Warner Music Group is awash in cash after a flowing third quarter — thanks largely to a complete liquidation of its Spotify shares. Life is good at Warner Music Group, thanks to the usual rainmaker: streaming music. According to financial details filed early this morning with the SEC, WMG has enjoyed a decent revenue bump and […]
The post Warner Music Cashes Out Its Entire Spotify Stake — Totaling $504 Million appeared first on Digital Music News.