Major Labels

Despite Turmoil EMI Has Strong Week

image from www2.jpscotland.co.uk Despite a 90 day clock ticking that could see them fall into the hands of creditor CitiGroup, and hundreds pink slippled, EMI Music is having a strong run in the U.S. delivering three of the top five albums on this week's sales charts.  The company’s overall album image from www.babble.commarket share is 11.97% this week, and year to date overall album market share is 11.63%, up from 9.02% the year prior.
  • Ex Guns and Roses guitarist Slash's new solo album debuts at number three, with 60,321 units scanned, after signing to EMI's unique Label Services division.
  • Capitol Nashville-signed Lady Antebellum hold firm at number four after 10 weeks in the US top 5, with 56,973 units scanned and with over-the-counter sales in the US now over 1.7 million making ‘Need You Now’ the best-selling album of 2010 so far in America.
  • Now! 33 is at number 5, with 53,403 scanned this week.  Now! And Now That’s What I Call Music! are EMI-owned brandsand in the UK last week, Now! 75 was confirmed as delivering the highest week one sales of any album released in the UK this year to date.

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