Warner Bros. Music Profits Slide 58%, Another RIAA Redacto?

Well we posted about EMI possibly withdrawing from the RIAA. Warner Bros. Music posts a 58% reduction in profit. Could it be in order to realign the balance sheet they too might cut their RIAA participation back? I would say there is a good chance. External cash flows are the first thing the MBA types look out for.

We’ll keep you posted. Linky.