Warner Bucks Record Industry Trend – Music Sales Up

Major recording companies have been fighting sales declines. “But Warner Music’s sales of worldwide recorded music in its most recent quarter rose 15% from a year earlier to $678 million. In the first half of 2006, Warner Music was the only major music company to increase its U.S. market share. That’s a significant accomplishment for a company that, when it went public last year, the stock debut was criticized by at least one high-profile analyst as a dud.”