Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.30 per share a year ago.
Additionally, the new publishing deal introduces a direct licensing model with Warner Chappell Music in several countries, including the U.S. In a statement, WMG CEO Robert Kyncl emphasized the ...
Today, we're announcing an important new agreement that provides additional benefits for artists and songwriters as well as WMG and Spotify, enabling us to move forward collaboratively to expand ...
Spotify (NYSE:SPOT) and Warner Music Group (NASDAQ:WMG) have signed a new, multi-year agreement covering recorded music and music publishing, bolstering their relationship for online music offerings.
It’s a big step forward in our vision for greater alignment between rights holders and streaming services,” WMG CEO Robert Kyncl said in a statement. “Together with Spotify, we look forward ...
WMG CEO Robert Kyncl commented, “This major agreement delivers new benefits for artists, songwriters, and fans, while unlocking further collaboration that expands the music ecosystem.
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