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Introduction

WMG has reported financial details for the second quarter (January to March) and first half (October to March) of its 2017 financial year ending September.

Highlights

  • Recorded-music and music publishing revenue in both periods registered strong growth with increased earnings from digital sources boosting the results of the two sectors.
  • Streaming was the standout revenue source with notably higher earnings from access services, driving year-on-year income growth.

Features and Benefits

  • Assesses the latest financial details published by Warner Music Group.
  • Details the part played by digital in boosting the company's earnings.

Key questions answered

  • What share of total revenue for WMG is accounted for by digital?
  • What share of digital income came from streaming in the second-quarter and half-year periods?

Table of contents

Ovum view

  • Summary
  • Positive midyear financial results for WMG
  • Recorded-music results
  • Music-publishing results

Appendix

  • Author

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