Mobile Music Sales Down at WMG
Mobile music may be claiming a larger share of the overall digital music sector than ever before, but the trend seems to have bypassed Warner Music Group. Amid the results for its second fiscal quarter, which ended March 31, WMG reported that its revenue from mobile music products – ringtones, ringback tones and full-track downloads – fell 17.6% sequentially. According to a MocoNews post on the results, WMG’s mobile music revenue dropped from $56.4 million in Q1 to $46.5
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