News

Music companies are getting ready to release their Q2 earnings reports. Here's what to expect from Spotify, UMG, Warner Music ...
WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to "future-proof" the company and "reinvest in the business." ...
"Augmenting our deep expertise and global infrastructure with Bain Capital's financial prowess and belief in music will make us the destination of choice for preeminent catalogs," WMG CEO Robert Kyncl ...
Reuters reported that the European Commission plans to escalate its investigation into Universal Music Group’s $775 million ...
Combined with previously announced restructuring, Warner should achieve more than half a billion dollars in annual ...
Warner Music Group Corp. announced a quarterly cash dividend of $0.18 per share on its Class A and Class B Common Stock, payable on March 4, 2025, to stockholders of record by February 24, 2025.
Warner Music Group has enjoyed steady sales growth in recent years. In its fiscal year that ended Sept. 30, 2019, the company saw sales jump 12% to $4.5 billion, according to a regulatory filing.
Warner Music Group Announces Major Executive Restructure, Max Lousada to Step Down 08/01/2024 The company’s digital revenue and streaming revenue were up 4.7% and 5.5% respectively, as ...
Warner Music Group and TikTok have announced a first-of-its-kind partnership to expand the licensing agreement of Warner Recorded Music and Warner Chappell Music to TikTok, TikTok Music, CapCut ...
Warner Music Group announced today that it has launched the initial public offering of 70,000,000 shares of its Class A common stock.
Warner Music Group, which has top artists like Ed Sheeran and Dua Lipa in its stable, has unveiled a multiyear licensing deal with TikTok to boost its social media platforms revenues. The world ...