The decline reflected the continued impact of industry wide piracy, particularly in the international Recorded Music Business where $111 million of this decline occurred[Warner Music Group Annual Report,2006]
for the twelve Recorded Music OIBDA increased by $114 million to $380 million months ended ended September 30, 2005, compared to million for the twelve Music September 30, Expressed as a percent of Recorded Music revenue Recorded 30, DA was 13 percent and 9 percent for the twelve-month periods ended September 2005 and 2004 respectively[Warner Music Group Annual Report, 2006]