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Warner Music Group Corp. Reports Results for Fiscal Second Quarter Ended March 31, 2018

on May 7, 2018 - 7:00am
  • Total revenue grew 16.7% or was up 10.4% in constant currency
  • Digital revenue grew 24.6% or was up 19.7% in constant currency
  • Net loss was $1 million versus net income of $20 million in the prior-year quarter
  • OIBDA was $152 million versus $141 million in the prior-year quarter

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

“We’re having another excellent year with strong momentum around the world in both Recorded Music and Music Publishing,” said Steve Cooper, Warner Music Group’s CEO.


Warner Music Group Corp. to Conduct Earnings Conference Call on Monday, May 7, 2018

on May 2, 2018 - 3:24pm

Warner Music Group Corp. will release its financial results on Monday, May 7, 2018, for the second quarter ended March 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, June 7, 2018 at 11:59 p.m.


Alex Kamins Promoted to Vice President, Global Digital Business Development - Innovation & Emerging Technology, Warner Music Group

on May 2, 2018 - 10:50am

Appointment Solidifies Strategic Presence on the West Coast

Warner Music Group (WMG) today announced the promotion of Alex Kamins to Vice President, Global Digital Business Development – Innovation & Emerging Technology, effective immediately. Kamins will relocate from WMG’s New York headquarters to its Los Angeles office to lead West Coast-based partnerships and drive new digital media and business diversification opportunities.

Kamins will continue to bolster WMG’s strategic business efforts through partnerships, licensing deals, and investments focused on established and emerging digital


Jeff Sosnow Promoted to Executive Vice President, A&R for Warner Bros. Records & Reprise Records

on May 1, 2018 - 6:06pm

Warner Bros. Records has announced the promotion of Jeff Sosnow to Executive Vice President, A&R. In his expanded post, he will oversee the signing and developing of outstanding artists for both the Warner Bros. and Reprise labels.  Sosnow, who has served as Senior Vice President, A&R for Warner Bros. Records since 2012, has achieved an impressive track record at the label, working with artists such as Tegan and Sara, Deftones, Mastodon, Mac Miller, AJR, Death from Above, The Head And The Heart, Twin Shadow, Houndmouth and Rufus Du Sol.

“The bedrock of every great label is the strength of its


Carianne Marshall Named COO, Warner/Chappell Music

on April 11, 2018 - 12:08pm

Carianne Marshall will join Warner/Chappell Music as COO, it was announced today by Warner/Chappell Chairman & CEO Jon Platt. Marshall was most recently Partner, Head of Creative Services, and Head of Creative Licensing at SONGS, the prominent independent music publisher, where she worked closely with songwriters such as Lorde, The Weeknd, Diplo, and DJ Mustard, among many others. Beginning in June, Marshall will report to Platt and will be based at the company's Los Angeles headquarters.