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Warner Music Group fiscal year revenue exceeded $4 billion for the first time

Warner Music Group released its financial results for the fourth quarter and fiscal year ending September 30, 2018. Quarterly revenue increased 13.3% to $1.039 billion, with $596 million of that stemming from digital sources. For the full fiscal year, total revenue was $4.005 billion, up 12%, and total digital revenue for the year was $2.252 billion. Continue Reading