News

"Augmenting our deep expertise and global infrastructure with Bain Capital’s financial prowess and belief in music will make ...
Global music entertainment company Warner Music Group (NASDAQ:WMG) fell short of the market’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.48 billion. Its GAAP profit of ...
Alfonso Perez-Soto & Michael LoBiondo join Warner Music's corporate development team with M&A focus by Andre Paine February 10th 2025 at 1:06PM ...
The WMG veterans report to Michael Ryan Southern, aka MRS, who calls them both "tenacious and curious leaders." By Marc Schneider Industry News Editor Warner Music Group has expanded its corporate ...
Warner helped form Tempo with Providence back in 2019 as the value of music catalogs was soaring. Tempo then acquired thousands of songs, or in many cases, writers’ share of the rights to a song.
Spotify and Warner Music Group didn’t disclose financial details for the deal or the number of years it will be in place. No specifics were included about the future subscription offerings ...
Separately on Thursday, Warner Music also reported revenue of $1.67 billion for the first quarter, compared with the average of analysts' estimate of $1.66 billion, according to data compiled by LSEG.
Under the deal, Spotify will have a direct license from WMG's music publishing arm Warner Chappell Music, which has a catalog of over 1 million copyrights in the U.S. and several other countries ...
News of the Spotify deal came as Warner Music unveiled its first-quarter results Thursday, which saw revenue falling 4.7 percent to $1.66 billion, which fell short of an analyst consensus for $1. ...
Michael Lynton, Warner Music Group and Snap chair, joins CNBC's 'Squawk on the Street' to discuss how a Trump administration may impact business, expectations for M&A activity, and more.
Warner Music said it now expects pre-tax cost savings of about $260 million, most of which will be achieved by the end of fiscal 2025, up from its earlier estimate of $200 million in savings.
Grainge has been with Warner for less than a year, after bringing 10K from Universal to Warner in a joint venture in September. Grainge is the son of Universal Music Group chairman/CEO Lucian Grainge.