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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One of the largest music publishers is pushing into the metaverse with a partnership with a leading digital land company. Here's the details and what it could mean in the future.

Warner Music Group Launches Music World In Metaverse With Sandbox: What Investors Should Know

Animoca Brands Corporation Ltd subsidiary The Sandbox has partnered with Warner Music Group (WMG) to create the first music-themed world in The Sandbox metaverse.  Envisioned as a combination of musical theme park and concert venue, the WMG's LAND in The Sandbox will present concerts and musical experiences featuring WMG's roster of artists.

Animoca Brands subsidiary The Sandbox partners with Warner Music Group to create music-themed metaverse world

NEW YORK, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, February 8, 2022, for the first quarter ended December 31, 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, February 8, 2022

Jefferies analyst Andrew Uerkwitz upgraded Warner Music Group (NASDAQ:WMG) to Buy from Hold with a price target of $50, up from $41. The price target implies an upside of 20.7%.

Jefferies Upgrades Warner Music To Buy; Bumps Up Price Target By 22%

Find out what's holding these industry leaders back.

2 Premarket Movers Bucking the Bull Trend on Tuesday Morning

Warner Music Group Corp (NASDAQ: WMG) priced 8.6 million shares by Access Industries, LLC affiliates at $41 per share in a secondary public offering. The offer price implies a 4.5% discount to Warner Music Group's January 3 closing price of $42.95.

Access Industries Offloads Stake In Warner Music Via Equity Offering At 4.5% Discount

NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group”) (Nasdaq: WMG) today announced the pricing of an underwritten secondary offering (the “offering”) of an aggregate of 8,562,500 shares of Warner Music Group's Class A common stock (“common stock”) by affiliates of Access Industries, LLC, at a price to the public of $41.00 per share. The offering is expected to close on January 6, 2022. Warner Music Group is not selling any shares of common stock in the offering and will not receive any of the proceeds.

Warner Music Group Announces Pricing of Secondary Offering by Affiliates of Access Industries

NEW YORK, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (the “Company”) (Nasdaq: WMG) today announced the sale of an aggregate of 8,562,500 shares of the Company's Class A common stock (the “Offering”) by affiliates of Access Industries, LLC (the “Selling Stockholders”) to Morgan Stanley & Co. LLC, as the sole underwriter in the registered public offering of those shares. The Selling Stockholders are selling all of the shares of Class A common stock in the Offering, and the Company will not receive any proceeds from the Offering.

Warner Music Group Announces Sale of 8,562,500 Shares of Common Stock by Affiliates of Access Industries

Kevin Liles appointed Chairman & CEO of a group of iconic independent label brands across 300 and Elektra

300, an Independent Entertainment Company, Co-Founded by Lyor Cohen, Kevin Liles, and Roger Gold, Sells to Warner Music Group

The stock price of Warner Music Group Corp (NASDAQ: WMG) fell by over 3% this week. This is why it happened.

Warner Music Group Stock (WMG): Why The Price Fell This Week

The shares of Warner Music Group Corp (NASDAQ: WMG) have received a $50 price target from Credit Suisse. These are the details.The shares of Warner Music Group Corp (NASDAQ: WMG) have received a $50 price target from Credit Suisse.

Warner Music Group (WMG) Stock: $50 Price Target From Credit Suisse

Warner Music Group went public in May 2020, raising $1.9 billion in an upsized IPO.

Warner Music Group Appears Fairly Valued

Sony

Major music stocks have been star performers over the past year. Expect the music to keep playing as industry leaders see continued growth.

Music Stocks Are a Buy as Song Publishers See Huge Growth

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that through its wholly owned subsidiary WMG Acquisition Corp. (the “Company”) it has commenced a private offering (the “Offering”) of $535 million aggregate principal amount of senior secured notes (the “Notes”).

WMG Acquisition Corp. Announces Launch of Senior Secured Notes Offering

Although Warner Music Group Corp (NASDAQ:WMG) is poised to continue benefiting from secular tailwinds in the music industry and its longer-term growth story remains intact, the stock seems “fairly valued” and there is downside risk in the near-to-intermediate term, according to BofA Securities. The Warner Music Group Analyst: Jessica Reif Ehrlich downgraded the rating for Warner Music Group from Buy to Underperform while reducing the price target from $53 to $42.

Why This Warner Music Group Analyst Is Turning Bearish

Warner Music Group Corp. (WMG) CEO Steve Cooper on Q4 2021 Results - Earnings Call Transcript

Warner Music Group (NASDAQ:WMG) reported its Q4 earnings results on Monday, November 15, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Recap: Warner Music Group Q4 Earnings

Warner Music Group Corp (NASDAQ: WMG) reported fourth-quarter FY21 revenue growth of 22% year-on-year to $1.38 billion, beating the consensus of $1.35 billion. Recorded Music revenue grew 22% Y/Y to $1.17 billion.

Why Are Warner Music Shares Trading Higher Monday Premarket?

Warner Music Group Corp. WMG, -0.51% on Monday said its fourth-quarter net income rose to $28 million, or 5 cents a share, from a loss of $1 million, or breakeven on a per-share basis, in the year-ago period. Revenue rose to $1.38 billion from $1.13 billion.

Warner Music Group swings to a profit from narrow loss

Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2021

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The number of companies reporting quarterly earnings this week has swelled to more than 1,000 as more companies confirm their plans.

Earnings Previews: Oatly, Tyson Foods, Warner Music

NEW YORK, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (Nasdaq: WMG) will release its financial results on Monday, November 15, 2021, for the fourth quarter and fiscal year ended September 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 Monday, November 15, 2021

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The S&P 500 stocks saw their aggregate trailing 12-month real revenue per share increase at a compound annual growth rate of approximately 3.12% over the past five years. The benchmark index for the U.S. stock market closed at 4,438.26 on Thursday, up approximately 106% over the past five years through Oct. 14.

3 Companies Growing Revenue Per Share Quickly

iHeartMedia

Mattel

NEW YORK & EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Warner Music Group's (NASDAQ: WMG) Arts Music division announced they are partnering with iHeartMedia (NASDAQ: IHRT) to launch Barbie Radio today exclusively on iHeartRadio, iHeartMedia's free all-in-one digital music, podcasting and live streaming radio service, and iHeartRadio Family, a stand-alone app featuring music, stories and radio stations perfect for kids. Barbie Radio, the first branded radio channel from M

Mattel and Warner Music Group's Arts Music Division Partner With iHeartMedia to Bring Barbie to the Airwaves

Max Lousada, CEO And Recorded Music at Warner Music Group (NASDAQ:WMG), made a large insider sell on September 29, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Lousada sold 510,165 shares of Warner Music Group at a price of $41.05.

News for Warner Music Group Stock (WMG)