Friday, 19 December 2014

WMG streaming income grows

Warner Music Group's income from streaming grew by $215 million in the year up to 30 September - up from $86 million the previous year. Most of the increase - $200 million - came through the company's recorded music division. The smallest of the music majors saw annual revenues increase to just over $3 billion, 40% of which came from digital services. 

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