EMI contributed €200 million to Universal Music Group’s overall revenues in Q1 2013 and is “over-performing”.

In an earnings call following the Q1 financial results of Universal parent Vivendi, chief financial officer and Management Board member Philippe Capron told investors: “The EMI business is on track. They’re actually over-performing a little bit, which has helped offset weaknesses we are witnessing in Japan.”

Vivendi deputy CFO and EVP Sandrine Dufour later confirmed that EMI’s Q1 2013 revenue contribution was slightly above ...