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Geoffrey Hunnisett

Digital downloads widen Warner’s loss

Digital downloads widen Warner’s loss

Warner Music Group’s (WMG) third-quarter loss widened this year, to US$17 million. Warner is one of several major players in the global music industry being hit hard by the seismic repercussions the internet has held for the music business. Indeed, virtually every industry that distributes their product through traditional media has seen market changes like […]