Runaway Dinosaur

For the love of the music…..

Captain Obvious

Posted by T Rex on November 29, 2007

warner.jpg 

Imagine how some of the executives are sleeping these days.

Warner Music Group posted a 58% drop in quarterly profit due to falling CD sales. Digital music revenue was up 25 percent at $130 million during the quarter, but this could not make up for the short-fall in compact disc sales.

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