Warner Music Group revenues up 2%, but net loss almost doubles in fiscal Q3
Warner Music Group’s net loss nearly doubled in its third fiscal quarter ended June 20, 2013 compared to the corresponding period in 2012, while revenues increased by around 2%.
WMG posted a net loss of $63 million in the quarter compared to $32 million last year, while revenues stood at $663 million compared to $651 million at the same point in 2012.
The net loss jump was attributed to an increase in tax expense by the company, partially offset by ...
Login to access this article
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowSubscribe
If you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now
