I think you miss the point slightly.
Of course EMI are poop.
The point is they have the power to influence, to essentially make people buy music by using repition based suggestion (radio play, adverts etc) and a lot of NLP techniques. These techniques are still working, people are still getting the music in droves. They just aren`t paying.
The most effective methods of selling music, and even THEY can`t make a profit.
Good riddance etc, but also, bloody hell!