WMG posted a $17 million loss for Q4 2009 (fiscal Q1 2010), although total revenues rose 3% year-on-year to $918 million. Digital accounted for 20% of the company’s total revenues – $184 million – up 8% year-on-year, flat versus previous quarter. Recorded music digital revenues specifically were $172 million, up 10.3%. The company’s operating income grew 15% year-on-year to $47 million.
Tools: platforms to help you reach new audiences
Tools: Kaiber
In the year or so since its launch, AI startup Kaiber has been making waves,…