Warner Music Group is a music company with the interests of recording and publishing music, and artist services. The Company operates in two segments, Recorded Music and Music Publishing. The Recorded Music segment is involved in the discovery and development of artists, as well as the related marketing, distribution, and licensing of recorded music produced by such artists. This segment also specializes in marketing its music catalog through compilations and reissuances of previously released music and video titles. The Music Publishing segment owns and acquires rights to approximately one million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions.

Employee Rating

3.2More
TypeSubsidiary
HQNew York, US
Founded1958
Websitewmg.com
Warner Music was founded in 1958 and is headquartered in New York, US

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Key People/Management at Warner Music

Stu Bergen

Stu Bergen

CEO, International and Global Commercial Services
Aaron Bay-Schuck

Aaron Bay-Schuck

Co-Chairman & CEO, Warner Records
Mike Caren

Mike Caren

CEO of Artist Partners Group and Creative Officer
John Esposito

John Esposito

Chairman & CEO, Warner Music Nashville
Tom Corson

Tom Corson

Co-Chairman & COO, Warner Records
Julie Greenwald

Julie Greenwald

Chairman & COO, Atlantic Records Group
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Warner Music Office Locations

Warner Music has an office in New York
New York, US (HQ)
Paramount Plaza, 1633 Broadway
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Warner Music Financials and Metrics

Summary Metrics

Founding Date

1958

Warner Music Revenue

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View revenue for all periods
Warner Music's revenue was reported to be $4.48 b in FY, 2019
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

302.0m155.0m157.0m246.0m359.0m647.0m514.0m619.0m

Accounts Receivable

398.0m511.0m383.0m349.0m329.0m404.0m447.0m775.0m

Prepaid Expenses

44.0m59.0m55.0m60.0m51.0m44.0m50.0m53.0m

Inventories

28.0m33.0m39.0m42.0m41.0m39.0m42.0m74.0m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

290.0m168.0m272.0m219.0m189.0m294.0m102.0m129.0m149.0m142.0m145.0m218.0m168.0m278.0m316.0m345.0m455.0m476.0m567.0m776.0m612.0m905.0m548.0m470.0m541.0m462.0m484.0m

Accounts Receivable

357.0m421.0m306.0m327.0m418.0m328.0m309.0m566.0m394.0m449.0m436.0m338.0m343.0m408.0m318.0m353.0m384.0m361.0m380.0m499.0m42.7m444.0m789.0m781.0m744.0m882.0m763.0m

Prepaid Expenses

89.0m42.0m50.0m50.0m52.0m66.0m61.0m61.0m84.0m72.0m56.0m52.0m58.0m60.0m64.0m60.0m59.0m57.0m57.0m47.0m62.0m58.0m53.0m57.0m57.0m58.0m82.0m

Inventories

28.0m29.0m27.0m27.0m27.0m25.0m25.0m34.0m35.0m37.0m39.0m36.0m39.0m41.0m41.0m38.0m36.0m36.0m38.0m38.0m39.0m40.0m66.0m65.0m67.0m65.0m65.0m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(112.0m)(194.0m)(303.0m)(147.0m)30.0m149.0m312.0m258.0m

Depreciation and Amortization

244.0m258.0m321.0m293.0m251.0m261.0m269.0m

Inventories

1.0m(5.0m)(7.0m)(6.0m)1.0m(3.0m)3.0m

Accounts Payable

39.0m73.0m(87.0m)23.0m48.0m82.0m3.0m
Quarterly
USDQ3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(102.0m)(26.0m)(60.0m)(94.0m)(80.0m)(78.0m)(141.0m)(36.0m)(97.0m)(279.0m)(41.0m)(22.0m)(65.0m)28.0m40.0m33.0m24.0m44.0m187.0m5.0m4.0m325.0m86.0m153.0m167.0m122.0m46.0m

Depreciation and Amortization

196.0m182.0m61.0m120.0m181.0m78.0m157.0m238.0m93.0m284.0m233.0m75.0m175.0m225.0m63.0m126.0m190.0m65.0m134.0m205.0m68.0m165.0m203.0m71.0m170.0m

Inventories

10.0m1.0m1.0m2.0m2.0m(1.0m)(2.0m)(4.0m)(1.0m)(1.0m)(3.0m)(1.0m)(1.0m)3.0m3.0m3.0m2.0m2.0m1.0m(1.0m)13.0m13.0m12.0m10.0m9.0m

Accounts Payable

(169.0m)(79.0m)(53.0m)(74.0m)(80.0m)(79.0m)(121.0m)(96.0m)(47.0m)(49.0m)(86.0m)(11.0m)(41.0m)(47.0m)(12.0m)(43.0m)(55.0m)(23.0m)(100.0m)(84.0m)(92.0m)(100.0m)(94.0m)(44.0m)(109.0m)
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Warner Music Operating Metrics

FY, 2017

Artwork Copyrights

1 m

Countries

51

Songwriters and Composers

70 k
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Warner Music Acquisitions / Subsidiaries

Company NameDateDeal Size
Uproxx MediaAugust 03, 2018

Warner Music Revenue Breakdown

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Warner Music revenue breakdown by business segment: 84.1% from Recorded Music and 15.9% from Music Publishing

Warner Music revenue breakdown by geographic segment: 44.4% from United States, 14.6% from United Kingdom and 41.0% from All Other Territories

Warner Music Online and Social Media Presence

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Warner Music News and Updates

Spotify’s new Warner Music deal will bring tunes from Ed Sheeran, Coldplay, and Linkin Park to India soon

Since Spotify launched in India last year, one of the major gripes listeners had was the absence of major artists such as Coldplay, Linkin Park, Led Zeppelin, and Ed Sheeran. Now, the streaming service has signed a new global licensing deal with Warner Music Group (WMG) that allows users in India to…

Warner Music Group files for an IPO as streaming services boost labels

Warner Music Group filed for an IPO with the Securities and Exchange Commission on Thursday as streaming services continue to boost the music industry. The offering is Warner's second, as a slew of private-equity firms took the company public in 2005 after buying it from Time Warner the previous y…

Warner Music Group plans an IPO, 15 years after its last one

Warner Music Group Corp. filed plans for an initial public offering Thursday, 15 years after its last IPO and nine years after the company was taken private. Warner Music, one of three large companies that dominate the recorded-music industry, said in a filing with the Securities and Exchange Commis…

Warner Music group files for initial public offering

Warner Music Group filed for an initial public offering on Thursday, making it the latest high-profile company opting for a public listing in 2020.

Cardi B’s Record Label Warner Music Files for Share Sale

Cardi B’s Record Label Warner Music Group Files For U.S. IPO

Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2019

NEW YORK, Jan. 31, 2020 (GLOBE NEWSWIRE) --  Warner Music Group Corp. today announced its first-quarter financial results for the period ended December 31, 2019.
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Warner Music Blogs

Warner Music Frequently Asked Questions

  • When was Warner Music founded?

    Warner Music was founded in 1958.

  • Who are Warner Music key executives?

    Warner Music's key executives are Stu Bergen, Aaron Bay-Schuck and Mike Caren.

  • What is Warner Music revenue?

    Latest Warner Music annual revenue is $4.5 b.

  • Who are Warner Music competitors?

    Competitors of Warner Music include TuneCore, CD Baby and Loudr.

  • Where is Warner Music headquarters?

    Warner Music headquarters is located at Paramount Plaza, 1633 Broadway, New York.

  • Where are Warner Music offices?

    Warner Music has an office in New York.

  • How many offices does Warner Music have?

    Warner Music has 1 office.