EMI’s Overall Revenues Rise 61% in the First Quarter

Heartening news for the recorded music imprint, earning $119 million one year after losing $89.6 million. Still, its ownership, an investment bank, said don’t get too excited. “It can be misleading to look at just one quarter in isolation due to the timings of releases. As we all know, the recorded music business is extremely volatile and we cannot count on future quarters always being this good.”

So Why Aren’t People Outraged by The Capitol Steps?

“Although every critic of The New Yorker understood the simple satire of the cover, the most fretful of them worried that the illustration would be misread by the ignorant masses who don’t subscribe to the magazine.” Says one blogger, “That’s the problem with satire. A lot of people won’t get the joke…there’s no caption on the cover to ensure that everyone” will understand the punch line.