2014 music business flat as streaming offset CD sales drop

The U.S. retail music business was essentially flat in 2014 as growth in streaming revenue helped offset further decline in sales of CDs, a report from the Recording Industry Association of America said Wednesday.

Warner Music says 4Q revenue grew, losses shrank

(AP)—Warner Music Group Corp., the third largest recording company in the U.S., says quarterly revenue grew for the first time in five quarters in the three months through September as sales grew of both digital music and ...

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