Friday, 6 August 2010

Digital revenues accounted for 27% of Warner Music Group's total reveneus in the quarter to June 2010

"Total revenue of $652 million declined 16% from the prior-year quarter, and was down 15% on a constant-currency basis.
Digital revenue was $179 million, or 27% of total revenue, up 2% from $175 million in the prior-year quarter and down 10% sequentially from the second quarter of fiscal 2010. On a constant-currency basis, digital revenue was up 1% from the prior-year quarter and fell 9% sequentially."
Source:  Press release from Warner Music Group, for the Quarter to 30th June 2010, 5th August 2010

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