Warner's digital revenues up 16% in FY 2013
Warner Music Group saw its digital revenues increase by 16% year-on-year across its 2013 financial year ended September 30, 2013.
Digital revenue across the whole Group reached $1.1 billion in FY 2013 compared to $925 million in FY 2012.
In the company’s fiscal Q4, digital revenue was up 17% year-on-year moving from $241m to $283m.
Digital revenues for Warner’s recorded music across the year increased 15% from $865 million to $997 million. It was up 18% during the quarter, from ...
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