Warner Music Group reported stronger financials for the first fiscal quarter ending December 31, 2014. Total revenue grew 7% on a constant-currency basis. During this mornings earnings call, WMG executives reported that revenue from streaming music is now within $1 million per quarter of income from digital downloads. More stats: Digital revenue increased 14% on a constant-currency basis Recorded Music revenue was up 8% on a constant-currency basis OIBDA was $102 million versus $93 million in the prior-year quarter Net loss was $41 million versus $36 million in the prior-year quarter "Some strong new releases, as well as outstanding execution...

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