Discontinued — last reported Q4 '16
A decrease relative to licensing revenue indicates improved margins and better cost control over royalty obligations, whereas an increase may signal higher payout requirements or unfavorable contract terms.
This metric captures the direct costs associated with generating licensing revenue, including royalty payments due to so...
Comparable to cost of revenue or royalty expense line items found in the financial statements of music labels and digital media rights management firms.
wmg_segment_license_cost_of_goods_and_services_sold