Umair Haque / Bubblegeneration
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Design principles for 21st century companies, markets, and economies. Foreword by Gary Hamel. Coming January 4th. Pre-order at Amazon.


 
Tuesday, November 13, 2007

Lulz of the Day, EMI vs Terra Firma Edition


What is it, a comedy festival in the media world today? Exhibit 3:

"...Terra Firma plans on increasing cash flow at its recorded music unit from $43 million to $1.1 billion in 2012, and cost cutting alone won't do it. Neither will hoping that digital and mobile sales pick up significantly. What will? Terra Firma isn't spelling that out for its would-be investors."

Oh - ow - stop - the epic lulz are almost killing me.

That's cash, not revenues. It would be easier to bet on Terra Firma inventing a telekinetic quantum computer hyperspace drive than on pulling this off...

Oh, wait - it was just FUD meant to make the Street start to drool anyways...

-- umair // 6:35 PM // 0 comments


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