Warner Music Group posted a modest 10% revenue boost in Q1 ’22 due in part to a slowdown in digital, which saw its share decline from Q1 ’21. WMG’s digital income grew by just eight percent on the quarter, to $931 million, and accounted for 67.7 percent of total revenue – down from 68.8 percent in Q1 2021.
Source: Warner Music Group Posts 10% Income Jump, Digital-Share Dip In Q1 ’22