News & Videos - WARNER MUSIC GROUP

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Bryan Castellani, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21 st , at 10:50 a.m. ET. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner...

NEW YORK, May 13, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on June 3, 2024, to stockholders of record as of the close of business on May 23, 2024. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an...

Financial Highlights Solid Results Driven by Growth Across Recorded Music and Music Publishing Recorded Music Results Underpinned by an Acceleration in Subscription Streaming Music Publishing Delivered Revenue Growth of 19% Reiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended March 31, 2024 Total revenue increased 7% , the same in constant currency Net income was $96 million versus $37 million in the prior-year quarter Operating income decreased 4%...

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 9, 2024, for the second quarter ended March 31, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here . Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not...

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Warner Music Group (“Warner Music Group” or WMG”) confirms that on February 21, 2024 it approached Believe SA, a global digital music company headquartered in France and listed on the regulated market of Euronext Paris (“Believe” or the “Company”) to initiate discussions with respect to a potential combination of Believe with WMG (the “Transaction”) and that it indicated on February 27, 2024 that, at this stage, WMG thought it could...

NEW YORK, 07 mars 2024 (GLOBE NEWSWIRE) -- Warner Music Group (« Warner Music Group » ou « WMG ») confirme avoir approché la société française Believe SA (« Believe » ou la « Société ») le 21 février 2024 pour entamer des discussions en vue d’un rapprochement potentiel (l’ « Opération »). Believe est l’un des leaders mondiaux du marché de la musique numérique dont les actions sont admises aux négociations sur le marché réglementé d’Euronext Paris (« Believe » ou...

NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Bryan Castellani, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference on Tuesday, March 12 th , at 11:20 a.m. ET. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner...

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Robert Kyncl, Chief Executive Officer, will participate in a question and answer session during the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6 th , at 4:20pm PT. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner Music Group’s website (...

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on March 1, 2024, to stockholders of record as of the close of business on February 22, 2024. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an...

Financial Highlights Double-Digit Growth in Revenue and Adjusted OIBDA as both Recorded Music and Music Publishing Deliver Highest Quarterly Revenue in Company History Recorded Music Results Bolstered by an Acceleration in Subscription and Ad-Supported Streaming Music Publishing Momentum Continues with Fifth Consecutive Quarter of Increasing Revenue Growth Robust Operating Cash Flow Conversion of 65% of Adjusted OIBDA Launched Plan to Achieve $200 million in Annual Savings to be Reinvested into...

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, February 8, 2024, for the first quarter ended December 31, 2023, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here . Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you...

Financial Highlights Eclipsed $6 billion of total revenue for the first time in WMG’s history Acceleration in Q4 Streaming Growth Driven by Release Slate and Ad-Supported Improvement Continued Strength in Music Publishing with Double-Digit Revenue Growth for the Quarter and Full Year Strong Margin Expansion Outperformed Full-Year Expectations Achieved Robust Full-Year Operating Cash Flow Conversion of 56% in Line with Target For the three months ended September 30, 2023 Total revenue increased...

NEW YORK, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on December 1, 2023, to stockholders of record as of the close of business on November 21, 2023. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to...

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, November 16, 2023, for the fourth quarter and fiscal year ended September 30, 2023, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here . Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the...

NEW YORK, Aug. 23, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Robert Kyncl, Chief Executive Officer, will participate in a question and answer session during the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 6 th , at 8:10 a.m. PT. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner Music Group’s website (...

NEW YORK, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on September 1, 2023, to stockholders of record as of the close of business on August 24, 2023. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to...

Financial Highlights Improved Streaming Growth Driven by Stronger Release Slate with Momentum Expected to Carry into Q4 Robust Growth in Music Publishing Underpinned by Acceleration in Digital Revenue Adjusted OIBDA Growth and Margin Expansion Reinforce Confidence in High End of Full-Year Margin Guidance (100 basis points) Operating Cash Flow Conversion of 49% of Adjusted OIBDA with Expectation to Deliver 50% - 60% Conversion for Full Year For the three months ended June 30, 2023 Total revenue...

NEW YORK, July 11, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, August 8, 2023, for the third quarter ended June 30, 2023, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here . Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not...

NEW YORK, May 15, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Eric Levin, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the J.P. Morgan 51 st Annual Global Technology, Media and Communications Conference on Monday, May 22 nd , at 11:20am ET. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of...

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.16 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on June 1, 2023, to stockholders of record as of the close of business on May 23, 2023. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an...