Starting at 38 minutes into the webcast, Mr. Bandier speaks of EMI's performance over this past year, and goes on to discuss the growth of legal music download services such as Apple's iTunes. On future performance, he notes:
"... but there is real potential for the future especially when PepsiCola makes a commitment to giveaway up to 100 million downloads and Mcdonald's commits to 1 billion in download giveaways as part of a promotional campaign."
While it is possible the comments may simply be reflective of the circulating rumors, it seems likely that EMI's CEO would be privy to such knowledge and that he would be unlikely to make comments at a financial conference based on unfounded rumors.
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