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)rlyi ng gro\ rth<br />
d by acquisitions<br />
businesses and the results for the year<br />
are evidence of the benefits of these<br />
investments. We opened a reg onal Latin<br />
American office in Miami and increased<br />
our investment n Latrn reperto re generally.<br />
As a result, we saw malor success from<br />
Ldti'l w'ler/a1'sts sJch a' Enriqre lg esias<br />
and the rock band Mana.<br />
As the number of radio and ry $ations<br />
around the wor d increases, so does their<br />
demand for music, drving growth in<br />
all aspects of our publishing business. ln<br />
particular, we beleve there are good groMh<br />
oppo'1u'rities'or syrchton sat on cers,ng,<br />
as expenditures on advertising and motion<br />
picrure and televisron productons cont nue<br />
to ncrease.<br />
!vw\l enrqLreq corn<br />
EMI Music Publshing intends to remaln at<br />
the foref'orl ol explor rg lhe oppo'tlr.rtres<br />
and responding to the cha lenges created<br />
by the nternet. ln addition to our strong<br />
financial performance, we are also proud<br />
lo have receved some of the nalor nt>rc<br />
puohsher awards a oJnd the world -<br />
inc udinq the prestiqious Publisher of the<br />
Year from both ASCAP and BMl. We<br />
believe that our roster of songwriters,<br />
rich catalogue and award-w nning team<br />
will ensure that we are well positioned<br />
for continued future qrowth.<br />
\'\ 'v\'\r.atlan1 c recordg com<br />
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Exploring new<br />
internet opporlu n ities<br />
,"\'.,v!v tlcfanma com<br />
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