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Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2019

on November 27, 2019 - 12:00am

Total revenue for the full year grew 11.7% or 14.7% in constant currency

Digital revenue for the full year grew 15.9% or 18.7% in constant currency

Net income for the full year was $258 million versus $312 million in the prior year

OIBDA for the full year was $625 million versus $478 million in the prior year

Total revenue for the quarter grew 8.2% or 10.4% in constant currency

Digital revenue for the quarter grew 13.1% or 15.0% in constant currency

Net income for the quarter was $91 million versus a loss of $13 million in the prior-year quarter

OIBDA for the quarter was $95

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Warner Music Group Corp. To Conduct Earnings Conference Call On Wednesday, November 27, 2019

on November 22, 2019 - 2:03pm

Warner Music Group Corp. will release its financial results on Wednesday, November 27, 2019, for the fourth quarter and fiscal year ended September 30, 2019, 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 Saturday, January 4, 2020 at 11:59 p.m.

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Dolby and Warner Music Group to Expand Music Available in Dolby Atmos

on November 21, 2019 - 6:47pm

Music from Warner Music Group will be available in Dolby Atmos to experience on Echo Studio through Amazon Music HD

Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, and Warner Music Group (WMG) are introducing an elevated way to experience WMG songs and albums with Dolby Atmos music. Dolby Atmos is redefining how music is experienced by giving artists a platform that allows listeners to experience a deeper connection with their favorite artists and songs.

“Artists are excited to work in Dolby Atmos because it enables them to produce their music in a more

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Spinnin' Records Asia Opens For Business

on November 20, 2019 - 11:43am

Spinnin’ Records is strengthening its global footprint with the launch of Spinnin’ Records Asia. The dance and electronic music specialist is bringing its winning recipe of discovering and nurturing talent to this fast-growing region. It will also sign and work with artists of Asian heritage from every part of the world, bringing their music to a global audience.

"We’re very excited about the launch of Spinnin' Records Asia", says Spinnin's CEO Roger de Graaf.

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Stretch & Bobbito’s Debut Album ‘No Requests’ Out January 17, 2020

on November 15, 2019 - 12:00am

Share First Two Singles: “I Know You, I Live You” Featuring Maimouna Youssef & “The Mexican” Featuring Mireya Ramos

Launch New Podcast

ADA Worldwide Enlisted for Distribution & Label Services  


After three decades impacting airwaves, introducing game-changing talent to the masses, and influencing the culture at large, radio legends and dynamic duo Stretch & Bobbito announce the release of their first-ever album, No Requests, on January 17, 2020. The album will be distributed by Warner Music Group's independent distribution division, Alternative Distribution Alliance (ADA), who will also

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