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