Deconstructing Pop Culture: How Much Money Has the Warner Music Group Made Since 1968?

COLUMN: The answer is $5.1 billion pre-tax operating income on $83.6 billion of operating revenue, which is about how much people spend on French fries during one year in the U.S. I went through all of the Warner Communications, Time Warner and AOL Time Warner annual reports since 1968 and pulled the segment financial data for the Warner Music Group or its predecessor companies.