BNET Industries
Market Cap:$813.1M
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
NAICS Code Independent Artists, Writers, and Performers: 711510
Recent Events
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Warner Bros Records UK Announces Ben Durling As A&R Consultant
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Warner Music posts surprise 4Q loss; shares tumble
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WMG Reports Loss In Fiscal Q4
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Analysis: Hulu, Vevo And The Rise Of Streaming Video
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Business Matters: EMI, WMG, Radiohead, Guvera, Gibson
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WMG Inks Online Ad Technology Deal
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A rare rift in George and Ira Gershwin's harmony
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Business Matters: Qtrax, MySpace, Lala, WMG
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Warner Music Group looks to monetize music clips
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Warner Music Group Launches Web Strategy 2.0
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WMG Pacts With Outrigger To Monetize Videos
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Warner Music Group names producer Rob Cavallo chief creative officer
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WMG Names Rob Cavallo Chief Creative Officer
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Warner Music Group Appoints Renowned Producer Rob Cavallo as Chief Creative Officer
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Warner Music bringing music videos back to YouTube
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iMeem Wipes The Slate Clean With $6 million Funding
News & Analysis
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finance and warner music group corp. - All News and Analysis
Weak economy hurts music publishing
Financial Times
- 2009-11-24
Music publishing, once one of the few stable areas of an industry suffering from declining CD sales and online piracy, is starting to suffer from the weak economy, results from Warner Music showed on Tuesday.Fewer ads are being made and aired, limiting music companies' once-healthy revenues from the use...
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. ...
iMeem: From Tens Of Millions In Funding To Fire Sale
PaidContent
- 2009-11-18
As this is being written, negotiations between MySpace Music and social music startup iMeem are still underway with issues including how much staff would make the move possibly engineering and sales, whether cofounder and CEO Dalton Caldwell would come along a la iLike’s Partovi brothers—now execs with MySpace, possible...
Investors in Imeem funding round revealed
Strategy Eye
- 2009-09-30
It has emerged that social music site Imeem raised USD6m in a funding round led by existing shareholders Warner Music Group and Morganthaler Ventures in May. However, Sequoia Capital, which previously backed the firm in its Series A funding round, opted not to re-invest after reportedly losing confidence in...
Ticketmaster moves to bolster global interests
Financial Times
- 2009-08-10
Ticketmaster Entertainment has recruited Roger Ames, a former senior executive at both Warner Music and EMI, to oversee the expansion of its fragmented international business on the eve of its proposed merger with Live Nation.The move for Mr Ames, whose 34-year career in the record industry included five years...
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...
Warner Music Group F2Q09 (Qtr End 3/31/09) Earnings Call Transcript
Seeking Alpha
- 2009-05-07
Question-and-Answer Session Operator Operator Instructions The first question is from Bishop Cheen from Wachovia. Bishop Cheen - Wachovia Thank you for taking the question. Edgar, as usual, you gave us a lot of insight into your operations. I do have to go to a balance sheet...
Warner Music Group Corp. F4Q08 (Qtr End 09/30/08) Earnings Call Transcript
Seeking Alpha
- 2008-11-26
Question-and-Answer SessionOperator Operator instructions The first question is from Bishop Sheen from Wachovia. Bishop Sheen – Wachovia Hi, Edgar, Michael, Jill, thank you for taking the questions. Edgar I’m looking at your balance sheet and your leverage and you’re managing debt by building up cash. Have you considered the...
Earnings: Warner Music's Q4 Profits Rise; Digital Up 28 Percent
Content Next
- 2008-11-25
Finally some bit of good news in the music industry: Warner Music Group (NYSE: WMG) reported its Q308 earnings today, and its income rose to $6 million, or 4 cents a share, from $5 million, or 3 cents a share from the year-ago quarter. Stunningly, analysts were expecting a...
Dispelling the MySpace Music Device Rumor
Seeking Alpha
- 2008-11-10
Michael Arrington submits: Last Thursday John Battelle sat down with MySpace CEO Chris DeWolfe and Warner Music Group WMG CEO Edgar Bronfman to discuss the future of music. Some interesting things were said, including remarks by Bronfman that Warner will only sign new artists if they agree to...
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Industry Transcripts by Seeking Alpha
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
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Gray Television, Inc. Q3 2009 Earnings Call Transcript
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