Warner Music Group’s revenues fell 14% year-on-year to $789 million in the final quarter of 2010. Digital revenues rose just 1.6% to $187 million, but now make up 23.7% of the company’s total sales. WMG said that the digital growth came mainly from global increases in downloads and streaming, offset by sliding US mobile revenues. Meanwhile, digital revenues for WMG’s publishing business fell 26.7% to $11 million for the quarter, which the company put down to the timing of cash collections.Read more: http://tinyurl.com/6y5dh3r
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,…