Warner Music Group reported flat revenue for the September quarter, as 15% growth in digital revenue was offset by weaker results from other parts of its business, particularly music publishing and recorded music artist services. But with streaming revenue growing, Warner Music’s profit margin improved and operating income nearly tripled to $88 million. The company, which is controlled by...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
The Briefing
markets
facebook
Meta Declares ‘Year of Efficiency’ as Revenue Stagnates

We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
Latest Briefs
TikTok Meets Republican Lawmaker to Discuss Data Security Plans
Coatue General Partner David Cahn Departs for Sequoia Capital
Tiger Global Reportedly Lowers Fundraising Target
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
The Briefing
markets
facebook
Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
Exclusive
entertainment
Netflix Tells Advertisers Sign-Ups to Ad Tier Doubled in January