WMG boss: streaming isn’t the only reason for industry growth
Posted on: 7 août 2019, by : Stuart Dredge

Warner Music Group published its latest quarterly financials yesterday, with its revenues up 10.4% year-on-year to $1.06bn, including 12.5% growth in its digital revenue to $648m – 61.2% of the total. Within that, WMG’s recorded-music revenue grew by 13.8% to $913m, but its publishing revenue actually fell by 7.5% to $147m – “lower market share and loss […]
The post WMG boss: streaming isn’t the only reason for industry growth appeared first on Music Ally.
Source: Music ally

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