loader from loading.io

News: Warner Music Group Get $9 Million from Apple’s Acquisition of Lala

Apple Investor

Release Date: 01/14/2010

Time Warner's Warner Music Group received "about" US$9 million out of Apple's acquisition of Lala, approximately 45% of the $20 million investment the music label made in the online service. The firm disclosed the information in Schedule 14A, an SEC filing for fiscal 2009 the company released on Monday.

Add to Twitter Add to Facebook Add to digg Email this Article