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 Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

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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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

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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.

Major Media Industry Players, Including Warner Music Group, Set Eyes On The Growing Middle East Marketplace

NEW YORK, June 07, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Eric Levin, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the Credit Suisse 24th Annual Communications Conference on Tuesday, June 14th, at 1:30 p.m. ET.

Warner Music Group Corp. to Participate in Credit Suisse Communications Conference

Shares of Warner Music Group have fallen in sympathy with the markets this year, down ~30% YTD. Fundamental performance, however, remains solid. The company is experiencing growth in streaming revenue while the return of concerts and festivals is boosting music sales.

Warner Music Group: Slow But Steady, Don't Forget About This Music Leader

NEW YORK, May 17, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Eric Levin, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on Monday, May 23rd, at 1:50 p.m. ET.

Warner Music Group Corp. to Participate in J.P. Morgan's Global Technology, Media and Communications Conference

Warner Music Group Corp (NASDAQ: WMG) reported second-quarter FY22 revenue growth of 10% year-on-year to $1.376 billion, missing the consensus of $1.38 billion. Recorded Music revenue grew 8% Y/Y to $1.15 billion.

Warner Music Q1 Growth Slows, EPS Dops Y-o-Y

Warner Music Group Corp. (NASDAQ:WMG ) Q2 2022 Earnings Conference Call May 10, 2022 8:30 AM ET Company Participants Kareem Chin - IR Steve Cooper - CEO Eric Levin - CFO Conference Call Participants Benjamin Black - Deutsche Bank Ben Swinburne - Morgan Stanley Kutgun Maral - RBC Capital Markets Andrew Uerkwitz - Jefferies Michael Morris - Guggenheim Matthew Thornton - Truist Jason Bazinet - Citi Operator Welcome to Warner Music Group's Second Quarter Earnings Call for the period ended March 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) CEO Steve Cooper on Q2 2022 Results - Earnings Call Transcript

Warner Music Group Corp. (WMG) delivered earnings and revenue surprises of -14.29% and 0.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

News for Warner Music Group Stock (WMG)