TITLE

MUSIC BIZ'S SAD SONG Declining sales forecast may impact WMG deal

PUB. DATE
November 2003
SOURCE
Daily Variety;11/19/2003, Vol. 281 Issue 34, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Forecasts the decline in the value of global music sales through 2005, a development that should affect Time Warner's plans for Warner Music Group. Decline in total retail sales in 2003 according to a report by Informa Media; Significance of digital online music sales on the music industry; Informa study's prediction that online music sales will grow through 2008; News that Time Warner is seeking more than a billion dollars for the Warner Chappell publishing operations.
ACCESSION #
11518322

 

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