Warner Music Reports Revenue
Reve-News: Warner Music Group's revenue of $1.840 billion for the quarter ending Dec. 31 is up 10% from the previous year's $1.666b. Recorded music revenue was up 10% to $1.480b, while publishing revenue grew 12% to $362m. "We have an exciting slate of new music ahead and are leading the charge with AI to drive a step change in value creation for artists, songwriters, and shareholders, ensuring that WMG is well-positioned for long-term success,” says CEO Robert Kyncl. Full report here.
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