Warner Music Group

Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the sale, marketing, distribution, and licensing of recorded music produced by the company's recording artists. The Music Publishing segment acts as a copyright owner and/or administrator of the musical compositions and generates revenues related to the exploitation of musical compositions. The company was founded on November 21, 2003 and is headquartered in New York, NY.

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Warner Music Group reports Q1 growth amidst challenges and opportunities

Despite industry challenges, Warner Music Group remains confident in its future growth prospects. The company's strategic focus on technology, data, and diversification in Music Publishing are key drivers of resilience and potential growth.

Warner Music Group reports Q2 growth, eyes tech and global markets

Warner Music Group showed solid revenue and OIBDA growth, with a focus on tech and talent partnerships.
Despite challenges in Recorded Music, the company is optimistic about upcoming releases.
Efforts to optimize cost structure and invest in tech capabilities are underway.
Exploring new revenue models and market expansions to drive future growth.

Warner Music Group reports strong Q3 performance and eyes growth

Warner Music Group's Q3 2023 performance showcased revenue growth, market share momentum, and strategic initiatives driving innovation and revenue optimization across Recorded Music and Music Publishing segments.
The company's strengths in artist successes, value creation efforts, and AI-driven initiatives position it well for future growth, while challenges in marketing spend sustainability and revenue management require ongoing strategic focus.
Opportunities in expanding revenue streams through partnerships, leveraging AI for music creation, and capitalizing on streaming growth trends present avenues for Warner Music Group to drive innovation, enhance fan engagement, and maximize revenue potential.

Warner Music Group reports strong Q4 performance and eyes industry growth opportunities

Warner Music Group's Q4 performance reflects steady growth in revenue and adjusted OIBDA, supported by successes in recorded music and music publishing segments.
The company's strengths lie in its industry presence, focus on innovation, and strategic partnerships, while challenges include optimizing pricing strategies and partnership renewals.
Opportunities for WMG include industry optimism, investment in growth areas, and strategic acquisitions to drive future value creation and market leadership.
Overall, Warner Music Group's performance and strategic initiatives position it well for continued growth and success in the evolving music industry landscape.

Warner Music Group reports robust Q1 growth and strategic cost-saving plan

Warner Music Group's Q1 2024 earnings call highlighted strong financial performance, strategic cost-saving measures, and a focus on sustainable growth. The company's emphasis on artist development, leadership strength, and tech capabilities bode well for future success despite facing challenges in the evolving music industry landscape.

Warner Music Group reports solid Q2 growth and eyes global expansion

Warner Music Group's Q2 performance reflects revenue growth across Recorded Music and Music Publishing, driven by streaming and new artist signings, showcasing a strong market presence.
Despite margin variability and industry challenges, WMG's strategic strengths in content creation, global expansion, and artist development position it well for long-term success and growth.
The company's focus on innovation, market diversification, and revenue optimization presents opportunities for sustained growth and competitive positioning in the evolving music industry landscape.

Warner Music Group reports Q3 revenue growth, faces ad revenue challenges

Warner Music Group delivered a mixed performance in Q3 2024, with revenue growth driven by music publishing while recorded music faced a slight decline. Strong cash flow and operational efficiency were notable strengths, but challenges in ad-supported revenue and organizational changes in the recorded music business are areas to monitor. The company's focus on artist development and the growth in music publishing revenue offer promising opportunities for future growth.

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Warner Music Group Corporation Among This Week's Top U.S.-Based Small And Mid-Cap Stocks

Warner Music Group Corp. (WMG) CEO Steve Cooper on Q3 2021 Results - Earnings Call Transcript

Warner Music Group Corp. (WMG) delivered earnings and revenue surprises of 14.29% and 10.50%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Warner Music Group Corp. (WMG) Tops Q3 Earnings and Revenue Estimates

Warner Music Group Corp (NASDAQ: WMG) reported third-quarter FY21 revenue growth of 33% year-on-year to $1.34 billion, beating the analyst consensus of $1.2 billion. Recorded Music revenue grew 34% Y/Y to $1.15 billion, reflecting the continuing growth in streaming.

Warner Music Beats On Q2 Revenue Aided By Robust Digital Revenue, Expands OIBDA Margin

Warner Music Group Corp. Reports Results for the Third Quarter Ended June 30, 2021

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MADRID, Spain and TORONTO, July 26, 2021 (GLOBE NEWSWIRE) -- OverActive Media Corp. ("OverActive") (TSXV:OAM), announced today that its Spanish esports group, MAD Lions, and Warner Music Spain, part of leading record label Warner Music Group (NASDAQ:WMG) featuring artists such as Kidd Keo, Ed Sheeran and Myke Towers, are teaming up to enhance the fan experience across music, esports and video games.

MAD Lions, Warner Music Spain Ink New Partnership Agreement

NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, August 3, 2021, for the third quarter ended June 30, 2021, and will hold an earnings conference call that morning at 8:30 a.m. ET.

Warner Music Group Corp. To Conduct Earnings Conference Call On Tuesday, August 3, 2021

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Warner Music Group is quietly growing its business, thanks to the underlying growth in streaming platforms and other nascent consumers of music, like TikTok. Digital music revenue growth accelerated in Warner's second quarter, to 21% y/y growth.

Warner Music Group: Streaming Growth Is Impressive

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NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Eric Levin, Chief Financial Officer, will participate in a question and answer session during the Credit Suisse 23rd Annual Communications Conference on Monday June 14, 2021 at 9:30 a.m. ET.

Warner Music Group Corp. to Participate in Credit Suisse's 23rd Annual Communications Conference

Warner Music Group Corp (WMG) CEO Steve Cooper on Q2 2021 Results - Earnings Call Transcript

Warner Music Group Corp (NASDAQ: WMG) reported second-quarter FY21 revenue growth of 17% year-on-year to $1.25 billion, beating the analyst consensus of $1.18 billion. Recorded Music revenue rose 17% Y/Y to $1.059 billion, and Music Publishing revenue rose 16% to $192 million.

Warner Music Group Shares Are Trading Lower Despite Q2 Earnings Beat

Shares of Warner Music Group Corp. advanced 0.9% in premarket trading Tuesday, after the music recorder and publisher reported a fiscal second-quarter profit and revenue that beat expectations, boosted by 23% growth in streaming revenue. The company swung to net income of $117 million, or 22 cents a share, from a loss of $74 million, or 15 cents a share, in the year-ago period.

Warner Music stock rises after profit and revenue beats, boosted by 23% growth in streaming

Warner Music Group Corp. Reports Results for the Second Quarter Ended March 31, 2021

Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG's Roster of Artists Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG's Roster of Artists

Warner Music Group Announces Groundbreaking Partnership With and Investment in Wave

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Warner Music Group and Genies Sign Partnership to Bring WMG's Roster of Artists to Life as Avatars

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NEW YORK, April 06, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, May 4, 2021, for the second quarter ended March 31, 2021, and will hold an earnings update conference call that morning at 8:30 a.m. ET.

Warner Music Group Corp. to Conduct Earnings Conference Call on Tuesday, May 4, 2021

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Tencent Music Entertainment Group (NYSE:TME) and Warner Music Group Corp (NASDAQ:WMG) have agreed to establish a new joint venture record label in China, the two companies said as they also announced an expanded multi-year strategic licensing agreement. TME, an online music entertainment platform in China, and Warner Music have been working together since their original agreement more than a decade ago.

Warner and Tencent to set up joint record label in China

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Warner Music Group / Blavatnik Family Foundation Social Justice Fund Disburses Grants to Organizations Working Toward the Advancement of Black Populations Around the Globe

News for Warner Music Group Stock (WMG)