Warner Music Group's CEO, Robert Kyncl, highlights the strong third-quarter results driven by the success of Ed Sheeran and Linkin Park releases. The company's net income increased slightly to $125 million, while adjusted operating income before depreciation and amortization (OIBDA) rose by 16 percent, or 18 percent in constant currency terms, reaching $297 million.
'Barbie' Finally Set for Release in Saudi Arabia, United Arab Emirates After Speculation Film Would Be Banned
In the music major’s recorded music unit, “the quarter included successful releases from Ed Sheeran, Linkin Park and Melanie Martinez,” WMG said.
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