It operates in more than 50 countries. some(prenominal) renowned artists are associated with Warner Music Group. It is a third largest transcription company after SONYBMG and Universal. It is the first company to come up with digital transformational music. It earns its revenue by offering various run like touring, merchandising, sponsorships, endorsements, providing ringtones to mobile operators. [Source: www.wmg.com ] 2.The Pestel Analysis: The Pestle analysis on Warner Music group leads us to identify three main problems that WARNER MUSIC GROUP faces in face of 1) Piracy ,2)Recession,3)The variation Phase of the Music industry. The Profitability ratios of Warner Music Group set up a downward trend that can be attributed to the recession, Piracy. 2.1 Countries & adenylic acid; Revenues: The variance of the indicators of recession like inflation, interest rates, consumer confidence,... If you want to follow a full essay, order it on our website: Ordercustompaper.com
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