Warner Music is struggling. Warner has announced their latest round of figures that see their revenues drop by 0.8 percent in the latest quarter and losses tripling to $79 million.

Im not sure Warner owner Len Blavatnik is even worried considering his net worth is valued at around $12.5 billion. However, the Warner long term debt has crept up to $2.225 billion following the purchase of Parlophone.

warner music group