Piracy in all its forms has been the major factor in this reversal but not the only factor.

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.

This is not about raising prices. It's about getting the most effective charging structure.

Piracy remains a real problem for virtually every sector in every country in the world.

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,

We're finally seeing a raft of new initiatives from really big players. This stuff is happening all day, every day now.