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.
| 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 |
|---|---|
| Robert Kyncl | President, Chief Executive Officer and Director |
| Max Lousada | Chief Executive Officer of Warner Recorded Music |
| Guy Moot | Co-Chair and Chief Executive Officer of Warner Chappell Music |
| 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 |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 8, 2024 | 8-K | Current Report |
| Feb 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 12, 2024 | 8-K | Current Report |
| Feb 9, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 8, 2024 | 10-Q | Quarterly Report |
| Feb 7, 2024 | 8-K | Current Report |
| Jan 24, 2024 | 8-K | Current Report |
| Jan 18, 2024 | ARS | Filing |