Warner Music's losses over last decade = $10.345 billion. Where did the money go?

Here’s the most shocking of music charts from Digital Music News:

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  • Where did the money go? Itunes store? Pandora? YouTube? Your name it – you can hear free music everywhere online, mobile, tablet, etc. The whole industry is switching gear – if you are slow to adapt, you get out.

    Think about Nokia 5 years ago, the leader in mobile industry. They did not adapt smartphone quick enough, it is costing them big time.

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