Warner Music Reports a Profit From Legal Settlement
 

Warner Music home to artists including Madonna and James Blunt, reported a fourth- quarter profit on a gain from a legal settlement. Revenue fell as album sales declined.Â* New releases from groups including Danity Kane and Mana failed to match last year’s recordings from Blunt and Faith Hill.Â* CEO Edgar BronfmanÂ* boosted more profitable digital sales, [...]

More...