In its first report since acquiring the Parlaphone Label Group, Warner Music Group Corp. today announced its third-quarter financial results for the period ending June 30th. Despite a revenue increase of 16.9% on a constant-currency basis, net losses grew almost 300% to $184 million versus $62 million in the prior-year quarter. Digital revenue grew 26.1% representing 41.1% of total revenue. Highlights: Total revenue increased 16.9% on a constant-currency basis Recorded Music revenue increased 20.8% on a constant-currency basis Cash balance increased to $142 million versus $102 million for the prior-year quarter OIBDA was $66 million versus $69 million in the...

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