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WMG's Quarterly Loss Narrows
December 1, 2005 at 3:31 PM (PT)
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WARNER MUSIC GROUP (WMG) saw Q4 revenues rise to $905 million, narrowing its quarterly loss to $30 million, which is down from last year's $137 million during the same period. Digital music sales accounted for $53 million of the company's revenues, which is up 20% from Q3.
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