Tag Archives: Online Services

Warner Music Group Sees Another Rough Quarter, Having Trouble With Bad Investments

Posted by on May 11, 2009

Warner Music Group did not have the best of luck with investments in 2008, losing $33 million in ventures with streaming services imeem and lala. Business Insider largely attributes WMG’s $68 million net loss in the quarter ending March 31 to these deals. The company also took a major digital loss, taking $33 million charge […]

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