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Warner Music Group Acquires Russia’s Gala Records Group

on June 17, 2013 - 12:00am

Warner Music Group (WMG) today announced that it has acquired the Gala Records Group (Gala), Russia's leading independent music company.

Led by CEO Alexander Blinov, Gala was founded in 1988 and was the first privately-owned record label in Russia.


Warner Music Group Promotes Stu Bergen to President, International, Warner Recorded Music

on June 14, 2013 - 12:00am

Mike Jbara promoted to newly-created role of President, ADA Worldwide

Matt Signore becomes President, Artist & Label Services, Matt Flott assumes role of CFO, Warner Recorded Music

Warner Music Group (WMG) today announced the promotion of Stu Bergen to the position of President, International, Warner Recorded Music. Bergen will add responsibility for WMG’s recorded music business across Asia Pacific and Latin America to the territories he currently oversees, Canada and Continental Europe.


Liz Rose, Grammy-Winning Songwriter, Signs Worldwide Co-Publishing Agreement with Warner/Chappell

on June 4, 2013 - 12:00am

Liz Rose Music Enters Partnership with Award-Winning Music Publisher

Warner/Chappell Music, the global music publishing arm of Warner Music Group Corp., today announced a worldwide co-publishing agreement with Grammy Award-winning songwriter Liz Rose and publishing company Liz Rose Music.  Rose was the recipient of the 2012 ACM Award for “Song of the Year” in honor of Eli Young Band’s “Crazy Girl,” and was a SESAC Nashville Songwriter of the Year. Also, Rose is a frequent collaborator of Taylor Swift’s, having co-penned 16 songs together, including the No.


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


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