 1999...
confident digital due growth industry music remain return
We remain confident that digital music will return the industry to growth in due course.
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I'm not persuaded by the argument that a single price deters piracy, ... I'm not persuaded of the fact that a lower price deters piracy. What I am persuaded of is that making music more convenient and better value is a deterrent to piracy.
both delivering divisions good group growth music progress publishing recorded results successful
Today's results show that EMI Group had a successful first half, delivering significant growth in both revenues and profits, and that both our recorded music and music publishing divisions made good progress during the period,
acceptable cannot clear company cost current major merger music proceed pursued
Now that it is clear that, in the current regulatory environment, a merger with another major music company cannot be pursued at acceptable cost and risk, we will proceed as an independent, music-focused group.
achieved context market merger music pleasing potential quality spite strength weak worldwide
These pleasing results, achieved in the context of a weak worldwide music market and in spite of the potential distraction of our merger discussions, demonstrate the fundamental strength and quality of EMI's businesses.
finally happening raft seeing stuff
We're finally seeing a raft of new initiatives from really big players. This stuff is happening all day, every day now.
age country economy effects piracy planet sector virtually wider
We live in an age where virtually every sector in every country on the planet is contaminated by piracy and counterfeiting and this is having devastating effects on our businesses, the economy and wider society.
country piracy problem remains sector virtually
Piracy remains a real problem for virtually every sector in every country in the world.
factor forms major piracy
Piracy in all its forms has been the major factor in this reversal but not the only factor.
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We've moved on from the days when the main impact of digital technology was to harm our industry by facilitating rampant online and physical theft. The day is surely within our sights when digital growth outstrips physical decline and we can all compete for share of a growing pie.
containing progress seeing
We are seeing progress and we are at least containing piracy.
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I'm not persuaded by the argument that a single price deters piracy,
effective raising
This is not about raising prices. It's about getting the most effective charging structure.
additional concerns europe pursue solutions time
The withdrawal of our application allows additional time to reassess regulators' concerns and to pursue solutions simultaneously in Europe and the U.S,