Warner Music Group Down $37Million! Aug 7, 2009
Warner Music Group Down $37Million! Aug 7, 2009
Yesterday’s music industry trade news delivered to Clizbeats via Allaccess.com, reported that Warner Music Group sustained a recent noticeable loss in revenue. Reports indicate that this dip was due to the continued slump in traditionally recorded and distributed music sales. The industry’s third-largest music company reported its loss was $37 million, for business quarter number 3, which ended June30th. This blow to Warner’s budget is $28 million more then what was indicated in the same report a year earlier, with a loss of only $9 million.
Atlantic Records
1st and 15th Entertainment
143 Records
Bad Boy Records
Elektra Records
Fort Knocks Entertainment
Fuled By Ramen
Lava Records
Road Runner Records
Colonies Records
Grand Hustle Records
Warner Brothers Records
Blacksmith Records
Maverick Records
Nonesuch Records
Reprise Records
Ruff Nation
Roc Nation
Word Entertainment
Word Distribution
Word Records
Myrrh Records
Squint Entertainment
Word Music Publishing
Rhino Entertainment
Atco Records
Rhino Records
Rhino Home Video
Warner Custom Products
Warner Music Group Soundtracks
Warner Music Group Film, Television, & Commercial Licensing
Warner Strategic Marketing
Ryko Corporation
Rykodisc Records
Ryko Distribution
Cordless Recordings
Independent Label Group
Asylum Records
Eastwest Records
Adeline Records
Better Looking Records
The Bevonshire Label
Born and Bred Records
Broken English
Fearless Records
Floodgate Records
Liberty & Lament
Montallban Hotel
One Eleven Records
Perfect Game Recording Co.
Popsicle Records
Silent Majority Group
Talent Show
Tripple Crown Records
Volcom Records
We Put Out Records
Rhymesayers Entertainment
Elevin: A Music Company
WEA International, Inc. (and more)
