BNET Industries

Warner Music Group Corp.

(WMG) is in the Media Industry

Market Cap:$774.5M

Last Fiscal Year Sales:$3.4B

Public
US

Dow Jones Description

Warner Music Group, with its broad roster of new stars and legendary artists, is the world's largest privately held independent music company. The company is home to a collection of the best-known record labels in the music industry including Atlantic, Elektra, Lava, Maverick, Nonesuch, Reprise, Rhino, Sire, Warner Bros. and Word. Warner Music International, a leading company in national and international repertoire operates through 37 affiliates and numerous licensees in more than 50 countries. Warner Music Group also includes Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide.

Number of Employees 3,800

Contact Information

75 Rockefeller Plaza

New York, New York 10019

wmg.com

212-275-2000

NAICS Code Independent Artists, Writers, and Performers: 711510

Company News

Recent Events

Warner Bros Records UK Announces Ben Durling As A&R Consultant

11/29/09 - Mgmt. Change Entering - Other - View Story
Warner Music posts surprise 4Q loss; shares tumble

11/24/09 - Bond / Stock Rating - View Story
WMG Reports Loss In Fiscal Q4

11/25/09 - Financial Announcement - View Story
Analysis: Hulu, Vevo And The Rise Of Streaming Video

11/19/09 - Joint Venture / Alliance - View Story
Business Matters: EMI, WMG, Radiohead, Guvera, Gibson

11/18/09 - Merger / Acquisition - View Story
WMG Inks Online Ad Technology Deal

11/12/09 - Joint Venture / Alliance - View Story
A rare rift in George and Ira Gershwin's harmony

11/01/09 - Lawsuit Filed - View Story
Business Matters: Qtrax, MySpace, Lala, WMG

10/29/09 - Financial Announcement - View Story
Warner Music Group looks to monetize music clips

10/09/09 - Joint Venture / Alliance - View Story
Warner Music Group Launches Web Strategy 2.0

10/08/09 - Product Announcement - View Story
WMG Pacts With Outrigger To Monetize Videos

10/10/09 - Joint Venture / Alliance - View Story
Warner Music Group names producer Rob Cavallo chief creative officer

10/08/09 - Financial Announcement - View Story
WMG Names Rob Cavallo Chief Creative Officer

10/08/09 - Mgmt. Change Entering - Other - View Story
Warner Music Group Appoints Renowned Producer Rob Cavallo as Chief Creative Officer

10/07/09 - Mgmt. Change Entering - Other - View Story
Warner Music bringing music videos back to YouTube

10/02/09 - Joint Venture / Alliance - View Story
iMeem Wipes The Slate Clean With $6 million Funding

9/30/09 - New Venture Funded Investment - View Story

News & Analysis

digital music and warner music group corp. - All News and Analysis

A Tale of Toxicity: What Happens Next at EMI?

PaidContent - 2009-11-18

Of the big four major label groups, EMI stands out as the most distressed. But what happens next in this tale of toxicity? The outcome depends on a number of volatile variables, though the rejection of a $1.67 billion injection proposal by Terra Firma is hardly an uplifting development. ...

Tags: EMI Group Plc., Financial, Warner Music Group Corp., Financial Accounting, Digital Music, Digital Media, Finance, Personal Technology, Consumer Electronics, Digital Music News
Earnings: WMG Losses Widen; Digital Music Revs Up 5 Percent

PaidContent - 2009-08-06

While Warner Music Group (NYSE: WMG) certainly has been trying to make headway as music listening becomes more digital, it couldn't fight the wider economy and the downward spiral of physical record sales. The company's loss widened to $37 million ($0.25 per share) from $9 million ($0.06 cents per...

Tags: Revenue, Loss, Earnings, Digital Music, Warner Music Group Corp., Sales Strategy, Operational Accounting, Sales Force Management, Sales, Finance, Entertainment, Music, Money, Companies, Warner Music Group, David Kaplan
Apple joins with labels to promote album sales – Rumour

Strategy Eye - 2009-07-26

Apple and the four major record labels are reportedly collaborating on a project to boost album sales on iTunes. The move is an attempt to reinvigorate the album format, which has seen steadily decreasing sales since digital downloads took off. ...

Tags: Apple Inc., Apple iTunes, Album Sale, Sales Strategy, Sales Force Management, Digital Music, Digital Media, Sales, Personal Technology, Consumer Electronics, EMI Group, Sony Music, Universal Music Group, Jasper Jackson, Warner Music Group Corp.
CHINA: WARNER MUSIC INKED DEAL WITH CHINA UNICOM FOR DIGITAL MUSIC SERVICE.

- 2006-06-22

According to fdi.gov.cn: Warner Music Group said on June 20 that it has reached an agreement with China Unicom, China's second largest mobile operator, for selling its musical products via China Unicom's wireless networks. Warner ... According to fdi.gov.cn: Warner Music Group said on June 20...

Tags: China Unicom, digital music, Warner Music Group Corp.
Warner Music UK and BT Team up for New Digital Music Offerings

- 2005-12-08

Warner Music UK and British Telecommunications PLC BT today announced a landmark agreement to develop on-demand access to music programming from Warner Music's audio and video catalogs of world-renowned artists over BT's new TV over Broadband service in the UK.

Tags: British Telecommunications, digital music, team, Warner Music Group Corp.