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Warner Music Group Suffers a Major Credit Card Hack

Dylan Smith
September 8, 2020
Big Three label Warner Music Group (WMG) has suffered a major data breach and credit card hack. Warner Music Group officials recently confirmed the unsettling development in a letter, which was promptly disp... Read More...
IMGN Warner Music

Warner Music Group Acquires Viral Experts IMGN Media for Under $100 Million

Ashley King
August 14, 2020
Warner Music Group is acquiring a viral social media content tracking company called IMGN Media. The Tel Aviv and New York-based startup can identify viral content across several genres like eSports, gaming,... Read More...
Latest Industry Jobs: Warner Music, CMG, Decca Records, More...

Warner Music Group Issues $550 Million Senior Secured Notes Offering

Dylan Smith
August 6, 2020
3
Warner Music Group (WMG) has announced that it will offer $550 million worth of senior secured notes to investors. The Big Three record label detailed its plan to raise capital via secured notes this morning... Read More...

Tunecore, Believe Digital Sued for Massive and Willful Copyright Infringement

Dylan Smith
August 3, 2020
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New York City-headquartered publisher Round Hill Music has filed a massive copyright infringement lawsuit against Paris-based indie label distribution company Believe Digital and its TuneCore subsidiary. Rou... Read More...
Josh Richards

Warner Music Is Now Signing TikTok Stars — Starting With Josh Richards

Ashley King
July 28, 2020
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Warner Music is launching a new joint music venture with TalentX Entertainment and Josh Richards. The first artist to sign a recording contract with the joint venture is Josh Richards. Richards has over 20 m... Read More...
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TikTok & Believe Strike a Global Distribution and Marketing Deal

Dylan Smith
July 22, 2020
Short-form video-sharing giant TikTok has struck a global distribution and marketing deal with Paris-based indie distributor Believe. TikTok announced the agreement from its London offices today. Under the d... Read More...

Warner Music Group Names Board Members for $100MM Social Justice Fund

Dylan Smith
July 21, 2020
Last month, in the wake of nationwide protests, each of the Big Three record labels – Warner Music, Universal Music, and Sony Music – established a multimillion-dollar social justice fund. Now, Warner has ann... Read More...

Universal Music Group, Warner Music Group, Sony Music Entertainment Unilaterally Support the Justice in Policing Act of 2020 — Here’s Their Statement

Paul Resnikoff
June 17, 2020
The 'Big Three' major labels were joined in their support of the Justice in Policing Act by music industry organizations A2IM, ARA, BMAC, FMC, MAC, RIAA and SONA. Mega-label groups Universal Music Group, War... Read More...
Warner Music Group's Revenue Surpassed $1 Billion Last Quarter

Moments After Its IPO, Warner Music Group Offers $535 Million In Senior Secured Notes

Dylan Smith
June 17, 2020
Having returned to Wall Street — and generated almost $2.5 billion — earlier this month, Warner Music Group (WMG) is moving forward with plans to issue $535 million worth of senior secured notes. Warner Musi... Read More...
Tencent Warner Music

Tencent Music Acquires 5% of Warner Music Group Class A Shares — $100MM+ Investment

Dylan Smith
June 12, 2020
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Tencent Music, a subsidiary of Chinese conglomerate Tencent, has acquired approximately 5.2 percent of Warner Music Group's Class A shares. Tencent Music’s substantial investment was revealed in a Securities... Read More...
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One Week Later — How’s Warner Music Group’s Stock Doing?

Dylan Smith
June 10, 2020
One week ago, Warner Music Group (WMG) returned to the stock market in a big way, with investors pushing its per-share value up by more than 20 percent – and adding almost $400 million to its market cap – in ... Read More...

Republic Records Officially Bans the Word ‘Urban’ to Categorize Music

Paul Resnikoff
June 5, 2020
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Republic Records, a division of Universal Music Group and one of the largest labels in the world, has decided to ban the use of 'Urban' to categorize or describe their music. 'Urban' has been a standard indu... Read More...
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