BNET Industries
Market Cap:$845.6M
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
NAICS Code Independent Artists, Writers, and Performers: 711510
Recent Events
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Terra Firma sues Citigroup
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Where's Warner?
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Video Site Vevo Adds EMI On Eve Of Launch
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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
News & Analysis
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warner music group corp. - All News and Analysis
Record Labels Get Proactive to Protect Revenue
Seeking Alpha
- 2009-12-10
Joel West submits: Tuesday was the North american launch of Vevo, the music video site owned by Universal, Sony SNE and money from Abu Dhabi Media.I find it encouraging that the record labels are taking this step. Faced with the decimation of their decades-long revenue model — the sale...
Apple buys music streaming firm Lala
Strategy Eye
- 2009-12-06
Apple has reportedly acquired music streaming service Lala, hinting at a major shift in strategy for Apple's iTunes download store. Many are speculating that the deal heralds Apple's entry into the cloud-based music streaming space, where it will compete with new rivals such as Spotify. ...
Warner Music Plays a Sad Tune
Seeking Alpha
- 2009-11-25
Ockham Research submits: “A surprise quarterly loss for Warner Music as the weak economy and slowing demand for CD’s resulted in a three cent a share loss. Analysts were looking for five cents a share.” — CNBC’s Closing Bell 11/24/2009 by Ockham Research
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...
WMG Call: Bronfman Jr Still Disappointed By Video Game Income
PaidContent
- 2009-11-24
Warner Music Group (NYSE: WMG) is lining up a new range of music video games partners, as it continues to voice displeasure at terms offered by publishers of smash-hit successes like Guitar Hero and Rock Band.“We’re negotiating with others, some of whom are larger than the others,” CEO Edgar...
Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
Seeking Alpha
- 2009-11-24
Question-and-Answer SessionOperator Operator Instructions The first question is from Rich Greenfield from Pali Capital. Rich Greenfield - Pali Capital When you look at the $14 million restructuring charge you took, could you give us a sense of how much that will benefit your cost structure in 2010 and...
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...
Warner sells own ads on branded YouTube videos
Strategy Eye
- 2009-11-12
Warner Music videos are returning to YouTube with extensive branding after YouTube owner Google signed a deal with the record label. Warner’s agreement allows it to sell its own advertising against the videos and take the majority of revenues. Warner...
Warner Music Hands Over Video Ad Sales To Outrigger
PaidContent
- 2009-10-08
Warner Music Group (NYSE: WMG) has a vision for how it’s going to make money with digital content this time around—and it includes a few key tech platforms and sales partners. On the sales end in the U.S., the company is giving the reins to Outrigger Media, a New...
Industry Transcripts by Seeking Alpha
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Warner Music Group F4Q09 (Qtr End 9/30/09) Earnings Call Transcript
on Nov 24, 2009about WMG
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Image Entertainment Inc. F2Q10 (Qtr End 30/09/09) Earnings Call Transcript
on Nov 12, 2009about DISK
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Walt Disney F4Q09 (Qtr End 10/3/09) Earnings Call Transcript
on Nov 12, 2009about DIS
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Nexstar Broadcasting Group, Inc. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about NXST
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Gray Television, Inc. Q3 2009 Earnings Call Transcript
on Nov 09, 2009about GTN
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