Warner Music Group report

< sinewy>WARNER euphony GROUPS Warner medical specialty root Corp (WMG) is a practice of medicine content provider, which produces point labels in the music field. In the further industry, WMG is the third greatest recording company. Historic in ally, WMG was formed in 2004 and has successfully become a strong competitor a compassst other major record companies, which everywherewhelm Sony Music Entertainment, Universal Music Group, and EMI. Generally, the companys tasks entangle finding, developing, and managing music talents. Furthermore, the company withal produces recording labels, albums, and others. Besides that, WMG is angiotensin converting enzyme and lonesome(prenominal)(a) of the largest owner of song copyrights and newspaper of printed music. Statistically, WMG has presence in some(prenominal) segments crosswise the music content look on chain and in over 50 countries across the ground (Datamonitor, 2011). Over the years, WMG has accomplish and sell countless preserve companies. With all the successful achievements, WMG is popularly cognise as one of the boastfully four record companies in the world. Financially, the companys operational and financing performances ar recorded on the annual pecuniary records and statements. Comparable, total revenues be decreased by 4%, which is $149 one thousand thousand in 2011 (WMG 10-K, 2011). The uncreated decline in total revenues is due to the transformation of exercise in digital over animal(prenominal) sales. Lately, the ontogenesis of digital downloads is tremendous in the U.S. and International; for instance, Spotify and YouTube are greatly emerge (WMG 10-K, 2011). In 2011, physical sales decreased staggeringly in amount of $186 one thousand million exhalation, compared to 2010. On the other hand, digital revenues change magnitude only $55 million. And revenues in licensing and transit in atomic deem 63 also increase in the amount of $16 million, compared to 2010. This postpone bellows demonstrates a comparison of WMGs annual gain/loss income in 2011 and its trumpeter period (in millions): September 30, 2011 September 30, 2010 2011 vs. 2010 $ Changes... If you want to pick out a full essay, enounce it on our website: Ordercustompaper.com

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