Warner Music Group Corp. reported a 58 percent drop in fourth-quarter net income, due to poor international sales and an industry still reeling from lost CD sales and illegal music downloads.

For the quarter ended Sept. 30, the New York-based recording company, home to artists such as the Red Hot Chili Peppers and Green Day, reported a net income of $5 million, or 3 cents a share, versus $12 million, or eight cents a share, a year earlier.

Results included $9 million in restructuring charges and a benefit of $12 million related to a settlement with Bertelsmann AG regarding Napster. Year-earlier results included a $13 million benefit related to a settlement with Kazaa.

Revenue grew 1.8% to $869 million but fell 1.5% on a constant-currency basis, amid what the company called a shift “from physical sales to new forms of digital music.”

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