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Warner Music Group, its directors and management, and the Blavatnik Family Foundation announced today a $100 million fund to support charitable causes related to the music industry, social justice and campaigns against violence and racism.
An...
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Warner Music Group Corp. (the “Company”) announced today the pricing of its initial public offering (“IPO”) of 77,000,000 shares of its Class A common stock at a public offering price of $25.00 per share. The size of the IPO was increased from the...
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Warner Music Group Corp. (the “Company”) announced today that it has launched the initial public offering of 70,000,000 shares of its Class A common stock pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange...
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Administration Deal Covers Majority of Iconic British Group’s Catalog + Future Work
Warner Chappell Music announced today that it has entered into a global publishing agreement with British music icons Duran Duran. The deal calls for Warner Chappell...
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Warner Music has partnered with Ziiki Media, a music aggregator, distributor and production house that is rapidly expanding its presence in the Indian market. The company specialises in the Punjabi scene, distributing music from local stars...
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Digital revenue grew 5.7% or 7.4% in constant currency
Total revenue was down 1.7% compared to the prior year-quarter or flat in constant currency
Net loss was $74 million versus net income of $67 million in the prior-year quarter
OIBDA was $12...
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Warner Music Group Corp. will release its financial results on Thursday, May 7, 2020, for the second quarter ended March 31, 2020, and will hold an earnings update conference call that morning at 8:30 a.m. ET.
To access the conference call, please...
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WMG’s Arts Music division is now the exclusive distributor of Mattel’s catalog of more than 1,000 songs from brands including Barbie®, Thomas & Friends®, Hot Wheels®, American Girl® and Fisher-Price®
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Warner Music Group today announced the first-of-its-kind virtual music festival, PlayOn Fest supporting the COVID-19 Solidarity Response Fund for the World Health Organization (WHO), powered by the UN Foundation.
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Warner Music Group (WMG) has announced it is investing in Africori, Africa’s leading digital music distribution, music rights management and artist development company.
The deal gives Warner Music’s ADA division access to Africa’s largest catalogue...
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Andy Ma has been promoted to the new role of CEO of Warner Music Greater China. He will oversee the company’s business and operations in Mainland China, Hong Kong and Taiwan, and will continue to report to Simon Robson, President, Warner Music Asia...
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Warner Music Group (WMG) today announced that Oana Ruxandra has been appointed Chief Digital Officer & EVP of Business Development. Ruxandra, who returned to WMG at the end of 2018, was most recently serving as interim head of Business...