Blogs

Warner Music Group Corp. Reports Results For Fiscal Second Quarter Ended March 31, 2019

Submitted by Caitlin.House@w...
on May 7, 2019 - 7:31am
  • Total revenue grew 13.2% or was up 17.6% in constant currency
  • Digital revenue grew 20.8% or was up 25.0% in constant currency
  • Net income was $67 million versus a net loss of $1 million in the prior-year quarter
  • OIBDA was $191 million, up 25.7% from $152 million in the prior-year quarter

Warner Music Group Corp. today announced its second-quarter financial results for the period ended March 31, 2019.

“Our second-quarter results were strong,” said Steve Cooper, Warner Music Group’s CEO.

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Norman Wonderly Named EVP, Creative for Warner Bros. Records

Submitted by Majeda Hussein
on May 6, 2019 - 11:39am

Innovative Designer Oversees Visual Identity for Artists & Label

 

Norman Wonderly has been promoted to Executive Vice President, Creative for Warner Bros. Records (WBR), based at the company’s Los Angeles headquarters. Wonderly joined WBR in 2010, when he was tapped as SVP of the label’s Creative Services team. He was previously Publisher of Alternative Press magazine, where he worked for twenty years. Wonderly reports to WBR Co-Chairman & COO, Tom Corson.

 

Since coming on board at WBR, Wonderly has overseen creative campaigns and music videos for acclaimed artists such as Bebe Rexha, Dua

General

Kinga Siennicka Named Managing Director, Warner Music Poland

Submitted by Oliver.Ebdon@wa...
on May 2, 2019 - 5:23am

Kinga Siennicka has been appointed Managing Director, Warner Music Poland with immediate effect. Based in Warsaw, Siennicka will report directly to Alfonso Perez-Soto, Warner Music’s EVP, Eastern Europe, Middle East and Africa.

She has been promoted into this position from her previous role as Vice Chair of Marketing and Promotion, Warner Music Eastern Europe.

Kinga Siennicka says: “Taking up the leadership of our company in Poland is a real privilege. We’ve got a creative and dynamic local music scene and we’re an increasingly important market for international acts too.

General

Warner Music Group Corp. To Conduct Earnings Conference Call On Tuesday, May 7, 2019

Submitted by Caitlin.House@w...
on May 1, 2019 - 4:24pm

Warner Music Group Corp. will release its financial results on Tuesday, May 7, 2019, for the second quarter ended March 31, 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 Thursday, June 6, 2019 at 11:59 p.m.

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Warner Music Lands in Peru

Submitted by Caitlin.House@w...
on April 24, 2019 - 12:03pm

New Office Expands Warner Music’s LatAm Reach And Creates New A&R Opportunities

Warner Music has opened a new affiliate in Peru, one of the fastest-growing music markets in Latin America.  Warner Music Peru will be based in Lima and headed by Country Manager Angela Sarmiento Vera.

Sarmiento Vera is heading the operation after working at Warner Music Colombia for the last six years in various marketing roles.  She will report to Maria Mercedes Montejo, General Manager, Warner Music Andean Region.

Iñigo Zabala, President, Iberia and Latin America, Warner Music, says: “The music market in Peru

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