Warner Music Group revenue topped $3 billion for the first time in five years, following a rise in streaming and various acquisitions.
For the year ending September 30, WMG’s revenue hit $3.02bn on a constant currency basis – a rise of 5.2%. The last time the company passed the $3bn mark was back in 2009.
Streaming revenue for the fiscal year rose $215 million. Recorded music streaming revenue rose $200m in total ($150m excluding the impact of the Parlophone Label ...
To access this article you need to be a subscriber. If you are a subscriber login below.
Login NowIf you have previously taken a trial you will need to subscribe to access this article.
Subscribe Now