Warner Music Group Corp.

Income statement revenue $1.86B (+10.4% YoY).Operating income $305M (+80.5% YoY).Pre-tax result $267M.Net result $200M.

• Music Publishing: $377M (+12.2% YoY)
• Recorded Music: $1.49B (+9.9% YoY)
• Selling, general and administrative expenses: $464M (-1.5% YoY)
• Restructuring and impairments: $7M (-89.9% YoY)
• Amortization expense: $78M (+16.4% YoY)
• Other expense: $38M (-78.9% YoY)
• Income tax expense: $67M (+1240.0% YoY)
• Intersegment eliminations: −$1M