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.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2022

In 2021, Warner Music launched WMX with hopes of expanding artists' brands beyond their music and connecting them with fans. A year later, WMX President Danielle Lee says the division has created a new facet of the music business, not to mention a new revenue stream.

WMX President Danielle Lee On Warner Music's Big Bet On Artist And Fan Experiences

Warner Music Group Corp. (WMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Warner Music Group Corp. (WMG) Reports Next Week: Wall Street Expects Earnings Growth

It's been a rocky Nasdaq debut for Warner Music Group, but the band of buyers may be getting back together to send growth to higher decibels in 2023.

The Market Is Suddenly All Ears on Warner Music Group

NEW YORK, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, November 22, 2022, for the fourth quarter and fiscal year ended September 30, 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 Tuesday, November 22, 2022

Warner Music Group Corp (NASDAQ:WMG) is extending last session's record lows, down 2% at $21.91 at last check, despite a brand-new bull note from Goldman Sachs after the close yesterday.

Warner Music Group Stock Hits Record Lows

When this executive left his longtime role with another media giant, Warner Music immediately looked like his perfect landing spot.

Is Warner Music Stock a Buy After New CEO Hire?

Warner Music Group on Wednesday named Robert Kyncl as its chief executive officer, handing the reins to the outgoing YouTube business head as the record label looks to diversify its revenue streams.

Warner Music names former YouTube, Netflix executive Robert Kyncl as CEO

Robert Kyncl will succeed Steve Cooper in early 2023. The appointment signals the growing importance of technology in the music industry.

Warner Music Taps YouTube Business Chief as Next CEO

Robert Kyncl, a 12-year veteran of YouTube's senior executive team, will become CEO of Warner Music Group on January 1. Kyncl, who is currently chief business officer at YouTube, will become Co-CEO of WMG along with current WMG CEO Steve Cooper for the month of January 2023.

YouTube Exec Robert Kyncl Named CEO Of Warner Music Group

Warner Music Group Corp on Wednesday named Robert Kyncl as its chief executive officer, handing the reins to the outgoing YouTube business head as the record label looks to diversify its revenue streams.

Warner Music names YouTube business head Kyncl as CEO

Entrepreneurial Leader and Creator Economy Pioneer Joining from YouTube

Robert Kyncl Named CEO of Warner Music Group Starting January 1, 2023

This stock is an easy way to ride the growth of streaming music this decade.

This Beaten-Down Stock Could Be Music to Investors' Ears

Warner Music Group declared a quarterly dividend of $0.16/share on August 12 which presents a 6.7% increase from previous quarter. Quarterly dividend payout has grown from $0.12/share in August 2020 to $0.16/share, a CAGR of 15%.

Warner Music Group: Stealth Dividend Growth Opportunity

Warner Music Group (WMG) recently announced its Q3 2022 results. These are the details.

Warner Music Group (WMG) Q3 2022 Results

Warner Music Group Corp. (NASDAQ:WMG ) Q3 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Kareem Chin - IR Steve Cooper - CEO Eric Levin - CFO Conference Call Participants Benjamin Black - Deutsche Bank Matthew Thornton - Truist Michael Morris - Guggenheim Kutgun Maral - RBC Ben Swinburne - Morgan Stanley Operator Welcome to Warner Music Group's Quarterly Earnings Call for the period ended June 30, 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) CEO Steve Cooper on Q3 2022 Results - Earnings Call Transcript

Warner Music Group reported "continued momentum" in music publishing but a "slowdown" in advertising.   The American entertainment and record label conglomerate posted 7% jump in revenue to US$1.43bn for the three months ended June 30, 2022, and reported EPS of US$0.24 for both the Class A and Class B shareholders.

Warner Music reports momentum in music but slowdown in ads

Warner Music Group Corp. (WMG) delivered earnings and revenue surprises of 33.33% and 1.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Warner Music Group Corp. (WMG) Q3 Earnings and Revenues Surpass Estimates

Shares of Warner Music Group Corp. WMG, +1.68% gained 0.1% in premarket trading Tuesday, after the music recorder and publisher disclosed fiscal third-quarter profit and revenue that beat expectations, as a "new wave" of releases in June helped offset a slowdown in the advertising market. Net income doubled to $124 million, or 24 cents a share, from $61 million, or 12 cents a share, in the year-ago period.

Warner Music Group tops profit and revenue expectations, stock gains

Warner Music Group Corp. Reports Results for Fiscal Third Quarter Ended June 30, 2022

CuriosityStream

iQIYI

Film and television production and distribution companies like Warner Music Group (WMG), iQIYI (IQ) and CuriosityStream (CURI) are benefiting from higher content consumption despite easing coronavirus-induced social restrictions.

3 Stocks to Watch in a Challenging Entertainment Industry

When Soundcloud launched its artist-friendly fan-powered royalty system last year, the model was only available for independent artists subscribed to the streamer's paid tiers. Now, Soundcloud has inked its first major label partnership with Warner Music Group, whose artists can now earn fan-powered royalties on the platform too.

Warner Music Group signs on to SoundCloud's artist-friendly payment model

NEW YORK, July 19, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, August 9, 2022, for the third quarter ended June 30, 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 Tuesday, August 9, 2022

Warner Music Group said Wednesday that it has begun planning for the succession of chief executive Stephen Cooper and expects to announce a new CEO by the end of 2023. Cooper, 75, who has held the post since 2011, will continue to serve as CEO and director until his replacement is appointed. WMG' board will...

Warner Music Group CEO Stephen Cooper To Step Down Next Year

Warner Music Group is among the major industry players looking to take advantage of new opportunities overseas.

News for Warner Music Group Stock (WMG)