Warner Music To Go Public

“As the music industry confronts declining sales, the Warner Music Group said yesterday that it had filed to sell up to $750 million of stock in an initial public offering. The company, which is the smallest of the world’s four major record conglomerates by market share, said it expected to sell its stock on either the New York Stock Exchange or the Nasdaq. It did not detail the number of shares it planned to offer or their expected price range.”