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# Warner Music Group Reports Continuing Losses
- URL: https://www.hypebot.com/warner-music-group-reports-continuing-losses/
- Published: 2009-11-24T03:35:00.000Z
- Updated: 2009-11-24T03:35:00.000Z
- Description: This morning Warner Music Group reported: Revenue of $861M for the fourth quarter of 2009 increased 1% from the prior-year quarter. Full-year 2009 revenue declined 9% to $3,176 million. Digital. Continue reading [https://www.hypebot.com/hypebot/2009/11/warner-music-group-reports-continuing-losses.ht
- Author: Bruce Houghton
- Tags: Uncategorized, #wp, #wp-post, #Import 2026-01-21 11:03

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This morning Warner Music Group reported:

- Revenue of **$861M** for the fourth quarter of 2009 **increased 1%** from the prior-year quarter. Full-year **2009 revenue declined 9%** to $3,176 million.
- **Digital revenue** was **$184 million** or 21% of revenue; up 5% from the previous quarter. Full-year 2009 digital revenue rose 10% to $703 million or 22% of total revenue.
- **Income** from continuing operations for the quarter **declined 18%** to $54 million. Fourth-quarter 2009 operating income included $14 million in severance charges. For the **full-year 2009**, **operating income** from continuing operations was $135 million, a **35% decline** from $207 million in fiscal year 2008.
- **Operating income** before depreciation and amortizatio**n (OIBDA) for the quarter fell 10%** to $120 million from $134 million in the prior-year quarter. Fourth-quarter 2009 OIBDA included the Severance Charges. OIBDA for fiscal year 2009 was $397 million, **down 16%** from $475 million in fiscal year 2008.
- For the quarter, **loss from continuing operations was ($0.12) per diluted share** compared to income from continuing operations of $0.04 per diluted share in the prior-year quarter. Fourth-quarter 2009 income included $0.09 per diluted share in Severance Charges. **For the fiscal year, loss from continuing operations was ($0.67) per diluted share** versus loss from continuing operations of ($0.24) in fiscal year 2008.