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Warner Chappell Music today announced the signing of an exclusive subpublishing agreement with Round Hill Music. The deal covers the world, excluding the U.S., Canada, the British Isles, and the Nordics. Under terms of the agreement, Warner Chappell will administer Round Hill copyrights as well as explore a diversity of creative opportunities for Round Hill songs and songwriters across the globe.

Founded in 2010, Round Hill has grown to become one of the largest independent music rights owners in the world.

• Total revenue grew 10.4% or was up 13.4% in constant currency

• Digital revenue grew 12.5% or was up 15.5% in constant currency

• Net income was $14 million versus $321 million in the prior-year quarter

• OIBDA was $124 million, up 25.3% from $99 million in the prior-year quarter

Warner Music Group Corp. today announced its third-quarter financial results for the period ended June 30, 2019.

“Our third-quarter results are proof of our continued momentum,” said Steve Cooper, Warner Music Group’s CEO.

Warner Chappell Music (WCM) today announced the promotion of Daniel Mora to Managing Director, Warner Chappell Music Colombia. He reports to Gustavo Menendez, President, Warner Chappell Music, Latin America.

“From the moment I met Daniel – back then a musician and songwriter himself – I could tell that he had the potential to do great things in the industry, and for this company,” said Menendez. “He’s a creative force and a hard-working leader who knows the business inside and out.