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ANTE UP: I.B. BAD
ON VALUATION
Money changes everything. (7/18a)
AT THE HALF:
U.K. MARKETSHARE
Universal builds a lead. (7/18a)
THIS BRAND IS MY BRAND
Nashville's new endorsements (7/18a)
EU FINES GOOGLE $5B
Alphabet's in the soup. (7/18a)
YOUR TOP 20: NOBODY BEATS THE DRAKE
"Scorpion" still stinging. (7/18a)
WHO ARE THE RAINMAKERS?
We promise this special issue won't be dry.
THE A&R EXECS
That stands for Artists and Repertoire, in case you were wondering.
PIZZA AND MARKETSHARE
I'm winning this one.
THE BOILER ROOM
It's the new tape room.
Blighty Beat
WARNER U.K. REVENUES UP 37%
7/5/18

Revenues at Warner Music’s U.K. operation are out of the red after rising 37% last year when Ed Sheeran helped generate turnover of more than £197m, according to accounts filed at Companies House.

Profits rose by 281% to £18.8m for the year ending 9/29 while shareholders’ funds were up 244% to £11m.

The performance exceeds the increase in revenue for the last financial years at Universal and Sony’s British-based operations. UMG U.K. revenues rose by 8.8% to £344m for its financial year ending 12/31, while Sony’s revenues were up 14% to £226.1m for its year ending 3/31 2017.

In 2016, Warner U.K. made a loss of over £10k. Of that £197m, nearly 90% (£177m) was generated in the U.K.