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EMI and IE Music have both dismissed widespread reports that the company has resigned Robbie Williams to a five album deal for a reported 20m [pounds sterling] to 40m [pounds sterling].
Reports of the deal pushed EMI shares up last Tuesday, from 357p to 365p. The speculation arose after EMI Recorded Music vice chairman David Munns said he was confident the company would retain Williams.
The singer's deal with EMI:Chrysalis ended after last year's Swing When You're Winning album and is the subject of negotiations between EMI and the ...