EMI scraps about 20 per cent of CDs produced, at an annual cost of £25m

Financial Times has a crazy factoid in this article about revamping EMI:

The record business - in which 85 per cent of artists are lossmaking and EMI pays £25m a year to scrap unsold CDs - "is stuck with a model designed for a world that has changed and gone forever", he says.

Good to know that they're realizing that digital distribution is going reduce waste and expenses like this.