Warner Music Group have announced their numbers for the first quarter of 2010. Warner Music Group cut its loss to $25 million compared to $68 million a year ago. Recorded music sales were down 5.5%…
Not satisfied with signing up it’s music and video content to the most successful US video streaming website of 2009, Vevo, WMG has done a deal with internet TV streaming site Hulu for access to…
Warner Music Group just posted their Annual 10K with the SEC (click on the thumbnails to enlarge). Revenues are down, and the company has posted a -$77 million dollar loss for the year: double what…
In a report to shareholders this morning, Warner Music Group revealed that in the quarter ending June 30th, 2009, total revenue decreased 9.3% and operating income from continuing operations declined 51%. Total losses from continuing…
Even though there has been a big decline in CD sales, which is expect to continue, Warner Music Group managed to actually meet analysts’ expectations and remain strong. 2008 fiscal year revenue grew 3% to…