CSIMarket
 
Warner Music Group Corp   (WMG)
Other Ticker:  
 
    Sector  Services    Industry Movies and Entertainment
   Industry Movies and Entertainment
   Sector  Services
 
Price: $32.9400 $-0.01 -0.030%
Day's High: $33.23 Week Perf: -3.29 %
Day's Low: $ 32.74 30 Day Perf: -9.73 %
Volume (M): 1,306 52 Wk High: $ 38.05
Volume (M$): $ 43,020 52 Wk Avg: $31.70
Open: $32.79 52 Wk Low: $23.62



 Market Capitalization (Millions $) 17,458
 Shares Outstanding (Millions) 530
 Employees 5,800
 Revenues (TTM) (Millions $) 6,297
 Net Income (TTM) (Millions $) 508
 Cash Flow (TTM) (Millions $) 170
 Capital Exp. (TTM) (Millions $) 230

Warner Music Group Corp
Warner Music Group Corp, commonly referred to as Warner Music, is a multinational entertainment and record label company headquartered in New York City. The company was originally founded in 1958 as Warner Bros-Seven Arts, but after various mergers and acquisitions, it was officially renamed Warner Music Group Corp in 2003. Today, Warner Music is one of the largest and most influential music labels in the world, with a diverse portfolio of artists and labels spanning a wide range of genres.

Warner Music Group Corp has a vast and diverse catalogue, with over4 million recorded songs and a roster of some of the biggest names in the music industry today. The company has a global reach, with operations in over 50 countries worldwide, and controls an impressive array of subsidiary labels and music publishing companies, including Atlantic Records, Elektra Records, Parlophone Records, and Warner Chappell Music.

The company's success can be attributed, in part, to its keen focus on innovation and digital technology implementation. Warner Music Group Corp is one of the few major record labels that has embraced the digital revolution, and some of its most successful artists, such as Ed Sheeran and Bruno Mars, have become stars through Youtube and other social media platforms.

Warner Music Group Corp has also been proactive in seeking out new acquisition and expansion opportunities. In recent years, the company has invested in companies such as Shazam - a music and sound recognition app - and the Chinese streaming service, Tencent Music Entertainment. The company's expansion efforts are also reflected in its recent initial public offering (IPO), which raised over $2bn.

Overall, Warner Music Group Corp is a dominant force in the global music industry, with a strong and diverse portfolio of artists, a substantial catalogue and a keen focus on innovation and expansion. Its vast array of subsidiaries and affiliated companies, combined with its global reach, have helped cement its status as a leading player in the world of music.


   Company Address: 1633 Broadway New York 10019 NY
   Company Phone Number: 275-2000   Stock Exchange / Ticker: NASDAQ WMG
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Merger and Acquisition

Warner Music Group Confirms Its Indication of Interest in Relation to French Digital Music Company Believe SA

Published Thu, Mar 7 2024 7:30 AM UTC

Warner Music Group's Potential Combination with Believe SA: A Strategic Move in the Digital Music Industry
NEW YORK, March 07, 2024 - In a recent development in the digital music industry, Warner Music Group (WMG) has confirmed its interest in a potential combination with Believe SA, a global digital music company based in France. The discussions between the two companie...

Dividend

Warner Music Group Corp.'s Dividend Announcement Highlights Continued Growth and Potential

Published Mon, Feb 12 2024 1:25 PM UTC

Warner Music Group Corp. Announces Quarterly Cash Dividend: A Positive Outlook for Shareholders
NEW YORK, Feb. 12, 2024 ?? Warner Music Group Corp. (WMG) has recently made an exciting announcement that is sure to delight its shareholders. The company's Board of Directors has declared a regular quarterly cash dividend of $0.17 per share on WMG's Class A Common Stock and C...

Warner Music Group Corp

Warner Music Group Corp Records Remarkable 30.43% EPS Surge and Revenue Growth in Q4, 2023

Warner Music Group Corp had a strong fiscal quarter ending on December 31, 2023, with impressive growth in profit per share and revenue. The company reported a 30.43% jump in profit per share to $0.30, and a 17.473% improvement in revenue to $1.75 billion compared to the same period in the prior year. Net profits also saw a significant increase, rising by 55.65% to $193.000 million.
The company highlighted its improving profit margins, with the net margin reaching 11.04% and the operating margin increasing to 20.25%. Warner Music Group Corp also noted a decline in inventories to $106.0 million, but an increase in accounts receivable to $1,195.0 million, indicating rising demand for its products.

Warner Music Group Corp

Advanced Analysis Reveals Warner Music Group Corp's Modest Revenue Growth in Recent Fiscal Period2.

Warner Music Group Corp, a Movies and Entertainment company, recently reported its numbers for the most recent fiscal period, revealing some interesting facts about the company's performance. Despite facing challenges, the company managed to achieve a modest increase in revenue and made improvements in several crucial areas.
In terms of revenue, Warner Music Group Corp saw a 5.945% year-over-year increase, reaching $1.59 billion compared to $1.50 billion in the prior year reporting season. This growth may be considered modest when compared to its contemporaries in the Movies and Entertainment industry, who reported a top-line gain of 27.63% in the corresponding period. However, it is still a positive sign for the company.

Dividend

Warner Music Group Corp. Announces Quarterly Cash Dividend amidst Impressive Stock Performance

Published Thu, Nov 9 2023 1:20 PM UTC

Warner Music Group Corp. Announces Quarterly Cash Dividend
Warner Music Group Corp. (WMG) has recently announced that its Board of Directors has declared a regular quarterly cash dividend of $0.17 per share on WMG's Class A Common Stock and Class B Common Stock. This news comes in conjunction with the solid performance of Warner Music Group Corp shares, recording a gain ...






 

Warner Music Group's Segments
 
 
• View Complete Report




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com