Warner posts biggest revenues in over 14 years as Q3 streaming cash jumps 59%


If you want to know how well streaming is treating the big players of the recorded music business, just ask Len Blavatnik. Warner Music Group has just posted $917m in revenues for the three months ending June 30. Not only that: it was a whopping 41% up on the equivalent quarter in 2012 – Warner’s first full Q3 after Blavatnik’s Access Industries bought the firm for $3.3bn in 2011. read more at musicbusinessworldwide.com

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