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Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2017

on December 5, 2017 - 12:00am

•           Total revenue for the full year grew 10.2% or was up 11.5% in constant currency

•           Digital revenue for the full year grew 24.7% or was up 26.0% in constant currency

•           Net income for the full year was $149 million versus $30 million in the prior year

•           OIBDA for the full year was $473 million versus $507 million in the prior year

•           Total revenue for the quarter grew 9.0% or was up 7.6% in constant currency

•           Digital revenue for the quarter grew 19.8% or was up 18.6% in constant currency

•           Net loss for the quarter was $38


Warner Music Group Corp. to Conduct Earnings Conference Call on Tuesday, December 5, 2017

on December 1, 2017 - 1:40pm

Warner Music Group Corp. will release its financial results on Tuesday, December 5, 2017, for the fourth quarter and fiscal year ended September 30, 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, January 5, 2018 at 11:59 p.m.


2018 WMG Grammy Nominations

on November 28, 2017 - 8:03pm

Today, the Recording Academy announced the nominations for the 60th Annual Grammy Awards. Warner/Chappell’s Jay-Z and Kendrick Lamar led the pack with eight and seven nominations respectively, followed by Atlantic Records artist & Warner/Chappell songwriter Bruno Mars with six. Bruno and Jay-Z landed nominations in the three top categories: Record of the Year, Album of the Year, and Song of the Year.

The rich diversity across our company is impressively demonstrated by the fact that we have nominations in over 50 categories spanning some 20 musical fields, including Pop, Dance/Electronic,


Warner Music Group and Anghami Enter Long Term Direct Deal to Provide Music to the Middle East and North Africa

on November 15, 2017 - 10:26am

Warner Music Group (WMG) and Anghami, the largest streaming service in the Middle East and North Africa, today announce a new direct licensing deal that brings WMG’s vast catalog of music to the region.  Previously, WMG was represented through an affiliate deal for Saudi Arabia, UAE, Kuwait, Qatar, Bahrain, Oman, Egypt, Lebanon, Jordan, Iraq and nearby territories. The new deal creates a direct agreement with Anghami for the region, extending WMG’s reach further to Algeria, Morocco and Tunisia.

Anghami offers on demand music and video through either an ad-supported or paid subscription


Beth Appleton Named General Manager – Australia & SVP Marketing – Australasia for Warner Music

on November 14, 2017 - 6:01pm

Beth Appleton has been named General Manager – Australia & SVP Marketing – Australasia for Warner Music. Appleton, who joined Warner Music in 2011, will relocate to Sydney from London, where she has served as SVP of Global Marketing since 2014. In her new post, Appleton will oversee the day-to-day operations of Warner Music Australia, as well as marketing for the Australasian region. She will report to Niko Nordström, President of Warner Music Australasia, and will take up the role from January 22, 2018, following the completion of normal immigration procedures.

“Since joining the Warner