posted by davidt on Friday June 23 2006, @12:00PM
Sanctuary Sounds An Off-Key Note - Ananova

Excerpt:

Shares in Sanctuary, the world's biggest music company, dived after it issued another profits warning.

Sanctuary, whose artists include Morrissey and recent Eurovision Song Contest winner Lordi, nearly collapsed earlier this year, with its shares once tumbling to below a penny.

It has said that trade at its recorded music division will be below previous forecasts and it could make an annual loss of up to £22m.
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Update: 06/24 00:00 GMT: other links:

Sanctuary music business still struggling - The Guardian
Sanctuary warns of looming losses - BBC News
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