Thorn-EMI 1995 Annual Report

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"Music is more than the records we buv. iverywhere: on television, in movies, in commercials, on the radio, even in video games. It fills our world. Everywhere music goes, EMI Music Publishing is leading the way." Jim Fifuld - Pruident and CEO, EMI Music "We are in the song business. Great songs - whether they are current hits or classic pieces - are the stars ofour business.rMe concentrate on searching out, promoting and nurturing gified songwriters around the world, working with new emerging artists as well as finding a new home for old classics. The bottom line is finding songs that have the musical strength to keep their power across the years." Martin Bardier- Chairman and CEO, EMI Masic Pablisbixg "We are constantJy looking lbr that timeless song and songwriter who can cre.rte it. 'We work the clubs to find artists early in their careers, even before the record labels. We have the best in the R&B business with JimmyJam and Terry Lewis, who write and produce forJanetJackson and Boyz II Men among others, as well as the rising star ofpop-rock bands Hootie & the Blowfrsh." Eaan Lamberg -Vice Presid.ent, General Manager, Creatiae Operations, EMI Masic Pablisbing "The right music is more crucial to the success ofa movie from a marketing perspective than ever belbre. Producers and directors now use music to help target Grcep ,,til, tJ ii r\, i:( FireandRain t'r Ngw YAfk, The Woy We Werd (Q,2Ar1,c, LMng on the Edge W'$rw'trhefffie From
thc,rcore,rudielceorlttr,rctrl,rrger,ruclience.SoLrndtrrrlillbLrms,ri.lltorcrr, .rppc.rling to rccorcl bul'cls. s,ho !c. thtrl ,l! .r n.r1'ro .'nto1'l r.'ic1c t.tngc ol nr us ic ." Pat LLLds [)irutive Vie ]rnsilert/(]rn(ral Mn ag(r, EM I Mutic l\thlishitg. biln t+ Sountltrach Di sion ',\n increlsing nunbcr oich.irt su..esses hive been publishcr iLri'en p.r'olects Lr thcsc projccts, ri c br ing togethcr srvcr.rl clillcrcnt creitivr clerrrei)rs ro lcliic..c .r icrllctrvr froLlu(t. -,\ prol('ct sLr.lr rs Conrc To.gc rh cr.'.Am t'ricl S.rlutcs Tlrc tlr,rLles'. llrerc rrc nrltchccl our llcetlrs c.ttlloguc r,, ith rornc ot tocl.n s best rountrr..rnil Pop ,r fti\r\. rs .r pr inr r e-r.rmp1c ot I orr' $'c tird licsh $ l!s oi r it.rLisirg ourc\t.Dsr\ c L.rt.rlogua." Paul'lanntr Viu Pnsident o/ ()alaloguL Expbilalion, EMI Mrtic l\rblitlting l:,11 1,1 I tt t i, P r lt I i' it i I t :l t t t i.\ t, t l. I i t i: Ii rt rt ('t ht i t r,/.\'iii,rtaa. i,/rr,r' ''\\'e're in Lhc proccss oiusir3, OD RO\{.rrcl on line \rrvice\ to pronrot. E\{l io11!i\ \'i.r l viltLr,rl iuliebo-r'. \\ie .rrc.tLsoprcssiugintoLrn.liscortredtllrLiits -.uch .rs booli publislrinr r,hcrc tr .rri :rctivcl\,fronroring usc oi our ron3, lrric..1nr.lalitior,$'.,re.rctivelr nr,rrlirrin-q.rnd pr-oDrcllrr!. vith soil*.r'c dcvclopers lncl supplicrs to rir.L('.rs(- oLlr position in tbc *orlcl oicmcrgurg rcchnolosre!.' .loanne Boris Etttrtiat Vce Prcsident, ,llusic 9roius, E,lI I Mtsic I\tltlitLixg f t, lt
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accounts
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Operating profit
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ETHoRN EMt Annual General Meeting T
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It is the Remuneration Committee's
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(d) On exercise of options the Comp
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7. Ordinary Resolution THAT the Dir
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Chairman's statement The year was o
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Chairman's statement economy and to
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Financial review Simon Duffy Group
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Financial review Other exceptional
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EMI a repeat performance Country su
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strong releases Steven Crlftls Chap
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increasing Pace of THORN achieved
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Reshaping business NewZealand was e
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HMV customer-driven performance An
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lnvestih$ in tomorrow's world...
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A ta rg eted programme of community
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Prog ress towa rds env:ronmental im
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controlling key impacts CO, emifted
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Board of Directors Sir Colin Southg
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Directors'Report for the year ended
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Directors' Report The internal cont
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Auditors'report Report of the Audit
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Accounting policies Depreciation of
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Consolidated profit and loss accoun
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Group Fixed arsetr Music publis
Page 54 and 55: Statement of total recognised galns
Page 56 and 57: Notes to the accountr 2. Analysis o
Page 58 and 59: Notes to the accounts 8. Exceptlona
Page 60 and 61: Noter to the accounts I l.Tanglble
Page 62 and 63: Notes to the accounts 12, Flxed ass
Page 64 and 65: Notes to the account3 15. lnvestmen
Page 66 and 67: Noter to the accounts 16. Borrowing
Page 68 and 69: Notes to the accounts of changer i
Page 70 and 71: Notes to the a(counts 23.5hare capi
Page 72 and 73: NoteJ to the accounts 26. tinancial
Page 74 and 75: Notes to the accounts 29, Dispotal
Page 76 and 77: Notes to the a(counts 3O. Purchase
Page 78 and 79: Notes to the accounts 32. Directors
Page 84 and 85: Notes to the a
Page 86 and 87: Notes to the a(counts 32, Directors
Page 88 and 89: Five year summary for the years to
Page 90 and 91: lnvestor information Financial cale
Page 92 and 93: Tlte nz,er and bus;flut otnlaieu pa
Page 95 and 96: "The British music scene is enioyin
Page 97 and 98: From {\ "Alternative music is quick
Page 99: iii0 . ,'.' H'] .I . ar
Page 103: develop a unique catalogue of recor
Page 109 and 110: to ownership opportunity. The intro
Page 111 and 112: to idcntif,v and exploit synerg-r;
Page 113 and 114: Curtomer 5atisfa
Page 115: Street, HMV's UK 1-lagship store re
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Thorn-EMI 1995 Annual Report

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