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May 10, 2008
Warner Music Losses Increase As Album Sales
The Wall Street Journal reports that Warner Music Group losses increased in the fiscal second quarter as the company continues to struggle with a drop-off in sales of compact discs as consumers shift toward digital music. The company remains "excited about the long-term prospects for our business", according to Chairman and Chief Executive Edgar Bronfman Jr.
From Warner Music Losses Increase As Album Sales
Posted by Doug at May 10, 2008 01:13 PM
