Warner Music Group Reports Solid Quarterly Earnings, Streaming Revenue Up 47%
[UPDATE 2] Warner Music Group reported that revenue grew 8.0% in the quarter ending December 31st, 2016. Digital revenue contributed strongly to the earning jump rising 27.6% for the quarter. Overall net income. Continue reading
Warner Music Group Swings To Profitable Thanks To Streaming, Plans $50 Million Debt Buyback
I'm so used to reporting how much major label groups lose each quarter, that I had to read these results several times before believing them: Warner Music Group reported a. Continue reading
Is Access Industries Building A Full Stack Company A Or Media-tech Conglomerate? [Mark Mulligan]
As many music industry companies flounder for profitability, investors like Access Industries are looking to purchase and combine these companies into something referred to as the Full Stack model, but will. Continue reading
Warner Music Group Names Nokia Exec Jonathan Dworkin SVP Digital
Digital for most industries including music increasingly leans mobile, and Warner Music Group acknowledged that today with the appointment of Jonathan Dworkin as Senior Vice President, Digital Strategy & Business. Continue reading
Clear Channel and Warner Music Ink Deal For Royalties, Promotion
Clear Channel, America's largest radio broadcast chain, and Warner Music Group have announced a strategic partnership that they say is aimed at driving digital growth, increasing radio listenership and "heightened. Continue reading
Warner Music Group Puts Focus On Nashville
WEA Corp. President John Esposito To Head New Division Jbara Promoted To Head WEA. Bennett Steps Down. At a time when labels are cutting back, WMG is instead shifting resources. Continue reading
WMG Loss Widens, Cancels Dividends
Warner Music Group representatives had a difficult time sounding optimistic this morning as the reported quarterly earnings: A loss of $28 million or $.23 per diluted share increased from a. Continue reading
