“The board is determined to steer the company, which has an extremely strong roster of artists and a strong 30-year track record, back to a profitable trading position and back to sustainable long term growth.”
“I am confident that we have a high quality business and, with a much-reduced cost base, I believe we are well placed to rapidly return to profitability going forward.”
“I am pleased with the rapid progress we have made in addressing the key issues and costs in our business and we will continue to restructure the group over the next few weeks and months,”
“It's hard to know what they were thinking. It's never too late for the chairman to make the right decision. But if the chairman insists on it, we'll go forward with that hearing. We fully expect to win. My hope is they put down their objections and move one.”
