WARNER MUSIC GROUP CORP. fiscal second quarter 2023 total revenue increased 2% (5% in constant currency) year-over-year to $1.4 billion, with recorded music revenue flat at $1.1 million, music publishing revenue up 12% to $257 million, and digital revenue up 1% to $942 million. Net income fell 60% to $37 million (6 cents/basic and diluted share), while Adjusted net income rose 5% to $116 million. OIBDA dipped 19% to $207 million, and Adjusted OIBDA rose 4% to $286 million. The label s top .
Revenue and income rose year-over-year for WARNER MUSIC GROUP CORP. in fiscal fourth quarter 2022, with revenue up 9% (16% in constant currency) to $1.5 billion and net income rising from $30 million to $150 million. Adjusted OIBDA increased 22% (33% in constant currency) to $265 million.The Recorded Music division s revenue increased 6% to $1.2 billion, with digital revenue up 3% to $830 million. Streaming revenue was up 4.7% (or 10.4% in constant currency), adjusted for the impact of a new .
MADRID (dpa-AFX) - Telefonica (TDE.L, TEF) reported that its third quarter operating income before depreciation and amortisation (OIBDA) was 3.25 billion euros, down 13% from the prior year, as