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Jorge Drexler signs with Warner Chappell Spain

on February 12, 2021 - 10:23am

Legendary singer-songwriter Jorge Drexler has signed a global publishing deal with Warner Chappell Music Spain. The five-time Latin Grammy winner has released thirteen studio albums in his own name and written for other high-profile international artists including Rosario, Shakira and most recently has co-written with C Tangana.

Drexler is also the first Uruguayan to win an Academy Award, with ‘Al Otro Lado Del Rio’, which he wrote for the 2005 movie The Motorcycle Diaries, being named Best Original Song.

Jorge Drexler says: “I’m delighted to be back with Warner Chappell Music.

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Warner Music Latina & Warner Records Ink Global Agreement with Musical Phenomenon Myke Towers

on February 11, 2021 - 2:02pm

Warner Latina and Warner Records today announced the signing of an exclusive distribution deal with Puerto Rican musical phenomenon, Myke Towers, and his independent label, Whiteworld Music. The agreement will bring the multi-platinum star’s music to the global stage, adding Warner’s combined international and domestic A&R and marketing firepower to the growth and development of his burgeoning career.

Iñigo Zabala, President of Warner Music Latin America & Iberia, said: “We’re very proud to welcome Myke Towers to the Warner Music family.

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Warner Records and BPG Music Announce Innovative Strategic Partnership

on February 4, 2021 - 9:03am

Warner Records announced today the launch of an innovative strategic partnership with BPG Music, founded by influential industry leaders Gee Roberson and longtime business partner Jean Nelson. BPG Music/Warner Records’ unique approach focuses on providing a gateway for young black artists and entrepreneurs who are looking for the global reach of a major label while retaining their creative autonomy. Alongside their roles as CEOs of BPG Music, Roberson and Nelson also serve as advisors to Warner Records.

“Our goal at BPG/Warner is to discover, mentor, and grow the next generation of musical

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Warner Music Group Corp. Reports Results for the First Quarter Ended December 31, 2020

on February 1, 2021 - 12:00am

Financial Highlights:

  • Generated Highest Quarterly Revenue in History as a Standalone Company    
  • Delivered Double-Digit Digital Revenue Growth Driven by Continued Momentum in Streaming 
  • Increased Revenue Contribution from Emerging Platforms, Unlocking New Value-Creation Opportunities
  • Achieved Strong Year-Over-Year Growth and Margin Expansion in Key Operating Metrics

For the three months ended December 31, 2020

  • Total revenue grew 6% or 4% in constant currency
  • Digital revenue grew 17% or 16% in constant currency
  • Net income was $99 million versus $122 million in the prior-year quarter
  • OIBDA
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David Woirhaye Named EVP and Global CFO of Warner Chappell Music

on January 28, 2021 - 9:07am

Warner Chappell Music, the global publishing arm of Warner Music Group, today named David Woirhaye as the company’s new EVP and Global CFO, effectively immediately. In his new role, he’ll report into Guy Moot, Co-Chair and CEO and Carianne Marshall, Co-Chair and COO. In partnership with Warner Chappell’s leadership team, Woirhaye will be focused on providing financial guidance and support to the global business in order to maximize growth.

Moot and Marshall shared: “We’re delighted to welcome David to our Warner Chappell family.

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