4 ms·
Warner Music Group's Losses Shrink, Digital Continues to Drive Bottom Line
- 6stringmerc 10y ago>Digital recorded revenues grew 21.3 percent and made up 47 percent of overall revenue. While Warner doesn’t break out download and streaming numbers, Billboard estimates that streaming totaled roughly $230 million and downloads produced about $115 million during the quarter. Very interesting to see how the tides are turning regarding revenue.