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Reve-News: Warner Music Group reported total revenue of $1.497 billion for the quarter ending Sept. 30 (fiscal fourth quarter), an increase of 9% from the previous year's $1.37b. Recorded music revenue was $1.244b, an increase of 6% from last year's $1.172b. Digital revenue was up 7% to $989 million. "Our strong fourth quarter and full year results were driven by our talented artists, songwriters, and teams, across a wide range of genres, geographies and generations," says CEO Steve Cooper. "Against the backdrop of a challenging macro environment, we once again proved music’s resilience, with new commercial opportunities emerging all the time." See the release here.

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