Warner Music Drop 74%
02/09/07
.
(BBC) Warner Music has reported a 74% fall in profits for the final three months of 2006, following weaker album sales than in the same period a year earlier. The music group's net profits fell to $18m (£9.2m) for the quarter, compared with $69m for the same period in 2005. While Warner's digital music sales jumped 45% to $100m, this still only accounted for 11% of total revenues. [see full story for more and look for the related link where they have rejected Steve Jobs call to end DRM] - Click here for the Full Story
Note: The preceding story contained only the highlights of the full story published by BBC, if it was followed by a message to see the full story. To read the entire story click on the link following the story.Additionally, if you wish to comment on this story, please use the Fan Speak area below. Click here to return to the full Day in Rock report for 02/09/07
tell a friend about this article know of a news item we should cover? antiMUSIC News featured on RockNews.info and Yahoo News
.
Rant or Rave? Your turn, post your comments and thoughts on this news item. But hey keep it clean, we wouldn't want to have to wash your mouth out with Old Spice.
register | forgot your password?
...end | 
