Web triggers Wall Street retreat in music sector

Posted by in Business | 0 comments

Wall Street is taking record labels to task for lackluster Web sales, spiraling CD revenue and the defections of marquee acts, such as Madonna and Radiohead. Two analysts downgraded Warner Music Group last week, leading to a sharp drop in the company.

read more | digg story

Written by: Anthony Zeoli on November 10, 2007.
Last revised by: Anthony Zeoli on March 7, 2011.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Bad Behavior has blocked 1370 access attempts in the last 7 days.