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Warner Music Group Plans Move to New State-of-the-Art Building in L.A. Arts District - February 25 and March 18

on February 5, 2019 - 5:01pm

Warner Music Group (WMG) today announced its move to a new state-of-the-art building in Downtown L.A.’s Arts District.

 

Warner/Chappell, the company’s music publishing arm, will relocate on February 25. Warner Bros. Records will move on March 18, along with the west coast teams for Atlantic, Elektra, Rhino, WEA, and ADA. WMG’s L.A. headquarters will be located in a historic building at 777 S. Santa Fe Avenue in Downtown Los Angeles’ burgeoning Arts District.

 

For the first time, WMG’s west coast operations will live under one roof.

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Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2018

on February 5, 2019 - 1:00am
  • Total revenue grew 15.1% or was up 17.8% in constant currency
  • Digital revenue grew 17.6% or was up 19.9% in constant currency
  • Net income was $86 million versus $5 million in the prior-year quarter
  • OIBDA was $215 million versus $155 million in the prior-year quarter

Warner Music Group Corp. today announced its first-quarter financial results for the period ended December 31, 2018. 

“I’m pleased that we are off to a great start for fiscal ‘19,” said Steve Cooper, Warner Music Group’s CEO.

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Elsa Vivero Promoted to Executive Vice President of Global Digital Account Management at WEA

on January 31, 2019 - 3:49pm

Elsa Vivero has been promoted to Executive Vice President of Global Digital Account Management at WEA, the global artist and label services division of Warner Music Group. She reports to WEA President Tony Harlow and is based in New York.

 

In this role, Vivero and her team will continue to work closely with digital partners to enhance the global presence of WMG artists and labels—including via collaborative campaigns, editorial opportunities, and strategic planning.

 

“Elsa’s wide-ranging expertise, and the meaningful relationships she’s cultivated in her decades with WEA, will be key in

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Warner Music Group Corp. To Conduct Earnings Conference Call On Tuesday, February 5, 2019

on January 31, 2019 - 10:04am

Warner Music Group Corp. will release its financial results on Tuesday, February 5, 2019, for the first quarter ended December 31, 2018, 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 Thursday, March 7, 2019 at 11:59 p.m.

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Ben Vaughn Promoted to President & CEO of Warner/Chappell Nashville

on January 30, 2019 - 11:06am

Widely Respected Exec Celebrates 25 Years on Music Row

 

Warner/Chappell Music (WCM) today announced the promotion of Ben Vaughn to President & CEO of Warner/Chappell Nashville. Vaughn will continue to lead the division’s creative and commercial activities as the Nashville music community steadily rises in global prominence. Having joined the company in 2012, Vaughn has been President of Warner/Chappell Nashville since 2017. He will report to Warner/Chappell Music’s incoming Co-Chair & CEO and the company’s Co-Chair & COO, Carianne Marshall.

 

Last month, Warner/Chappell was named Billboard’s

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