Streaming drives Warner Music’s biggest annual revenues in 8 years

According to SEC filings released today, WMG saw total revenue of $3.25bn in the 12 months to end of September – increasing 9.4%, or 13.1% at constant currency.That’s Warner’s highest revenue figure for eight years, and by far the largest since Blavatnik’s Access Industries acquired the company for $3bn in 2011.

Source: Streaming drives Warner Music’s biggest annual revenues in 8 years – Music Business Worldwide

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