WARNER MUSIC GROUP overview

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 9, 2024, for the second quarter ended March 31, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here . Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not...

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Warner Music Group (“Warner Music Group” or WMG”) confirms that on February 21, 2024 it approached Believe SA, a global digital music company headquartered in France and listed on the regulated market of Euronext Paris (“Believe” or the “Company”) to initiate discussions with respect to a potential combination of Believe with WMG (the “Transaction”) and that it indicated on February 27, 2024 that, at this stage, WMG thought it could...

NEW YORK, March 05, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Bryan Castellani, Executive Vice President and Chief Financial Officer, will participate in a question and answer session during the Deutsche Bank 32nd Annual Media, Internet & Telecom Conference on Tuesday, March 12 th , at 11:20 a.m. ET. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner...

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) announced today that Robert Kyncl, Chief Executive Officer, will participate in a question and answer session during the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6 th , at 4:20pm PT. A live webcast of the session will be available to the general public through a link on the Investor Relations homepage of Warner Music Group’s website (...

NEW YORK, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. (“Warner Music Group” or “WMG”) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.17 per share on WMG’s Class A Common Stock and Class B Common Stock. The dividend is payable on March 1, 2024, to stockholders of record as of the close of business on February 22, 2024. About Warner Music Group With a legacy extending back over 200 years, Warner Music Group today is home to an...

Financial Highlights Double-Digit Growth in Revenue and Adjusted OIBDA as both Recorded Music and Music Publishing Deliver Highest Quarterly Revenue in Company History Recorded Music Results Bolstered by an Acceleration in Subscription and Ad-Supported Streaming Music Publishing Momentum Continues with Fifth Consecutive Quarter of Increasing Revenue Growth Robust Operating Cash Flow Conversion of 65% of Adjusted OIBDA Launched Plan to Achieve $200 million in Annual Savings to be Reinvested into...

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, February 8, 2024, for the first quarter ended December 31, 2023, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here . Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you...

Financial Highlights Eclipsed $6 billion of total revenue for the first time in WMG’s history Acceleration in Q4 Streaming Growth Driven by Release Slate and Ad-Supported Improvement Continued Strength in Music Publishing with Double-Digit Revenue Growth for the Quarter and Full Year Strong Margin Expansion Outperformed Full-Year Expectations Achieved Robust Full-Year Operating Cash Flow Conversion of 56% in Line with Target For the three months ended September 30, 2023 Total revenue increased...