Warner Music Group Sees Revenue, Income Climb After Streamers Hike Prices
THR, Esq. 2023-11-16
Summary:
Warner Music Group, home to the likes of Ed Sheeran, Dua Lipa and Cardi B, saw fourth-quarter revenue and net income rise after music streaming services brought in long-anticipated subscription price hikes. The major music label saw total revenue for the three months upto Sept. 30 rise 6 percent to $1.58 billion, beating an analyst […]