Warner Music Group (WMG) 2006年年度报告「NASDAQ」.pdf

1、2 0 0 6 A N N U A L R E P O R TListen to our story.DISTURBED THE DOORS DR.DRE THE EAGLES ENYA FAITH HILL LUPE FIASCO FLAMING LIPS PEOPLE I ONLY WANT TO BE WITH YOU WHEN A MAN LOVES A WOMAN I GOT A WOMAN SUMMERTIME HAPPY BIRTHDAY TO YOU NIGHT AND DAY THE LADY IS A TRAMP TOO MARVELOUS FOR WORDS DANCIN

2、G IN THE DARK WINTER WONDERLAND AINT SHE SWEET FROSTY THE SNOWMAN WHEN I FALL IN LOVE MISTY THE PARTYS OVER ON THE STREET WHERE YOU LIVE BLUEBERRY HILL MAKIN WHOOPEE DREAM A LITTLE DREAM OF ME IT HAD TO BE YOU YOU GO TO MY HEAD INDIA.ARIE AVENGED SEVENFOLD BURT BACHARACH BEE GEES BIG&RICH BJRK JAMES

3、 BLUNT BOYZ N DA HOOD MICHELLE BRANCH MICHAEL BUBL RYAN CABRERA ANDREAS CARLSSON TRACY CHAPMAN RAY CHARLES CHER ERIC CLAPTON PHIL COLLINS THE CORRS COWBOY TROY BRYAN-MICHAEL COX DANITY KANE THE DARKNESS CRAIG DAVID DEATH CAB FOR CUTIE DEFTONES DIDDY DIDODear ShareholderAt this point each year,its im

4、portant to pause and eval-uate our situation.At Warner Music Group,we measure ourselves for progress that will yield sustained share-holder value.Therefore,we compare our standing today not simply against last month or last quarter,but also examine where weve come over the course of the year.And we

5、continually challenge ourselves to build upon our success to date.This year,again,we like what we see.In a dynamic industry landscape such as ours,there are two types of companies:those who view change as a threat and those who view it as an opportunity.We see opportunity in the evolution of the mus

6、ic industry.We work every day to transform Warner Music Group into a music-based content company through new business models,especially by embracing the digital business.I would like to share with you some of our milestones this year,which are illustrative of how we intend to deliver value to you in