LISTEN UP: WARNER REPORTS Q4 LOSS

Warner Music Group reported a fourth-quarter net loss of $46 million, a wider deficit compared to a loss of $18 million during the year-ago quarter, and a 13 percent drop in revenue to $752 million. Recorded music revenue declined 13 percent to $619 million, while digital revenue grew 7 percent to $197 million. Music publishing revenue decreased 13 percent to $142 million, while digital publishing revenue grew 12.5 percent. (11/17)

via Grammy.com.


 

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