Warner Music Group Corp. weathered a “tough quarter” in first financial quarter of 2023, as described by new CEO Robert Kyncl, who took the helm of the company on Jan. 1, the day after the quarter ended. In the period ended Dec. 31, 2022, total revenue decreased 8% or 3% in constant currency, with digital revenue decreasing 5% or 1% in constant currency. Net income was $124 million versus $188 million in the prior-year quarter.
