Who needs Spotify? Warner Music is making $270M a year from ‘alternative offerings’
Warner Music Group is now earning $270 million per year in addition to revenue from music streaming, sales. publishing and other traditional music income sources. WMG is earning these millions. Continue reading
Warner Music Group, Lightbox partner to create music TV, films
WMG’s film and television department has struck up a deal with film and TV company Lightbox co-create a variety of non-fiction film and TV projects which will likely benefit both. Continue reading
Warner Music Group Revenue Flat In 2020
Warner Music Group posted their Q4 and full-year results this week showing that revenue was largely unchanged in 2020 for the world’s third-largest music group. According to WMG’s financial statements,. Continue reading
WMG Plans $338M In Major Music Acquisitions
Warner Music Group revealed that its subsidiary WMG Acquisition Corp has raised more than $250 million in capital to help fund a pair of acquisitions worth a total of $338. Continue reading
WMG NASDAQ IPO Today At $25 Share Price
Warner Music Group will debut on the NASDAQ stock exchange Wednesday at a $25.00 IPO share price for 77,000,000 shares of Class A common stock. The size of the IPO. Continue reading
Scammers Targets Artists Using Fake ‘Warner Music Group’ Offer
In spite, or more likely because of the vulnerable state musicians currently find themselves in, a group of scammers have been using a fake Warner Music Group offer to offer. Continue reading
Spotify, Warner Music Group Sign ‘Expanded’ Global Licensing Deal
Warner Music Group and Spotify have signed a new “expanded” global licensing deal both companies announced on Wednesday. A joint statement reads: “Warner Music Group and Spotify are pleased to. Continue reading
Warner Music IPO Suggests Streaming Price Increase
While Warner Music Group and now UMG’s announcements that they will file for an IPO are not especially surprising, indications in WMG’s filing that an increase in streaming prices could. Continue reading
WMG IPO: All You Need to Know [MARK MULLIGAN]
Yesterday’s ‘surprise’ IPO announcement from Warner Music Group is already sending ripples through the music industry eco-system. Top MIDiA analyst Mark Mulligan puts it all into context. Throughout the last. Continue reading
Warner Music Group Files For IPO (Again)
UPDATE: Warner Music Group (WMG) has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering that will take the third-largest music group public again Warner. Continue reading
