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Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2013

on December 12, 2013 - 12:00am
  • Quarterly revenue grew 7% on a constant-currency basis including the Parlophone Label Group acquisition
  • Digital Recorded Music revenue growth more than offset physical revenue decline for the fiscal year
  • Adjusted OIBDA and Adjusted OIBDA margin grew for the fiscal year

Warner Music Group Corp. today announced its fourth-quarter and full-year financial results for the period ended September 30, 2013.
 
“This was a year of significant accomplishment at Warner Music Group,” said Stephen Cooper, Warner Music Group’s CEO.
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Jon Platt Named President, North America, Warner/Chappell Music

on December 10, 2013 - 12:00am

Influential Publishing Executive Takes On Expanded Role
 
 
Jon Platt has been promoted to President, North America, Warner/Chappell Music (WCM), it was announced today by WCM Chairman and CEO Cameron Strang. Reporting to Strang, Platt will take on a newly expanded leadership role, overseeing teams across WCM’s offices in New York, Nashville, Miami, Toronto and the company’s headquarters in Los Angeles. Platt most recently served as Warner/Chappell’s President, Creative – North America.
 
"Jon is a once-in-a-generation executive, and a terrific leader, with a deep understanding of the artistic

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Warner Music Group Corp. To Conduct Earnings Conference Call On Thursday, December 12, 2013

on December 6, 2013 - 12:00am

Warner Music Group Corp. will release its financial results on Thursday, December 12, 2013 for the fourth quarter and fiscal year ended September 30, 2013 and will hold an earnings update conference call that morning at 8:30 a.m. ET.

To access the conference call, please dial 888-790-6706 or 517-623-4984. The passcode for the call is “Warner Music.”  We suggest you call in 10 minutes prior to the start time.  You will be able to replay the conference call up until Sunday, January 12, 2014 at 11:59 p.m.

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Warner Music Group Launches Warner Music South Africa

on December 5, 2013 - 12:04pm

Warner Music Group Corp. (WMG) today announced the launch of Warner Music South Africa, following a buyout of Gallo Records’ share of the joint venture Warner Music Gallo Africa.

The new affiliate will oversee the release of international repertoire within South Africa and other territories across the African continent. Tracy Fraser will continue as Managing Director, Warner Music South Africa, reporting into Eliah Seton, SVP International Strategy & Operations.

Stu Bergen, President, International, Warner Recorded Music, commented, “We are very excited about the growth potential of the

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Robert Kraft Named Consultant, Soundtracks, Warner Bros. Records

on December 4, 2013 - 12:00am

Acclaimed Executive, Composer and Producer to Bring Together Film and Music in Innovative Ways
 
Warner Bros. Records (WBR) today announced the appointment of Robert Kraft as Consultant, Soundtracks, Warner Bros. Records. Kraft will serve artists throughout the label’s roster in identifying, developing and executing soundtrack opportunities across film, TV, video games and the internet.

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