With its broad roster of new stars and legendary artists, Warner Music Group is home to a collection of the best-known record labels in the music industry including Asylum, Atlantic, East West, Elektra, Fueled By Ramen, Nonesuch, Reprise, Rhino, Roadrunner, Rykodisc, Sire, Warner Bros. and Word, as well as Warner/Chappell Music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide. 

WMG comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available. WMG is engaged in the recorded music business (including artist services) and the music publishing business, and is a leading company in national and international repertoire that operates through numerous international affiliates and licensees in more than 50 countries.

Type
Subsidiary
HQ
New York, US
Founded
1958
Website
wmg.com
Warner Music Group was founded in 1958 and is headquartered in New York, US
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Key People/Management at Warner Music Group

Stu Bergen

Stu Bergen

CEO, International and Global Commercial Services
Mike Caren

Mike Caren

Creative Officer
Tom Corson

Tom Corson

Co-Chairman & COO
John Esposito

John Esposito

Chairman & CEO
Julie Greenwald

Julie Greenwald

Chairman & COO
Tim Fraser-Harding

Tim Fraser-Harding

President, Global Catalog, Recorded Music
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Warner Music Group Office Locations

Warner Music Group has offices in New York, Helsinki, Grimbergen, Hamburg and in 11 other locations
New York, US (HQ)
1633 Broadway
Buenos Aires, AR
Cordoba 1351, Piso 2
Sydney, AU
39 Albany Street Crows Nest
Toronto, CA
3381 Steeles Avenue East Main Level, Suite 100
Copenhagen, DK
Falkoner Allé 7, 3. sal Frederiksberg
Helsinki, FI
Arkadiankatu 4-6
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Warner Music Group Financials and Metrics

Summary Metrics

Founding Date

1958

Warner Music Group Financials

USDQ1, 2018Q2, 2018

Revenue

1 b2 b

Cost of goods sold

569 m1.1 b

Gross profit

476 m951 m

Gross profit Margin, %

46%47%
USDQ1, 2018Q2, 2018

Cash

776 m612 m

Inventories

38 m39 m

Current Assets

1.5 b1.4 b

PP&E

213 m214 m
USDQ1, 2018Q2, 2018

Net Income

5 m4 m

Depreciation and Amortization

65 m134 m

Inventories

2 m1 m

Accounts Payable

(23 m)(100 m)
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Warner Music Group Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sodatone March 29, 2018
Songkick (131)July 14, 2017
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