Madonna is music to Warner
Madonna has become the first artist to have a simultaneous number one hit across Europe in every music format: single, album, download single and mobile phone ringtone.
The news, based on charts for Europe as a whole, points not only to the popularity of her single, Hung Up, and her album, Confessions On A Dance Floor, but also to the growing importance of new electronic media.
Warner Music, the US group behind Madonna, is placing more and more emphasis on so-called digital revenues from internet downloads and ringtones. Its most recent results show that digital revenues grew to $44m in the three months to the end of June, accounting for 6 per cent of revenues, and up by 26 per cent on the previous quarter.
From an article by Guy Dennis, Telegraph.co.uk