News

WMG will reduce headcount by $170 million, CEO Robert Kyncl wrote in a memo to WMG staff on Tuesday, as part of an effort to "future-proof" the company and "reinvest in the business." ...
Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's ...
"While organizational change is a constant in our industry, I believe the foundation we've established will continue to serve ...
Cat Kreidich, who has been president of Warner Music's distribution company ADA for the past four years, is stepping down ...
Duque, who will continue to serve as president of Warner Music Latin America, was appointed a day after Cat Kreidich ...
Alejandro Duque has been named president of ADA, the independent distribution and label-services division of Warner Music ...
Warner Music Group Corp. announced a quarterly cash dividend of $0.18 per share on its Class A and Class B Common Stock, payable on March 4, 2025, to stockholders of record by February 24, 2025.
Warner Music Group Announces Major Executive Restructure, Max Lousada to Step Down 08/01/2024 The company’s digital revenue and streaming revenue were up 4.7% and 5.5% respectively, as ...
Warner Music Group and TikTok have announced a first-of-its-kind partnership to expand the licensing agreement of Warner Recorded Music and Warner Chappell Music to TikTok, TikTok Music, CapCut ...
Warner Music Group also argues that new devices, particularly smart speakers, “will fuel further growth in streaming and convert more casual listeners into paid subscribers.” ...
When billionaire Len Blavatnik bought Warner Music Group for $3.3 billion in 2011, the major labels were still reeling from the digital revolution that had turned the business upside down.