Warner Music Group Financial – Digital Up 15% – But Still Huge Losses Overall
Warner Music Group just released their most recent financial figures and they are very interesting reading.
Overall revenues up 2% year-on-year to $731m, with digital up 15% to $241m as part of that – so 33% of the total.
Broader revenues edged downward, while losses topped $112 million, narrower than year-ago red of $205 million.