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Warner Music Group Corp. Reports Results For The Fiscal Second Quarter Ended March 31, 2013

on May 14, 2013 - 12:00am

• Both physical and digital Recorded Music revenue grew in the quarter
• Digital revenue increased 20% from the prior-year quarter
• OIBDA grew 37% and OIBDA margin expanded by nearly four percentage points
• Free Cash Flow of $121 million for the quarter compared to $103 million for the prior-year quarter
• March 31, 2013 cash balance of $294 million

Warner Music Group Corp. today announced its fiscal second quarter financial results for the period ended March 31, 2013.

“We recorded an impressive quarter, thanks to great releases from our artists and excellent execution from our operators,” said

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Warner Music Group Corp. To Conduct Earnings Conference Call On Tuesday, May 14, 2013

on May 7, 2013 - 12:00am

Warner Music Group Corp. will release its financial results on Tuesday, May 14, 2013 for the second fiscal quarter ended March 31, 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 Friday, June 14, 2013 at 11:59 p.m. ET by dialing 800-873-2067 or 203-369-4008.  The call will also be available via webcast at www.wmg.com

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Get In Latin America, Leading Artist Services Company, Appoints Robbie Lear To General Manager

on April 30, 2013 - 12:00am

Get In Latin America, a leading artist services company, today announced the appointment of Robbie Lear to General Manager. In this position, Lear will work to generate pan-regional success in the live music business for the company’s entire roster of artists. Effective immediately, Lear will report to Iñigo Zabala, President of Warner Music Latin America.

“I am passionate about the live concert business—there’s nothing like an exhilarating live show—and it is a tremendous honor to continue doing what I love with the extremely talented Get In Latin America team,” said Lear.

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Warner Music Nashville Promotes Tree Paine To Senior Vice President, Publicity

on April 24, 2013 - 12:00am

Warner Music Nashville (WMN), the Nashville-based recorded music operation of Warner Music Group, today announced the promotion of Tree Paine to Senior Vice President, Publicity, WMN. In this position, Tree will oversee all publicity for Warner Music Group’s country and Christian divisions, which include Atlantic, Elektra, Warner Bros., LoudMouth, and Word Entertainment. Tree previously served as Vice President, Publicity, and will continue to report to John Esposito, President and CEO, WMN.
 
“What makes Tree such an incredible publicist is her broad understanding of the business, which

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Paramore Debuts At #1 On SoundScan/Billboard 200 With Critically Acclaimed Self-Titled New Album

on April 17, 2013 - 12:00am

Paramore Debuts At #1 On SoundScan/Billboard 200 With Critically Acclaimed Self-Titled New Album, While Also Topping Charts In Australia, New Zealand, Ireland, Mexico, Brazil, Argentina, And The United Kingdom

World Tour Gets Underway April 25th In Houston;


“Still Into You” Lighting Up Radio And TV;

TBS’ Conan Performance Set For April 30th

“PARAMORE,” the acclaimed new album from Fueled By Ramen recording group Paramore, has exploded to the top of the SoundScan/Billboard 200 after its first week in release.

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