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.

Earnings data Q2 2021

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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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Warner Music Group Corp. Reports Results for the Second Quarter Ended March 31, 2021

Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG's Roster of Artists Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG's Roster of Artists

Warner Music Group Announces Groundbreaking Partnership With and Investment in Wave

News Comes on Heels of Genies Launching New NFT SDK and 3D Luxury Avatars Used By Thousands of Artists, Athletes, and Entertainers Including Cardi B, Carmelo Anthony, and Pokimane

Warner Music Group and Genies Sign Partnership to Bring WMG's Roster of Artists to Life as Avatars

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NEW YORK, April 06, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, May 4, 2021, for the second quarter ended March 31, 2021, 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, May 4, 2021

Tencent Music Entertainment Group 

Tencent Music Entertainment Group (NYSE:TME) and Warner Music Group Corp (NASDAQ:WMG) have agreed to establish a new joint venture record label in China, the two companies said as they also announced an expanded multi-year strategic licensing agreement. TME, an online music entertainment platform in China, and Warner Music have been working together since their original agreement more than a decade ago.

Warner and Tencent to set up joint record label in China

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Warner Music Group Corp.'s (WMG) CEO Steve Cooper on Q1 2021 Results - Earnings Call Transcript

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

Warner Music Group (WMG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Warner Music Group (WMG)

NEW YORK, Jan. 18, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Monday, February 1, 2021, for the first quarter ended December 31, 2020, and will hold an earnings update conference call that afternoon at 4:30 p.m. ET.

Warner Music Group Corp. to Conduct Earnings Conference Call on Monday, February 1, 2021

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Warner Music Group Corp.'s (WMG) CEO Stephen Cooper on Q4 2020 Results - Earnings Call Transcript

The company posted a profit of $1 million for the three months ended September 30, as compared to $91 million in the same period last year.

Warner Music shares down after fourth-quarter earnings miss expectations

Warner Music Group Corp. (NASDAQ: WMG) reported its financial results on Monday that highlighted a 0.2% year over year growth in its fourth-quarter revenue. On a constant currency basis, total revenue was down by 1.1%.

Warner Music reports a 33% annualised growth in its Q3 adjusted EBITDA

Warner Music Group Corp. reported Monday a breakeven fiscal fourth quarter, missing expectations, although revenue rose slightly above forecasts. The stock rose 0.8% in premarket trading.

Warner Music stock gains as profit falls, but revenue rises to top forecasts

Continued Momentum in Streaming Highlighted by Sequential Improvement in Revenue Growth

Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2020

NEW YORK, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Monday, November 23, 2020, for the fourth quarter and fiscal year ended September 30, 2020, and will hold an earnings update conference call that morning at 8:30 a.m. ET. 

News for Warner Music Group Stock (WMG)