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Apple signs deal with Warner for streaming music: reports

SAN FRANCISCO (Reuters) - Apple Inc has signed an agreement with Warner Music Group for music licenses in a push to create a streaming music service to unveil at a conference of its developers next week, the New York Times and Wall Street Journal reported on Monday, citing anonymous sources.Full story

Warner Music posts first profit since 2008

Warner Music Group Corp. posted its first profit in more than four years on Tuesday, as the recording home of musicians such as The White Strips and Blake Shelton benefited from rising digital music sales. Full story

Music sales post small rise in 2012, first since '99

LONDON (Reuters) - The music business broke a 12-year losing streak in 2012, posting a small but symbolic 0.3 percent rise in trade revenues to $16.5 billion, figures from the International Federation of the Phonographic Industry (IFPI) showed on Tuesday. Full story

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The headquarters of Warner Music Group is pictured in Burbank
The headquarters of Warner Music Group is pictured in Burbank

The headquarters of Warner Music Group is pictured in Burbank, California August 5, 2008. REUTERS/Fred Prouser

Warner Music Group's 2013 Grammy Celebration - Arrivals
Warner Music Group's 2013 Grammy Celebration - Arrivals

HOLLYWOOD, CA - FEBRUARY 10: Recording artist Christina Perri attends Warner Music Group's 2013 Grammy Celebration at Chateau Marmont's Bar Marmont on February 10, 2013 in Hollywood, California. (Photo by Frederick M. Brown/Getty Images)