IRON MAIDEN's Record Label Issues Profits Warning

According to Reuters, Sanctuary, the world's biggest independent music company, said trading in its recorded product division will be below previous expectations and it saw a loss in the current financial year to end-September.

"The group is likely to deliver a full-year EBITDA (earnings before interest, tax, depreciation and amortization) loss in the region of 17 million pounds to 22 million pounds," the company said on Friday in a statement.

Sanctuary Records is scheduled to release the new IRON MAIDEN album, "A Matter of Life and Death", in early September.

Thanks to Blabbermouth for the heads up.

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