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# WMG Stock Falls
- URL: https://www.hypebot.com/wmg-stock-falls-2/
- Published: 2007-09-26T04:50:05.000Z
- Updated: 2007-09-26T04:50:05.000Z
- Description: Warner Music Group shares hit new lows yesterday closing at $9.74. A year ago the stock traded at $27. As the only publicly traded stand alone record label WMG is. Continue reading [https://www.hypebot.com/hypebot/2007/09/wmg-stock-falls-2.html]
- Author: Bruce Houghton
- Tags: Major Labels, #wp, #wp-post, #Import 2026-01-21 11:06

[![Wmg](https://hypebot.typepad.com/hypebot/images/2007/09/26/wmg.jpg "Wmg")](http://hypebot.typepad.com/.shared/image.html?/photos/uncategorized/2007/09/26/wmg.jpg&ref=hypebot.com)

  
Warner Music Group shares hit new lows yesterday [closing](http://finance.google.com/finance?q=wmg&ref=hypebot.com) at $9.74\. A year ago the stock traded at $27.

As the only publicly traded stand alone record label WMG is the most visible recipient of growing investor doubts about the recorded music industry. But despite [public pronouncements](http://hypebot.typepad.com/hypebot/2007/09/video-of-wmgs-b.html?ref=hypebot.com) to the contrary, the label group’s slow adoption of new revenue streams – WMG labels were left completely out of yesterday’s Amazon launch for example – is also causing concern.