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.

Warner Music Group posts strong Q4 results, eyes growth opportunities

Warner Music Group's Q4 2024 earnings call showcased robust financial performance, strategic initiatives, and creative successes, underpinning its position as a leading player in the music industry.
While facing challenges such as industry dynamics and technology infrastructure, WMG remains focused on subscriber growth, pricing optimization, and market share expansion to drive future growth and profitability.
With a clear roadmap for growth, a diversified revenue mix, and a commitment to operational excellence, WMG is poised to capitalize on opportunities in subscription streaming, global expansion, and market innovation.

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The value of the recordings that WMG has the rights to could be pretty high considering multiples we've been recently seeing in the music industry. Publishing catalogues are typically valued on the basis of a price on net publisher's share, which is license revenue net of artist royalty payments.

Warner Music Group Could Be Pretty Undervalued Considering Its Catalogue

Warner Music Group Corp. WMG said late Tuesday that it is initiating a succession plan for its chief financial officer. The current CFO, Eric Levin, has served as Warner Music's CFO since 2014.

Warner Music expects to appoint new financial chief by end of year

Celebration Launched At Grammy® House In Los Angeles Partnerships Announced With Dolby, LGND Music, New York Red Bulls, Peloton, And Vinyl Me, Please, With More To Be Introduced In Coming Weeks Watch The Trailer For Hip-Hop Fifty Now Keep Up To Date At Newly Launched HipHopFifty.com Listen To Official Hip-Hop Fifty Playlist Now LOS ANGELES , Feb. 15, 2023 /PRNewswire/ -- Warner Music Group (Nasdaq: WMG) is excited to announce the launch of Hip-Hop Fifty, a yearlong, global celebration of the groundbreaking genre that turned the world on its head during the last half century. The far-reaching Hip-Hop Fifty campaign will bring together the worlds of art, fashion, sports, and more to honor every facet of America's most popular musical genre.

WARNER MUSIC GROUP TO HONOR 50th ANNIVERSARY OF HIP-HOP WITH YEARLONG CELEBRATION

NEW YORK, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share on WMG's Class A Common Stock and Class B Common Stock. The dividend is payable on March 1, 2023, to stockholders of record as of the close of business on February 21, 2023.

Warner Music Group Corp. Announces Quarterly Cash Dividend

Warner Music Group Corp. (NASDAQ:WMG ) Q1 2023 Earnings Conference Call February 9, 2023 8:30 AM ET Company Participants Kareem Chin - Head of IR Robert Kyncl - CEO Eric Levin - CFO Conference Call Participants Benjamin Black - Deutsche Bank Sebastiano Petti - JPMorgan Benjamin Swinburne - Morgan Stanley Rich Greenfield - LightShed Partners Matthew Thornton - Truist Securities Michael Morris - Guggenheim Partners Kutgun Maral - RBC Capital Markets Stephen Laszczyk - Goldman Sachs Operator Welcome to Warner Music Group's First Quarter Earnings Call for the Period Ended December 31, 2022. At the request of Warner Music Group, today's call is being recorded for replay purposes and if you object, you may disconnect at any time.

Warner Music Group Corp. (WMG) Q1 2023 Earnings Call Transcript

Warner Music Group Corp. (WMG) delivered earnings and revenue surprises of -14.81% and 3.02%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Warner Music Group Corp. (WMG) Misses Q1 Earnings and Revenue Estimates

Warner Music Group Corp. WMG, -0.84% reported Thursday fiscal first-quarter earnings and revenue that fell from a year ago, as weakness in the music company's recorded music and digital businesses offset strength in music publishing. The stock slipped 0.4% in premarket trading.

Warner Music profit and revenue fall as recorded music and digital show weakness, and stock slips

Warner Music Group Corp. Reports Results For Fiscal First Quarter Ended December 31, 2022

Rhythm City to introduce users to artists and music through social roleplay, virtual concerts, and mini-music challenges NEW YORK , Jan. 30, 2023 /PRNewswire/ -- Warner Music Group (NASDAQ: WMG), the global music and entertainment company, announced the launch of Rhythm City, a first-of-its-kind music-themed social roleplay experience on Roblox. Developed in partnership with Gamefam, a leading gaming and content company across metaverse platforms, Rhythm City will introduce users to artists and music through social roleplay and provide them access to a collection of digital items sold exclusively on Roblox.

WARNER MUSIC GROUP ANNOUNCES THE LAUNCH OF RHYTHM CITY, ITS FIRST PERSISTENT MUSIC EXPERIENCE ON ROBLOX

2022 report reaffirms commitment to ESG, including through new targets onPeople, Workplace, and DEI agendas, and the announcement of a partnership for more sustainable records NEW YORK , Jan. 26, 2023 /PRNewswire/ -- Warner Music Group (Nasdaq: WMG) today released its 2022 Environmental, Social, Governance (ESG) report. Last year, WMG became the first major music company to release a standalone ESG report, beginning to translate long-standing grassroots commitments into a more formal approach.

WARNER MUSIC GROUP RELEASES 2022 ANNUAL ESG REPORT

NEW YORK , Jan. 23, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Warner Music Group Corp. (NASDAQ: WMG). If you are a shareholder of Warner Music Group Corp. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/warner-music-group-corp/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Warner Music Group Corp. for Potential Breaches of Fiduciary Duty By Its Board of Directors

Warner Acquires Recorded Music Rights to YES' Complete Atlantic Records Catalog Rock & Roll Hall of Famers Remain One of the Most Respected and Influential Bands of All Time, With More Than 30 Million Albums Sold Worldwide LOS ANGELES , Jan. 23, 2023 /PRNewswire/ -- Warner Music Group's (Nasdaq: WMG) Global Catalog Division has announced the acquisition of the recorded music rights and income streams from YES' Atlantic Records era catalog. More than 50 years after the British group's debut, YES remains one of the most successful, respected, and influential rock bands of all time, with more than 30 million albums sold worldwide.

WARNER MUSIC'S GLOBAL CATALOG DIVISION AND YES ANNOUNCE MILESTONE DEAL

NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, February 9, 2023, for the first quarter ended December 31, 2022, 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 Thursday, February 9, 2023

NEW YORK--( BUSINESS WIRE )--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, reminds investors of its continued investigation whether certain directors and officers of Warner Music Group Corp. (“Warner Music”) (NASDAQ: WMG) breached their fiduciary duties to Warner Music and its shareholders. If you are a Warner Music shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com .

INVESTIGATION ALERT REMINDER: Scott+Scott Attorneys at Law LLP Investigates Warner Music Group Corp.'s Directors and Officers for Breach of Fiduciary Duties – WMG

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Warner Music Group Corp. went public in June 2020, raising approximately $1.9 billion in a U.S. IPO. The firm is a major music publisher and artist promoter worldwide.

Warner Music Group Faces Slowing Advertising Revenue As Recession Fears Grow

Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?

Warner Music Group Corp. (WMG)'s Technical Outlook is Bright After Key Golden Cross

Warner Music Group Corp (NASDAQ:WMG) is 1.4% higher to trade at $34.12 this afternoon, following no less than two bull notes from analysts.

Analyst: WMG Stock Can Deliver "Sustainable Growth"

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Collaboration Will Enable Fans to Wear Digital Fashion Lines Designed by WMG's Roster of Artists NEW YORK , Dec. 15, 2022 /PRNewswire/ -- Warner Music Group (Nasdaq: WMG) today announced a partnership with and investment in DRESSX, a digital fashion retailer and the largest digital closet with a deep commitment to sustainable fashion. The first-of-its-kind partnership will provide a platform for select WMG artists to design their own virtual fashion lines.

WARNER MUSIC GROUP ANNOUNCES PARTNERSHIP WITH, AND INVESTMENT IN LEADING DIGITAL FASHION COMPANY, DRESSX

NEW YORK--( BUSINESS WIRE )--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Warner Music Group Corp. (“Warner Music”) (NASDAQ: WMG) breached their fiduciary duties to Warner Music and its shareholders. If you are a Warner Music shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982, or jpettigrew@scott-scott.com .

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Warner Music Group Corp.'s Directors and Officers for Breach of Fiduciary Duties – WMG

WMX Pop, WMX Rock, and WMX Hip-Hop are now available exclusively on The Roku Channel Content including music videos, concerts, and WMX original programming to be featured on the all-new FAST channels NEW YORK , Dec. 5, 2022 /PRNewswire/ -- WMX, the next-generation artist services, media & creative content division of Warner Music Group (NASDAQ: WMG), today announced that it has partnered with Roku to launch three FAST channels exclusively on The Roku Channel, Roku's free ad-supported streaming service that reaches an estimated 80 million people nationwide. The all-new channels, WMX Pop, WMX Rock, and WMX Hip-Hop, are now available to stream for free on The Roku Channel through the service's Live TV Guide.

WMX Inks Deal to Bring New FAST Channel Offering Exclusively to The Roku Channel

Debt-burdened companies were targets of the bears for much of 2022 as borrowing costs rose substantially. Warner Music Group has bucked its downtrend, though, and the stock looks like a decent GARP play.

Warner Music Group: Shares Have A Positive Beat Following Impressive Q4 Results

Warner Music's (WMG) fourth-quarter fiscal 2022 results benefit from robust growth across emerging streaming platforms.

Warner Music (WMG) Q4 Earnings Top Estimates, Revenues Up Y/Y

The company delivered strong growth on top and bottom lines.

News for Warner Music Group Stock (WMG)