About the Company
Warner Music Group Corp., 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 and Sony Music Entertainment. Formerly owned by Time Warner, the company sold WMG in 2004 to a group of private investors led by Edgar Bronfman Jr., in a move to alleviate Time Warner's debt load related to its merger with AOL. 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. As of 2025, Access Industries remains the company's largest shareholder, owning 72% of the equity and controlling 98% of the voting power. With a multibillion-dollar annual turnover, WMG employs more than 4,500 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 (previously owned by EMI), and Atlantic Records. WMG also owns Warner Chappell Music, one of the world's largest music publishers.
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Latest News on Warner Music Group Corp.
Warner Music Group Corp. (NASDAQ:WMG) Q3 2025 Earnings Call Transcript
Welcome to Warner Music Group's Third Quarter Earnings Call for the period ended June 30, 2025. At the request of Warner ...
Warner Music Group Corp. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's been a pretty great week for Warner Music Group Corp. (NASDAQ:WMG) shareholders, with its shares surging 11% to US$31.71 in the week since its latest quarterly results. Revenues of US$1.7b beat ...
Warner Music Group’s Earnings Call Highlights Growth and Strategic Moves
Warner Music Group Corp. (($WMG)) has held its Q3 earnings call. Read on for the main highlights of the call. Warner Music Group’s latest earnings ...
Warner Music Group Corp. Announces Quarterly Cash Dividend
Warner Music Group Corp. Announces Quarterly Cash Dividend Provided by GlobeNewswire May 16, 2025, 5:25:00 AM ...
Warner Music Group Corp. (WMG) Surpasses Q1 Earnings and Revenue ...
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.
Warner Music Group Corp - Class A - 24/7 Wall St.
Warner Music Group Corp, headquartered in New York, is a global leader in the music entertainment industry. It operates two main segments: Recorded Music and Music Publishing.
What Makes Warner Music Group Corp. (WMG) An Investment Bet?
On November 15, 2024, Warner Music Group Corp. (NASDAQ:WMG) stock closed at $32.92 per share with a market capitalization of $17.05 billion.
Warner Music Group Corp. (NASDAQ:WMG) Sees Large Drop in Short Interest
Warner Music Group Corp. (NASDAQ:WMG – Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling ...
Warner Music Group Corp. (WMG) Lags Q2 Earnings and Revenue ... - Nasdaq
Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.18 per share a year ago.
Warner Music Group Corp. Announces Quarterly Cash Dividend
NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (WMG) (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash ...
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