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Caitlin.House@wmg.com's blog

Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2017

on February 2, 2018 - 12:00am

·    Total revenue grew 14.0% or was up 10.1% in constant currency

·    Digital revenue grew 20.0% or was up 17.1% in constant currency

·    Net income was $5 million versus $24 million in the prior-year quarter

·    OIBDA was $155 million versus $157 million in the prior-year quarter

Warner Music Group Corp. today announced its first-quarter financial results for the period ended December 31, 2017. 

“2018 is off to a great start.

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Warner Music Group Corp. to Conduct Earnings Conference Call on Friday, February 2, 2018

on January 30, 2018 - 2:02pm

Warner Music Group Corp. will release its financial results on Friday, February 2, 2018, for the first quarter ended December 31, 2017, and will hold an earnings update conference call that morning at 8:30 a.m. ET.

To access the conference call, please dial (844) 868-0142 or (832) 777-5759. 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 Friday, March 2, 2018 at 11:59 p.m.

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Laura Swanson Named EVP, Media & Strategic Development for Warner Bros. Records

on January 19, 2018 - 1:21pm

Widely Respected Executive Joins Label’s Senior Management Team

Veteran music executive Laura Swanson has joined Warner Bros. Records (WBR) as Executive Vice President, Media & Strategic Development. This marks the first major appointment by WBR Co-Chairman & COO Tom Corson, who started at the label on January 2nd. Based at the label’s Burbank headquarters, Swanson begins at the company on January 22nd and will report to Corson. She will oversee media strategy for Warner Bros.’ genre-spanning roster of artists, as well as play a key role in a wide range of company and executive initiatives.

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Kenny Chesney Signs with Warner Bros; New Day for Blue Chair Records

on January 17, 2018 - 9:19am

Blue Chair Records/Warner Bros. Records Is Superstar’s New Label Home

Photo ID (L to R): Clint Higham (President, Morris Higham Management); John Esposito (Chairman & CEO, Warner Music Nashville); Kenny Chesney; Jess Rosen (Attorney, Greenberg Traurig)

Photo credit: Allister Ann

Warner Music Group and Warner Music Nashville are honored to welcome eight-time ACM winner and CMA Entertainer of the Year Kenny Chesney to the Warner Music family. As part of WMN, the songwriter/superstar’s music will be released on the Blue Chair Records/Warner Bros. Records label.

Since leaving East Tennessee with

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Pete Ganbarg Promoted to President of A&R for Atlantic Records

on January 16, 2018 - 12:04pm

Industry Veteran Assumes Newly Created Post

Pete Ganbarg has been promoted to the newly created position of President of A&R for Atlantic Records, based at the company’s New York headquarters. The announcement was made today by Atlantic Chairman & CEO Craig Kallman and Chairman & COO Julie Greenwald. In his new role, Ganbarg will continue to oversee A&R for Atlantic as well as its subsidiary labels, including Fueled By Ramen and Roadrunner. Ganbarg, who began his music industry career nearly 30 years ago, joined Atlantic in 2008 as Executive Vice President of A&R.

“Atlantic is above all an

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