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Warner Music Group and Live Nation: Two melodious investments?

 Aug 08, 2009 07:10 PM UTC
Return Risk
-37.29% MID
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AMZN n/a
WMG n/a
AAPL n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Earnings reports, Apple Inc (AAPL), Amazon.com (AMZN)

I thought I'd take a look at two companies that reported earnings earlier in the week that share a couple things in common. First, they deal with music. Second, their prospects have been defined, in part, by the surge of Apple's (NASDAQ: AAPL) iPod/iTunes zeitgeist.


Let's begin with Warner Music Group (NYSE: WMG). According to Reuters, Warner Music Group lost 25 cents per share from continuing businesses in Q3. Analysts wanted to see a loss of only 16 cents per share. In last year's Q3, the company lost 6 cents per share. Not a good trend. Warner Music Group's management unfortunately fails to impress.

Continue reading Warner Music Group and Live Nation: Two melodious investments?

Warner Music Group and Live Nation: Two melodious investments? originally appeared on BloggingStocks on Sat, 08 Aug 2009 14:10:00 EST. Please see our terms for use of feeds.

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