Warner Music Group have released their latest quarterly financials and their positive, with revenues slightly up – $779m versus $778m in the same quarter the year before. Meanwhile, digital revenues rose 17% in the same period to $219m, accounting for 28.1% of the group’s overall sales. WMG’s net losses increased 44% to $26m though. WMG’s recorded music division saw revenues of $661m and digital revenues of $205m – 31% of the total – while the group’s publishing business generated revenues of $123m, with digital accounting for $15m of that. Read More

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