From The Financial News...
AOL Time Warner 2nd Quarter results, by division, 2002.
• Music:
Helped by cost-cutting efforts, Warner Music Group's EBITDA jumped 17 percent to $102 million while revenue showed a 4 percent growth to $972 million. Warner Music Group is now the second-largest record company with a 17.1 percent market share, according to music industry tracker SoundScan, AOL Time Warner noted.
"Revenue showed a 4% growth". Hear that, Hilary!? Are You Listening?
- js.
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