EMI Group is looking for a little help from the Fab Four.

The Beatles

The UK label giant today reported a loss in the first half of its current fiscal year, but said it expects to rebound with strong second-half releases, led by Love, the experimental mashup album of Beatles recordings produced by Sir George Martin and his son Giles, as well as albums from Robbie Williams, Norah Jones, and Keith Urban.

Citing a light release schedule and previously announced fraud in its Brazilian unit, EMI reported a net loss of £30.6 million ($58 million), a sharp downturn from the previous year's profit of £36.7 million. For the six months ended September 30, revenue fell 6.1 percent to £867.9 million from a restated figure of £924.6 million.

EMI first announced the fraud in late October, saying the accounting fraud forced it to take a one-off charge of £9 million.

"A second half disruption to operations is inevitable," Chairman Eric Nicoli said in a conference call today. "But Brazil is a small part of our business and the effects will be negligible."

The company said it still expects to meet its expectations for its full fiscal year, pointing to continued growth in digital sales. EMI said its digital revenue increased by 68 percent to £73.7 million.

"We believe that the fundamentals remain in place for the music market to return to growth driven by digital development.," Nicoli said. "In the short term, the industry release schedule will help to drive the market's trajectory."

EMI earlier this year said that it was abandoning merger talks with Warner Music Group, due to an unfavorable ruling from the European Court of First Instance on the 2004 merger between Sony Music and BMG.