Warner Music Group Corp. (WMG)
NASDAQ: WMG · Real-Time Price · USD
31.18
-2.49 (-7.40%)
Nov 21, 2024, 4:00 PM EST - Market closed

Company Description

Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally.

It operates through Recorded Music and Music Publishing segments. The Recorded Music segment is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by such recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials; and conducts its operation primarily through a collection of record labels, such as Warner Records and Atlantic Records, as well as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin’ Records, Warner Classics, and Warner Music Nashville.

This segment markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services.

The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions.

Its catalog includes approximately 150,000 songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel.

This segment also administers the music and soundtracks of various third-party television and film producers and studios.

The company was founded in 1929 and is headquartered in New York, New York.

Warner Music Group Corp.
Warner Music Group logo
Country United States
Founded 1929
IPO Date Jun 3, 2020
Industry Entertainment
Sector Communication Services
Employees 5,900
CEO Robert Kyncl

Contact Details

Address:
1633 Broadway
New York, New York 10019
United States
Phone 212 275 2000
Website wmg.com

Stock Details

Ticker Symbol WMG
Exchange NASDAQ
Fiscal Year October - September
Reporting Currency USD
IPO Price $25.00
CIK Code 0001319161
CUSIP Number 934550203
ISIN Number US9345502036
Employer ID 13-4271875
SIC Code 7900

Key Executives

Name Position
Guy Moot Co-Chair and Chief Executive Officer of Warner Chappell Music
Robert Kyncl President, Chief Executive Officer and Director
Carianne Marshall Co-Chair and Chief Operating Officer of Warner Chappell Music
Bryan Castellani Executive Vice President and Chief Financial Officer
Timothy Matusch Executive Vice President of Strategy and Operations
Ariel Bardin President of Technology
Kareem Chin Senior Vice President and Head of Investor Relations
Paul Martin Robinson Esq., J.D. Executive Vice President and General Counsel
Trent N. Tappe Esq. Senior Vice President, Deputy General Counsel, Chief Compliance Officer and Secretary
James Steven Executive Vice President and Chief Communications Officer

Latest SEC Filings

Date Type Title
Nov 21, 2024 10-K Annual Report
Nov 21, 2024 8-K Current Report
Nov 21, 2024 S-3ASR Automatic shelf registration statement of securities of well-known seasoned issuers
Nov 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 8, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Nov 8, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Nov 8, 2024 8-K Current Report
Nov 4, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Oct 24, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals