A few years back, it seemed like Warner Music actually had a better handle on where the music industry was heading than its 3 major label rivals. In the last two years, however, it seems like WMG has consistently gone further and further in the opposite direction. It may have hit a new low today with the announcement that it will pull out of all free streaming music licensing offers. Yes, Warner M...
submitted by
TechDirtWireless on 10th Feb 2010 (via techdirt.com)
Warner Music revealed its financial results today - admitting more expensive tracks just didn’t sell as quickly. As we know, iTunes now lets labels charge more per track, if they so choose. The effect? Warner admits digital revenue growth in the last quarter of 8 percent compared to 20 percent in the previous year's corresponding quarter. “This is in line with an industry-wide slo...
submitted by
9to5Mac on 9th Feb 2010 (via 9to5mac.com)
It's beginning to appear that some of the major labels' strategy for dealing with the changing structure of the music business -- in which overall money is up, but has shifted away from the record labels' bank accounts -- is to simply bleed the old market dry. How else to explain that as Warner Music continued to shrink and fail to respond to market changes in any reasonable manner,...
submitted by
TechDirtWireless on 13th Jan 2010 (via techdirt.com)
Apple's purchase of Lala.com gives Warner Music $9 million back out of the $20 million it invested in the company.
submitted by
iClarified on 12th Jan 2010 (via iClarified.com)
With Tim Quirk's story about his fictional royalty statements from Warner Music, more people are beginning to talk about these kinds of things. Bob Lefsetz points to another report of a royalty statement of an unrecouped artist (and former major label exec), David Bach, who notes with some surprise that on his last royalty statement from Warner Music, the amount the band owed had gone up. In ...
submitted by
TechDirtWireless on 6th Dec 2009 (via techdirt.com)
Warner Music agreed to restore its videos to YouTube, ending a nine-month standoff. Article
submitted by
FierceMobileContent on 30th Sep 2009 (via fiercemobilecontent.com)
Vodafone recently joined hands with Warner Music to offer over-the-air access to the combined music catalogue of the four major music companies in DRM-free format. Vodafone and Warner Music jointly aim to present an array of mobile music products including value-added album bundles with additional multimedia content. Subscribers can now choose from a wide variety
submitted by
Mobiletor on 29th Sep 2009 (via mobiletor.com)