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Music

  1. Warner Music slows while iTunes grows

    Research · 3 comments

    Revenue from digital sales of recorded music grew just 3.7 percent to $169 million. That's a slower pace than the 4.5 percent growth posted a year ago and 39 percent growth two years earlier.

    via Warner Music CEO looks `beyond iTunes' amid losses - Yahoo! Finance.

    For the record, iTunes did grow at 35% in the quarter that Warner Music grew digital sales by 39% two years ago.

    But the two diverged a year ago with 17% iTunes vs. WMG's 4.5% and this past quarter iTunes grew at 27% vs. 3.7%.

    Gives us an idea of how much Apps have swelled iTunes' top line.