BigChampagne's Ultimate Chart (a/o February 10th):
1. “What Doesn't Kill You (Stronger),” Kelly Clarkson
2. “Set Fire to the Rain,” Adele
3. “Turn Me On,” David Guetta
4. “Rack City,” TYGA
5. “Good Feeling,” Flo Rida
6. “Smooth Criminal (Glee Cast Version),” Glee Cast
7. “Young, Wild & Free,” Snoop Dogg & Wiz Khalifa
8. “Domino ,” Jessie J
9. “Sexy and I Know It,” LMFAO
10. “Ass Back Home ,” Gym Class Heroes
Warner Music Group boosted digital sales during the most recent quarter, though broader losses continued. For the three-month period ending June 30th, digital revenues moved to $166 million, or 20 percent of total revenues, a 39 percent bump from the year-ago period. That is an encouraging increase, though the company suffered a drop of $9 million during the period, part of a continued slosh in the red.
Actually, the quarterly loss represents an improvement over a year-ago shortfall of $17 million, though the larger picture remains sour. For the nine-month period ending June 30th, total losses reached $62 million, a massive drop from a comparable, year-ago tally of $26 million.
During the quarter, overall revenues slid one percent to $848 million, measured on a constant-currency basis. Operating income from continuing operations moved upward 11 percent to $51 million.
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