Warner Music Group Corp. (WMG)


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April 24, 2024


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About the Company

Warner Music Group Corp. (d.b.a. Warner Music Group, commonly abbreviated as WMG) is an American multinational entertainment and record label conglomerate headquartered in New York City. It is one of the "big three" recording companies and the third-largest in the global music industry, after Universal Music Group (UMG) and Sony Music Entertainment (SME). Formerly part of Time Warner (now Warner Bros. Discovery), WMG was publicly traded on the New York Stock Exchange from 2005 until 2011, when it announced its privatization and sale to Access Industries. It later had its second IPO on Nasdaq in 2020, once again becoming a public company. With a multibillion-dollar annual turnover, WMG employs more than 3,500 people and has operations in more than 50 countries throughout the world. The company owns and operates some of the largest and most successful labels in the world, including Elektra Records, Reprise Records, Warner Records, Parlophone Records (formerly owned by EMI), and Atlantic Records. WMG also owns Warner Chappell Music, one of the world's largest music publishers. Since August 2, 2018, WMG has expanded its business to digital media operations through its acquisition of Uproxx.

Exchange

Nasdaq

$1B

Total Revenue

5K

Employees

$0M

Market Capitalization

37.41

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $WMG News

Is Now An Opportune Moment To Examine Warner Music Group Corp. (NASDAQ:WMG)?

4d ago, source:

Warner Music Group is still trading at a fairly cheap price. Our valuation model shows that the intrinsic value for the stock is $46.24, which is above what the market is valuing the company at the ...

Warner Music Group Corp (WMG) Stock: A Closer Look at the Market Potential

5mon ago, source: newsheater

Lousada Max, the CEO, Recorded Music of Warner Music Group Corp, sale 869,008 shares at $33.36 during a trade that took place back on Dec 05 ’23, which means that Lousada Max is holding 1,883,578 ...

At $33.44, Warner Music Group Corp (WMG) Is Worth Your Consideration

14d ago, source:

Warner Music Group Corp (NASDAQ:WMG) concluded the trading at $33.44 on Friday, April 12 with a fall of -3.04% from its closing price on previous day. Taking a look at stock we notice that its last ...

Warner Music Group job ad reveals initial details of its ‘superfan app’

10d ago, source: Spotify

Finding the best way to monetize music superfans has become the Holy Grail of the music industry over the past few years. The ...

Believe board backs buyout bid - but company will remain listed on Paris exchange

7d ago, source: completemusicupdate

Believe’s move to private equity backing now looks like a done deal. The twist is that shareholders won’t be forced to sell ...

Warner Music Group launches Warner Music South Asia, led by Jay Mehta

15d ago, source: Spotify

Warner Music Group (WMG) has launched Warner Music South Asia, a new entity handling its recorded music operations in markets ...

Wall Street Analysts Are Bullish on Top Communication Services Picks

9d ago, source:

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on Baidu (BIDU – Research Report) ...

Variety’s 2024 Legal Impact Report: Hollywood’s Top Attorneys

9d ago, source:

From tackling generative AI concerns to landing impressive deals for A-listers, these showbiz attorneys are well-equipped to ...

Warner Bros Discovery to launch data platform for better ad-targeting

on MSN ago, source:

Warner Bros Discovery is launching a data platform that would help advertisers better reach their target audience across both ...

Music Industry Moves: Hip-Hop Producer BNYX Inks Deal With Field Trip Recordings and Capitol Records

on MSN ago, source:

BNYX, an acclaimed hip-hop producer (Yeat, Drake, Nicki Minaj) has inked a new deal with Zack Bia's Field Trip Recordings and ...

Presenting the 14th & 15th Star Awards for Music winners

9h ago, source: PEP

Nagwagi ang P-pop group ... at Music Video Year ("Bazinga"). Nagpatuloy ang panalo ng SB19 sa 15th Star Awards for Music nang ...

Global music publishing revenues were more than $9bn in 2023

2d ago, source: Music Ally

Stay updated on the latest music publishing revenue figures, as Sony Music Publishing takes the lead with a 24.9% market share.

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