Warner Music Divulges Dramatic Catalog Expenditure Levels During Q2 Earnings Call
Entertainment – Music
Warner Music Group disclosed a whopping $650 million in catalog expenditure since its joint venture with Bain Capital was established last year. Warner Music Group (WMG) just posted its Q2 financials, with $1.7 billion in revenue for the company, a 17% increase over last year. Recorded music revenue was also up 17% to $1.38 billion, […] Continue reading this story from the source →
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