Warner Music Group posted $1.34 billion in revenue for its fiscal third quarter ended June 30, the company announced on Tuesday, with a 32.7% year-over-year revenue boost and a 33% jump in streaming. And vinyl and other physical product sales were up to such a degree — 155%! — that it actually cut into digital’s percentage of recorded-music venues.
Source: Warner Music Posts Strong Quarter as Streaming and Vinyl Soar