Warner Music Group's Digital Revenues Increase 41 Percent

Revenues from online music stores, subscription services, ringtones, and webcasts netted Warner Music Group $141 million in the financial period ending December 31, 2007 -- up 41 percent from last year's figure of $100 million (talk about some easy math).

In an indication that the tipping point where labels' gains on digital revenues offset physical sales losses may already have been reached, the label's overall revenue was up 7 percent, $928 million to $989 million.

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