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Thursday, 10/18/2012 2:14:57 AM

Thursday, October 18, 2012 2:14:57 AM

Post# of 15276
Warner Music releases Quarterly Financials - loses money in Q3.

http://www.showbiz411.com/2012/10/17/warner-music-releases-donald-fagen-record-in-secret-also-reports-94-mil-loss

'Here’s the summary of their latest sad story: “For the nine-month period ended June 30, WMG posted a net loss of $94 million of revenues of $2.06 billion. With its revenue expectations for the fourth quarter, it should post annual sales of 2.78 billion to $2.8 billion this year, down from the $2.87 billion in its prior fiscal year.”'
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