CSIMarket
 

Warner Music Group Corp   (NASDAQ: WMG)
    Sector  Services    Industry Movies and Entertainment
   Industry Movies and Entertainment
   Sector  Services

Warner Music Group 's

Competitiveness




 

WMG Sales vs. its Competitors Q3 2026



Comparing the current results to its competitors, Warner Music Group reported Revenue increase in the 3 quarter 2026 by 10.36 % year on year.
The sales growth was above Warner Music Group 's competitors' average revenue growth of 9.82 %, achieved in the same quarter.

List of WMG Competitors

With a net margin of 10.73 % Warner Music Group achieved higher profitability than its competitors.

More on WMG Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Warner Music Group Corp achieved net profit of $200.00 millions compared to a net loss of $-16.00 millions recorded in the same quarter a year ago.

<<  WMG Stock Performance Comparisons


Warner Music Group 's Comment on Competition and Industry Peers


The company operates in the Recorded Music and Music Publishing sectors, focusing on marketing strategies and the signing of recording artists and songwriters. Its Recorded Music business is influenced by technological developments and faces competition from advances made by other companies. It also competes for consumer discretionary spending against other entertainment forms, including cable and satellite television, motion pictures, and video games. The recorded music industry is characterized by high competition and rapid change, relying on artistic talent and the ability to develop and market new recording artists with commercially successful work. The company collaborates with technology platforms such as Spotify to develop responsible AI frameworks. Additionally, it plans to accelerate acquisitions through the Beethoven JV to expand its market share and capabilities.



  

Overall company Market Share Q3 2026

Company's competitiveness improved within Overall company, with revenue growth of 10.36 % and its market share increased to approx. 18.94 %.
<<  More on WMG Market Share.
 
*Market share is calculated based on total revenue.





Publicly Traded Peers of Warner Music Group Corp




Alliance Entertainment Holding Corporation
Share Performance



+1.41%
30 Days



Alliance Entertainment Holding Corporation
Profile

Alliance Entertainment Holding Corporation operates as a distributor of home entertainment products and provides a range of services to retailers, such as procurement, inventory management, and fulfillment. They leverage their extensive industry relationships and infrastructure to streamline distribution processes and offer retailers a comprehensive solution for sourcing and distributing entertainment products.

More about Alliance Entertainment Holding Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 293.037 mill. $ 1,148.987 mill. $ 13.058 mill.


Live Nation Entertainment Inc
Share Performance



-9.84%
30 Days



Live Nation Entertainment Inc
Profile

Live Nation Entertainment Inc's business model centers around being a leading live entertainment company. They primarily operate in the areas of concert promotions, ticketing services, and artist management. With a focus on creating live experiences and connecting artists with fans, they aim to generate revenue through ticket sales, event sponsorship, and ancillary services.

More about Live Nation Entertainment Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 41,464.213 mill. $ 26,272.535 mill. $ 364.563 mill.


Reservoir Media inc
Share Performance



+24.06%
This Year



Reservoir Media inc
Profile

Reservoir Media Inc is a music rights management company that acquires and manages catalogs of songs. They generate revenue by licensing music to various platforms such as films, TV shows, commercials, and streaming services. Additionally, Reservoir Media Inc actively seeks out opportunities to collaborate with songwriters, helping them monetize their compositions and expand their reach in the music industry.

More about Reservoir Media inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 610.187 mill. $ 179.982 mill. $ 7.962 mill.


Spotify Technology S a
Share Performance



+4.78%
Over The Past 5 Days



Spotify Technology S a
Profile

Spotify Technology S.A. operates on a freemium business model, offering basic services for free with ads, and premium subscriptions for an ad-free experience. The company earns revenue through advertising and paid subscriptions, where subscribers gain access to enhanced features and offline listening. Additionally, Spotify focuses on licensing and streaming music content, allowing users to discover and enjoy a vast library of songs across various devices and platforms.

More about Spotify Technology S a 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 116,602.083 mill. $ 19,248.320 mill. $ 2,477.440 mill.

Sources: Warner Music Group Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Warner Music Group Corp versus competitors, including market share analysis.
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