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warner music group

Warner Music Group Reports Record Quarterly Earnings, Strong Digital Growth Despite Pandemic

Dylan Smith
February 1, 2021
3
In spite of the COVID-19 pandemic, Warner Music Group (WMG) secured all-time-high quarterly earnings (as a standalone company) and experienced double-digit digital growth during the first quarter of its fiscal ... Read More...
Warner Music Group and Rotana Music Prepare to Make Deal

Warner Music Group Is Eyeing a $200 Million Stake In Prince al-Waleed bin Talal’s Rotana Music

Dylan Smith
January 28, 2021
Warner Music Group is reportedly preparing to purchase a minority stake in Rotana Music, a record label owned by billionaire Saudi businessman Al-Waleed bin Talal. Outlets including The Wall Street Journal h... Read More...
music labels pull contributions from GOP

All Three Major Music Labels Suspend Contributions to GOP Members Who Voted Against Election Certification

Ashley King
January 19, 2021
All three major music labels — Warner Music Group, Universal Music Group, and Sony Music Entertainment — are pulling contributions from GOP members who voted against certifying the 2020 presidential election ... Read More...
warner music group

Warner Music Group Earnings Call Slated for February 1st — Here’s What to Expect

Dylan Smith
January 19, 2021
Warner Music Group has scheduled its Q1 FY 2021 earnings call (covering the three months ending on December 31st, 2020) for Monday, February 1st. Here’s a brief rundown of what to expect from the Big Three re... Read More...

Warner Music Group CEO Stephen Cooper Receives $6.64 Million In WMG Shares as Stock Price Surges

Dylan Smith
January 15, 2021
Warner Music Group (WMG) CEO Stephen Cooper received 189,856 of his company’s Class A shares this month as part of a “long-term incentive plan,” while other higher-ups received a smaller number of shares, per... Read More...

Ariel Pink Dropped by Label After Attending Pro-Trump Rally In Washington, D.C.

Paul Resnikoff
January 10, 2021
Ariel Pink has officially been dropped by his label, Mexican Summer, for attending a pro-Trump rally in Washington, D.C. on January 6th. Ariel Pink didn't storm the U.S. Capitol alongside other protesters, t... Read More...
warner music group

Warner Music Group Joins Roblox’s $520 Million Raise Ahead of Wall Street Direct Listing

Dylan Smith
January 7, 2021
Warner Music Group has participated in Roblox’s $520 million Series H funding round ahead of the social gaming platform’s debut on the public market through a Spotify-style direct listing. Roblox recently an... Read More...
warner music group

Warner Music Group (WMG) Stock: Is It Time to Buy?

Dylan Smith
November 24, 2020
2
Following the release of WMG’s relatively solid fourth-quarter earnings report, many observers and prospective investors are asking whether it’s time to purchase Warner Music Group stock. On Monday, the New ... Read More...
Vivendi shareholders approve plan for UMG IPO

Believe Digital Is Reportedly Flirting With a $2.4 Billion IPO

Dylan Smith
November 13, 2020
Believe Digital is reportedly considering a 2021 IPO, which would generate nearly $2.4 billion (€2 billion). A recent report from Reuters shed light upon the multibillion-dollar flotation, but Believe Digita... Read More...
warner music group

Warner Music Group Faces Third Class-Action Lawsuit Over Massive Credit Card Hack

Dylan Smith
September 28, 2020
Warner Music Group is facing a third class-action lawsuit over the months-long hack that compromised the personal and financial information of more than a few of its customers. Digital Music News first repor... Read More...

Warner Music Group Faces Another Lawsuit Over Its Massive Site Hack

Dylan Smith
September 17, 2020
1
On Monday, Digital Music News was first to report that Warner Music Group (WMG) was facing a class-action lawsuit over the months-long hack that affected many of its e-commerce websites. Now, the Big Three re... Read More...

Warner Music Group Faces Class Action Lawsuit Over Months-Long Hack

Dylan Smith
September 14, 2020
4
Six days back, Digital Music News was first to report that “a number of e-commerce websites” operated by Warner Music Group (WMG) had suffered a major credit card hack. Now, the Big Three record label is faci... Read More...
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