Warner Music Group

Warner Music Group Corp. engages in the publishing and recording of music. It operates through the Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the sale, marketing, distribution, and licensing of recorded music produced by the company's recording artists. The Music Publishing segment acts as a copyright owner and/or administrator of the musical compositions and generates revenues related to the exploitation of musical compositions. The company was founded on November 21, 2003 and is headquartered in New York, NY.

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Warner Music Group reports Q1 growth amidst challenges and opportunities

Despite industry challenges, Warner Music Group remains confident in its future growth prospects. The company's strategic focus on technology, data, and diversification in Music Publishing are key drivers of resilience and potential growth.

Warner Music Group reports Q2 growth, eyes tech and global markets

Warner Music Group showed solid revenue and OIBDA growth, with a focus on tech and talent partnerships.
Despite challenges in Recorded Music, the company is optimistic about upcoming releases.
Efforts to optimize cost structure and invest in tech capabilities are underway.
Exploring new revenue models and market expansions to drive future growth.

Warner Music Group reports strong Q3 performance and eyes growth

Warner Music Group's Q3 2023 performance showcased revenue growth, market share momentum, and strategic initiatives driving innovation and revenue optimization across Recorded Music and Music Publishing segments.
The company's strengths in artist successes, value creation efforts, and AI-driven initiatives position it well for future growth, while challenges in marketing spend sustainability and revenue management require ongoing strategic focus.
Opportunities in expanding revenue streams through partnerships, leveraging AI for music creation, and capitalizing on streaming growth trends present avenues for Warner Music Group to drive innovation, enhance fan engagement, and maximize revenue potential.

Warner Music Group reports strong Q4 performance and eyes industry growth opportunities

Warner Music Group's Q4 performance reflects steady growth in revenue and adjusted OIBDA, supported by successes in recorded music and music publishing segments.
The company's strengths lie in its industry presence, focus on innovation, and strategic partnerships, while challenges include optimizing pricing strategies and partnership renewals.
Opportunities for WMG include industry optimism, investment in growth areas, and strategic acquisitions to drive future value creation and market leadership.
Overall, Warner Music Group's performance and strategic initiatives position it well for continued growth and success in the evolving music industry landscape.

Warner Music Group reports robust Q1 growth and strategic cost-saving plan

Warner Music Group's Q1 2024 earnings call highlighted strong financial performance, strategic cost-saving measures, and a focus on sustainable growth. The company's emphasis on artist development, leadership strength, and tech capabilities bode well for future success despite facing challenges in the evolving music industry landscape.

Warner Music Group reports solid Q2 growth and eyes global expansion

Warner Music Group's Q2 performance reflects revenue growth across Recorded Music and Music Publishing, driven by streaming and new artist signings, showcasing a strong market presence.
Despite margin variability and industry challenges, WMG's strategic strengths in content creation, global expansion, and artist development position it well for long-term success and growth.
The company's focus on innovation, market diversification, and revenue optimization presents opportunities for sustained growth and competitive positioning in the evolving music industry landscape.

Warner Music Group reports Q3 revenue growth, faces ad revenue challenges

Warner Music Group delivered a mixed performance in Q3 2024, with revenue growth driven by music publishing while recorded music faced a slight decline. Strong cash flow and operational efficiency were notable strengths, but challenges in ad-supported revenue and organizational changes in the recorded music business are areas to monitor. The company's focus on artist development and the growth in music publishing revenue offer promising opportunities for future growth.

Warner Music Group posts strong Q4 results, eyes growth opportunities

Warner Music Group's Q4 2024 earnings call showcased robust financial performance, strategic initiatives, and creative successes, underpinning its position as a leading player in the music industry.
While facing challenges such as industry dynamics and technology infrastructure, WMG remains focused on subscriber growth, pricing optimization, and market share expansion to drive future growth and profitability.
With a clear roadmap for growth, a diversified revenue mix, and a commitment to operational excellence, WMG is poised to capitalize on opportunities in subscription streaming, global expansion, and market innovation.

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NEW YORK, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it has priced a private offering (the “Offering”) of $250 million aggregate principal amount of additional 3.000% Senior Secured Notes due 2031 (the “Additional Notes”). The Additional Notes will be issued at a price equal to 97.501% of their face value plus accrued interest from August 12, 2020. The initial 3.000% Senior Secured Notes due 2031 were issued in an aggregate principal amount of $550 million on August 12, 2020 (the “Original Notes”). The Offering is expected to close on November 2, 2020, subject to customary closing conditions. The Additional Notes have been offered and sold in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended (the “Securities Act”). The Additional Notes have been offered and sold only to qualified institutional buyers pursuant to Rule 144A and to certain persons outside the United States pursuant to Regulation S, each under the Securities Act. The Company intends to use the net proceeds of the Offering to fund a portion of the aggregate cash consideration for certain acquisitions. The Company may also use the net proceeds of the Offering to redeem all or a portion of the Additional Notes at any time on one or more occasions on or prior to the fifth business day following December 18, 2020 (the “Special Optional Redemption Election Date”) by giving notice at least five business days prior to such time at the special optional redemption price equal to the issue price of the Additional Notes (excluding accrued interest for the period prior to the settlement date) plus 1% of the principal amount thereof together with accrued and unpaid interest on such Additional Notes from August 12, 2020 (or the most recent interest payment date on which interest was paid) to but excluding the redemption date, or for general corporate purposes.

WMG Acquisition Corp. Announces Pricing of $250 Million Additional Senior Secured Notes Offering

NEW YORK, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it has commenced a private offering (the “Offering”) of $250 million aggregate principal amount of additional 3.000% Senior Secured Notes due 2031 (the “Additional Notes”). The initial 3.000% Senior Secured Notes due 2031 were issued in an aggregate principal amount of $550 million on August 12, 2020 (the “Original Notes”).

WMG Acquisition Corp. Announces Launch of $250 Million Additional Senior Secured Notes Offering

NEW YORK, Sept.  15, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Steve Cooper, Chief Executive Officer, will participate in a question and answer session during the Goldman Sachs 29th Annual Communacopia Conference on Thursday September 17, 2020, at 1:15 p.m. ET.

Warner Music Group Corp. to Participate in Goldman Sachs 29th Annual Communacopia Conference

Physical music revenue declined while digital music revenue grew.

Newly Public Warner Music Faces COVID-19 Headwinds

It’s a whole new playing field these days for music labels and publishers, and today one of the big three made an acquisition to help it sharpen up its strategy to better understand what people want to see and hear online today. Warner Music — which owns labels like Atlantic, Elektra and others and has […]

Warner Music acquires IMGN, a social media publishing platform, for under $100M

Shares of Warner Music Group Corp. WMG, +0.64% gained 0.4% in premarket trading Friday, after the music publisher and recorder initiated a quarterly cash dividend.

Warner Music initiates dividend, providing an implied yield over more than 1.6%

The music industry is poised to continue its comeback, this time in the public market.

Warner Music Group Shows the Music Industry Can Be Profitable Again

NEW YORK, Aug.  06, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it has priced a private offering (the “Offering”) of $550 million aggregate principal amount of 3.000% Senior Secured Notes due 2031 (the “Notes”). The Offering is expected to close on August 12, 2020, subject to customary closing conditions.

WMG Acquisition Corp. Announces Pricing of $550 Million Senior Secured Notes Offering

NEW YORK, Aug.  06, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary, WMG Acquisition Corp. (the “Company”), it has commenced a private offering (the “Offering”) of $550 million aggregate principal amount of senior secured notes due February 15, 2031 (the “Notes”). 

WMG Acquisition Corp. Announces Launch of $550 Million Senior Secured Notes Offering

Warner Music Group's (WMG) CEO Steve Cooper on Q3 2020 Results - Earnings Call Transcript

Warner Music Group Corp. shares WMG, -0.69% rose 2.3% in premarket trade Tuesday, after the company swung to a bigger-than-expected loss for the second quarter in the midst of the pandemic, but revenue beat expectations.

Warner Music swings to wider-than-expected loss but revenue beats estimates

NEW YORK, Aug.  04, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. today announced its third-quarter financial results for the period ended June 30, 2020.

Warner Music Group Corp. Reports Results For Fiscal Third Quarter Ended June 30, 2020

NEW YORK, July  28, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, August 4, 2020, for the third quarter ended June 30, 2020, and will hold an earnings update conference call that morning at 8:30 a.m. ET.

Warner Music Group Corp. to Conduct Earnings Conference Call on Tuesday, August 4, 2020

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NEW YORK, June  17, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that its wholly-owned subsidiary, WMG Acquisition Corp. (the “Company”), has priced €325 million aggregate principal amount of 2.750% senior secured notes due 2028 (the “Notes”). The offering is expected to close on June 29, 2020, subject to customary closing conditions.

WMG Acquisition Corp. Announces Pricing of €325 Million Offering of Senior Secured Notes

NEW YORK, June  16, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that its wholly-owned subsidiary, WMG Acquisition Corp. (the “Company”), has priced $535,000,000 aggregate principal amount of 3.875% senior secured notes due 2030 (the “Notes”). The offering is expected to close on June 29, 2020, subject to customary closing conditions.

WMG Acquisition Corp. Announces Pricing of  $535 Million Offering of Senior Secured Notes

NEW YORK, June  16, 2020  (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that through its wholly owned subsidiary WMG Acquisition Corp. (the “Company”) it has commenced a private offering (the “Secured Notes Offering”) of senior secured notes (the “New Notes”). 

WMG Acquisition Corp. Announces Launch of Senior Secured Notes Offering and Cash Tender Offer and Consent Solicitation for Any and All Outstanding 5.000% Senior Secured Notes due 2023

Tencent Music Entertainment Group 

China’s Tencent Music Entertainment Group on Friday reported a 5.2 percent passive stake in Warner Music Group Corp., about a week after the world’s third-largest recording label’s debut on the Nasdaq.

China’s Tencent reveals 5 percent stake in Warner Music

Tencent Music Entertainment Group said Friday it now owns a 5.2% stake in newly public Warner Music Group.                                                              , In a SEC filing, the Chinese

China’s Tencent Music Entertainment Takes 5.2% Stake In Warner Music Group

China's Tencent Music Entertainment Group  on Friday reported a 5.2% passive stake in Warner Music Group Corp , about a week after the world's third-largest recording label's debut on the Nasdaq.

China's Tencent Music reports passive stake in Warner Music

The IPO market needed a hero and Warner Music Group stock temporarily filled that role. However, in the nearer term, WMG is risky due to poor music streaming fundamentals.

Warner Music Group Is Done Playing the IPO Hero Role

Warner Music: I Do Not Like The Sound Of This

Warner Music Group Corp. shares WMG, +5.91% rose another 5% Thursday on their second day of trading, after gaining more than 20% in their debut on Wednesday.

News for Warner Music Group Stock (WMG)