BNET Industries

Warner Music Group Corp.

(WMG) is in the Media Industry

Market Cap:$814.6M

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

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

Time Warner CEO backs paid-VoD

Strategy Eye - 2009-03-03

Time Warner CEO, Jeff Bewkes, is backing subscription-based online video on demand VoD services, revealing details of an industry-wide initiative called 'TV Everywhere'. The trial version of the service is expected to go live later this year. Bewkes says the...

Tags: Andrew McDonald, Bewkes, Comcast Corp., Corporate Communications, Fox Media, Home Entertainment, Hulu, Management, Marketing, NBC Universal, News Corp., pay-TV, Personal Technology, Satellite, Strategy, The Walt Disney Co., Time Warner Inc., Tv & Home Theater, TVs, VIA Technologies Inc., Viacom Inc., Video, Video On Demand (VoD), Warner Music Group Corp.
Warner Music Group Names George White, Senior Vice President, Strategy and Product Development

- 2005-09-27

Warner Music Group Corp. (NYSE: WMG) announced today that George White has been promoted to Senior Vice President, Strategy and Product Development. Formerly Vice President of Technology Business Development, White is based in New York and will continue to report to Alex Zubillaga, Executive Vice President, Digital Strategy and...

Tags: product development, strategy, Warner Music Group Corp.
Out of Tune

- 2003-09-22

The threat of a PR disaster was huge. What if, perhaps, they caught a handicapped, homebound downloader who found joy only through free file sharing--someone who would generate a lot of sympathy? Senior executives from the Big Five music labels--Sony, Universal, EMI, AOL Time Warner and Bertelsmann--were meeting recently on...

Tags: Apple Inc., CD, MARKETING, music, Newsweek, Sony Corp., Strategy, Technology, Universal Music Group, Warner Music Group Corp.
Misuse of market power.

- 2002-06-04

Jun 04, 2002 Company Director ABIX via COMTEX -- The issue of market power has been the subject of two cases in the Federal Court of Australia. Section 46 of the 1974 Trade Practices Act requires that firms with such power do not use it...

Tags: Australia, Australian Competition and Consumer Commission, MARKETING, Strategy, Universal Music Group, Warner Music Group Corp.
Music giants fined to the tune of $1m.

- 2002-03-06

Mar 7, 2002 The Daily Telegraph ABIX via COMTEX -- The Australian Federal Court has found Universal Music and Warner Music guilty of unfair practices that restrict competition within the music industry. The Australian Competition & Consumer Commission ACCC began a legal battle with...

Tags: Australia, Australian Competition and Consumer Commission, Retail, Sony BMG Music Entertainment, Strategy, Universal Music Group, Warner Music Group Corp.