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Introduction

WMG has reported earnings details for the third quarter in its 2015 financial year. Total revenue was down year-on-year but the major music group also registered a big reduction in its net losses.

Highlights

  • WMG earnings from recorded music were affected by exchange rates and timing of release activity with all revenue streams down bar licensing.

Features and Benefits

  • Assesses the performance of the different income streams for WMG in the three months to end-June
  • Evaluates the performances of WMG's recorded music and music publishing sectors.

Key questions answered

  • What share of WMG's overall revenue total is generated by digital sales and service?
  • By how much is the rise in music streaming and subscriptions benefitting WMG's bottom line?

Table of contents

Ovum view

  • Summary
  • WMG reports stability returning to the music business
  • Recorded music results
  • Music publishing results

Appendix

  • Author

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