WARNER MUSIC GROUP CORP.


Associated tags: UPROXX, Social media, WMG, Songkick, HipHopDX, Parlophone, Sire, Warner Music Group, IMGN, Culture, Reprise, Catalog, Warner Records, Rhinoceros, Roadrunner, EMP, Great American Songbook, WMX, Warner Chappell Music, Song book, Warner Classics, Sound, Music

Locations: MONTANA, MIDDLE EAST, TEXAS, NEW YORK, NY, US

Warner Music Group Corp. To Conduct Earnings Conference Call on Thursday, May 9, 2024

Retrieved on: 
Wednesday, April 10, 2024

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.

Key Points: 
  • 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.
  • Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call.
  • If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com.
  • The replay of the conference call will also be available via the webcast at www.wmg.com .

AYUSHMANN KHURRANA SIGNS GLOBAL DEAL WITH WARNER MUSIC INDIA

Retrieved on: 
Wednesday, April 3, 2024

MUMBAI, India, April 2, 2024 /PRNewswire/ -- Bollywood superstar Ayushmann Khurrana, an actor and recording artist known both for his blockbuster movies and chartbusting songs, has signed a global recording deal with Warner Music India, the country's leading music label, in the next chapter of his artist career.

Key Points: 
  • MUMBAI, India, April 2, 2024 /PRNewswire/ -- Bollywood superstar Ayushmann Khurrana, an actor and recording artist known both for his blockbuster movies and chartbusting songs, has signed a global recording deal with Warner Music India, the country's leading music label, in the next chapter of his artist career.
  • Signing with Warner Music India will enable Khurrana to access the label's global ecosystem, helping him connect with audiences and artists beyond India's borders.
  • Alfonso Perez Soto, President, Emerging Markets, Warner Music Group adds: "Ayushmann already enjoys immense popularity in India and among the global Indian diaspora.
  • L-R in the attached photo: Jay Mehta, Max Lousada, Ayushmann Khurrana, Alfonso Perez-Soto
    View original content to download multimedia: https://www.prnewswire.com/news-releases/ayushmann-khurrana-signs-global...
    SOURCE Warner Music Group Corp.

WARNER MUSIC EXPANDS DEAL WITH JETSYNTHESYS' GLOBAL MUSIC JUNCTION

Retrieved on: 
Wednesday, March 20, 2024

MUMBAI, India, March 20, 2024 /PRNewswire/ -- Warner Music India has expanded its partnership with Global Music Junction (GMJ), the music and entertainment subsidiary of JetSynthesys.  The companies struck a distribution deal in 2021, but this new agreement sees Warner Music make a strategic investment in GMJ, giving it a seat on the board.  The move will establish Warner Music India as the largest player in the central Indian music market.

Key Points: 
  • MUMBAI, India, March 20, 2024 /PRNewswire/ -- Warner Music India has expanded its partnership with Global Music Junction (GMJ), the music and entertainment subsidiary of JetSynthesys.
  • Bhojpuri is the fastest-growing language in India, and this move makes Warner Music the largest player in its music market.
  • Warner Music's investment in Global Music Junction and its continued collaboration with us will fast track the increasing expansion of India's regional music industry.
  • Group Image (L-R): Parimit Parmar, Executive Director & COO at JetSynthesys; Alfonso Perez Soto, President, Emerging Markets, Warner Music; Jay Mehta, Managing Director of Warner Music India; Rajkumar Singh, CEO, Global Music Junction

Warner Music Group Confirms Its Indication of Interest in Relation to French Digital Music Company Believe SA

Retrieved on: 
Thursday, March 7, 2024

WMG reaffirms its interest in the potential Transaction and considers that such a combination would be beneficial to the Company and all of its other stakeholders (shareholders, employees, artists and labels).

Key Points: 
  • WMG reaffirms its interest in the potential Transaction and considers that such a combination would be beneficial to the Company and all of its other stakeholders (shareholders, employees, artists and labels).
  • In addition, WMG envisages financial terms that would be more attractive than those announced by the Consortium.
  • The dissemination, publication or distribution of this press release may be subject to specific regulations or restrictions in certain jurisdictions.
  • WMG disclaims any responsibility or liability for the violation of any such restrictions by any person.

Warner Music Group Corp. to Participate in Deutsche Bank’s Media, Internet & Telecom Conference

Retrieved on: 
Tuesday, March 5, 2024

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 12th, at 11:20 a.m.

Key Points: 
  • 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 12th, 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 Music Group’s website ( https://investors.wmg.com/events-and-presentations/upcoming-events ).
  • A replay of the audio webcast will be available in the Past Events section of Warner Music Group’s Investor Relations homepage.

Warner Music Group Corp. to Participate in Morgan Stanley Technology, Media & Telecom Conference

Retrieved on: 
Wednesday, February 28, 2024

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 6th, at 4:20pm PT.

Key Points: 
  • 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 6th, 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 ( https://investors.wmg.com/events-and-presentations/upcoming-events ).
  • A replay of the audio webcast will be available in the Past Events section of Warner Music Group’s Investor Relations homepage.

Warner Music Group Corp. Announces Quarterly Cash Dividend

Retrieved on: 
Monday, February 12, 2024

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.

Key Points: 
  • 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.

Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2023

Retrieved on: 
Wednesday, February 7, 2024

NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. today announced its first-quarter financial results for the period ended December 31, 2023.

Key Points: 
  • Excluding the Licensing Extension, the BMG Termination and the Digital License Renewal, total revenue was up 12.1% (or 10.6% in constant currency).
  • Digital revenue increased 16.0% (or 15.1% in constant currency) and streaming revenue increased 16.6% (or 15.9% in constant currency).
  • Capital expenditures increased 38% to $29 million from $21 million in the prior-year quarter, mainly due to increased investment in technology.
  • Free Cash Flow, as defined below, increased 40% to $264 million from $188 million in the prior-year quarter.

Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 8, 2024

Retrieved on: 
Monday, January 8, 2024

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.

Key Points: 
  • 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.
  • Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call.
  • If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com.
  • The replay of the conference call will also be available via the webcast at www.wmg.com.