Warner Music Group

Warner Music Group is a music entertainment company. Its family of record labels includes Atlantic Records, Warner Records, Elektra Records, and Parlophone Records. The company operates across 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 reissues of previously released music and video titles. The Music Publishing segment owns and acquires rights to musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions.

Employee Rating

3.9More
TypeSubsidiary
HQNew York, NY, US
Founded1958
Websitewmg.com
Cybersecurity ratingAMore
Warner Music Group was founded in 1958 and is headquartered in New York, NY, US

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Key People/Management at Warner Music Group

Maria Osherova

Maria Osherova

Executive Vice President & Chief People Officer
Max Lousada

Max Lousada

CEO, Recorded Music
Stephen F. Cooper

Stephen F. Cooper

CEO
Maurice Stinnett

Maurice Stinnett

Head of Global Equity, Diversity & Inclusion
Eric Levin

Eric Levin

Executive Vice President & CFO
Carianne Marshall

Carianne Marshall

Co-Chair & COO, Warner Chappell Music
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Warner Music Group Office Locations

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

Summary Metrics

Founding Date

1958

Warner Music Group Revenue

Embed Graph
View revenue for all periods
Warner Music Group'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, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

290.0m168.0m272.0m219.0m189.0m294.0m102.0m129.0m149.0m142.0m145.0m218.0m168.0m278.0m316.0m345.0m455.0m476.0m567.0m776.0m612.0m905.0m548.0m470.0m541.0m462.0m484.0m532.0m566.0m588.0m

Accounts Receivable

357.0m421.0m306.0m327.0m418.0m328.0m309.0m566.0m394.0m449.0m436.0m338.0m343.0m408.0m318.0m353.0m384.0m361.0m380.0m499.0m42.7m444.0m789.0m781.0m744.0m882.0m763.0m732.0m884.0m783.0m

Prepaid Expenses

89.0m42.0m50.0m50.0m52.0m66.0m61.0m61.0m84.0m72.0m56.0m52.0m58.0m60.0m64.0m60.0m59.0m57.0m57.0m47.0m62.0m58.0m53.0m57.0m57.0m58.0m82.0m71.0m61.0m60.0m

Inventories

28.0m29.0m27.0m27.0m27.0m25.0m25.0m34.0m35.0m37.0m39.0m36.0m39.0m41.0m41.0m38.0m36.0m36.0m38.0m38.0m39.0m40.0m66.0m65.0m67.0m65.0m65.0m59.0m71.0m79.0m
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, 2020Q3, 2020Q1, 2021Q2, 2021

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(471.0m)99.0m215.0m

Depreciation and Amortization

196.0m182.0m61.0m120.0m181.0m78.0m157.0m238.0m93.0m284.0m233.0m75.0m175.0m225.0m63.0m126.0m190.0m65.0m134.0m205.0m68.0m165.0m203.0m71.0m170.0m194.0m71.0m148.0m

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)13.0m13.0m12.0m10.0m9.0m16.0m11.0m1.0m

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)(113.0m)(35.0m)(119.0m)
USDQ3, 2011

Financial Leverage

-12.4 x
Show all financial metrics

Warner Music Group Operating Metrics

FY, 2017

Artwork Copyrights

1 m

Countries

51

Songwriters and Composers

70 k
Show all operating metrics

Warner Music Group Acquisitions / Subsidiaries

Company NameDateDeal Size
IMGN MediaAugust 14, 2020
UproxxAugust 03, 2018

Warner Music Group Revenue Breakdown

Embed Graph

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

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

Warner Music Group Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Warner Music Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Warner Music Group Online and Social Media Presence

Embed Graph

Warner Music Group Company Culture

  • Overall Culture

    B+

    77/100

  • CEO Rating

    A+

    84/100

  • Compensation

    C-

    60/100

  • Diversity

    A

    83/100

Learn more on Comparably

Warner Music Group News and Updates

Warner Music Group Corp. Announces Quarterly Cash Dividend

NEW YORK, May 13, 2021 (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 $0.12 per share on WMG’s Class A Common Stock and Class B Common Stock, representing an aggregate quarterly …

Warner Music Group Announces Groundbreaking Partnership With and Investment in Wave

Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG’s Roster of Artists Wide-Ranging Collaboration Allows Wave to Expand Virtual Entertainment Experiences and Monetization Opportunities for WMG’s Roster of Artists

Warner Music Group and Genies Sign Partnership to Bring WMG’s Roster of Artists to Life as Avatars

News Comes on Heels of Genies Launching New NFT SDK and 3D Luxury Avatars Used By Thousands of Artists, Athletes, and Entertainers Including Cardi B, Carmelo Anthony, and Pokimane

Warner Music Group and Spotify Strike Innovative Podcast Development Deal

Two Companies to Develop Original Podcasts Leveraging WMG’s Artists, Songwriters and Music Catalog Two Companies to Develop Original Podcasts Leveraging WMG’s Artists, Songwriters and Music Catalog

Warner Music Group Corp. to Conduct Earnings Conference Call on Tuesday, May 4, 2021

NEW YORK, April 06, 2021 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Tuesday, May 4, 2021, for the second quarter ended March 31, 2021, and will hold an earnings update conference call that morning at 8:30 a.m. ET.
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Warner Music Group Blogs

Maurice Stinnett

Dr. Maurice Stinnett is Head of Global Equity, Diversity & Inclusion for Warner Music Group. In this role, Stinnett spearheads the company’s equity initiatives, implementing tailored strategies and programs designed to cultivate a diverse and inclusive company culture. Stinnett works closely wi…

Oana Ruxandra

Oana Ruxandra is EVP, New Business Development – Chief Acquisition Officer at Warner Music Group, where she also serves as interim head of business development for the company’s Recorded Music business. In this capacity, Ruxandra focuses on attracting non-traditional partners and identifying unconv…

Aaron Bay-Schuck

Photo thumbnail:  job title:  Co-Chairman & CEO company name:  Warner Bros. Records lightbox thumbnail:  weight order:  1

Cardi B, Bad Bunny, & J Balvin - I Like It

Mobile background:  iPad Background:  Song Title:  I Like It Artist Name:  Cardi B, Bad Bunny, & J Balvin Video Link URL:  Cardi B, Bad Bunny, & J Balvin - I Like it BrightCove URL:  https://house-fastly-signed-us-east-1-prod.brightcovecdn.com/media/v1/pmp4/static/clear/301939184/5d9cbcad-f8fb-4ef3-8e53-55130967c4a3/high.mp4?fastly_token=NWI3Y2VjMjJfYWYzZTI0ZDkwZGFlZDljNTkwNWNlMDFhZTBjNzlkNTc3NDhkYmNhY2U0ZmMzN2YxNjg5MTZhMjM4OWNmMWZhZF…

Warner Music Group Frequently Asked Questions

  • When was Warner Music Group founded?

    Warner Music Group was founded in 1958.

  • Who are Warner Music Group key executives?

    Warner Music Group's key executives are Maria Osherova, Max Lousada and Stephen F. Cooper.

  • How many employees does Warner Music Group have?

    Warner Music Group has 5,400 employees.

  • What is Warner Music Group revenue?

    Latest Warner Music Group annual revenue is $4.5 b.

  • What is Warner Music Group revenue per employee?

    Latest Warner Music Group revenue per employee is $828.7 k.

  • Who are Warner Music Group competitors?

    Competitors of Warner Music Group include Nashville Records, Nagaswara and Amuse.

  • Where is Warner Music Group headquarters?

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

  • Where are Warner Music Group offices?

    Warner Music Group has an office in New York.

  • How many offices does Warner Music Group have?

    Warner Music Group has 1 office.