Warner Music Group Reduces Loss to &#36;136M
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Warner Music Group reported a narrower loss Monday, crediting a restructuring effort that cut costs.
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Online retailer Amazon.com Inc has signed on Warner Music Group Corp to its music download service, the latest major record label to join the competitor to Apple Inc's industry-leading iTunes store.
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Qwest Communications International Inc. on Thursday reported a third-quarter loss, citing charges and lower revenue. The provider of voice, video and data services posted a quarterly loss of $569 million, or
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Amazon.com has added songs from Warner Music Group to the range it sells as MP3 files without DRM (digital rights management), the companies said Friday.
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Warner Music Group Corp on Friday  posted a fourth quarter profit helped by gains from litigation  against online music service Kazaa, but sales fell due to a  weak release schedule compared with a year ago.
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Warner Music Group sold &#36;700 million of notes on Friday, and the proceeds will go directly to the company's private-equity owners, market sources said.
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Time Warner Inc. agreed yesterday to pay $210 million to settle criminal securities fraud charges brought by the Justice Department against the company's America Online unit. The media giant also is prepared to pay $300 million to end another probe by the Securities and Exchange Commission.
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Warner Music Group Corp.  said on Tuesday it decided against bidding for British rival EMI Group Plc , two days before a deadline to submit an offer loomed.
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Time Warner Inc. (TWX.N: Quote, Profile, Research) , the world&#39;s largest media company, on Wednesday reported an 8 percent drop in third-quarter net profit as it set up a
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EMI Group PLC, one of the world's biggest music companies, reported a small loss for the first half of its fiscal year Friday but said it expected an improvement in the second half which will reflect the release of several new albums that are already selling well.
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U.S. Warner Music Group  has bid  2.5 billion pounds (&#36;4.6 billion) for Britain&#039;s EMI Group Plc   in an attempt to take control of the company that has  been pursuing it, the Financial Times said on Wednesday.
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Warner Music says it has not yet ruled out making another bid for the iconic UK music business EMI Group.
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Warner Music Group Corp  on Friday posted a fourth-quarter profit, but revenue sagged in line with broader weakness in the recorded music and music publishing businesses.
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MUMBAI: For the third quarter ended 30 September, the media and entertainment conglomerate Time Warner recorded a net income of $499 million.
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Company expands its offerings by providing DRM-free music from Warner Music Group.
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Shares in Warner Music Group Corp.  fell 8.6 percent on Wednesday after rival record company EMI Group Plc  issued a profit warning on slowing sales in the North American music market.
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Viacom Inc. VIAb.N on  Thursday posted a quarterly loss on charges related to the  spinoff of video rental chain Blockbuster Inc.BBI.N, but  cable network advertising sales and profits rose strongly.