Analyst Blasts Warner Music, Recorded Music Prospects
Influential analyst Richard Greenfield remained bearish on the record industry this week, and reiterated a sell rating on Warner Music Group. Greenfield, a founder of Pali Research, noted that US-based second-quarter totals are mostly aligned with first-quarter results, a development that reaffirms projections of a far broader decline in recorded music sales. That includes calls … Continue reading Analyst Blasts Warner Music, Recorded Music Prospects
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