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

3.0More
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
Mike Caren

Mike Caren

CEO of Artist Partners Group and Creative Officer
John Esposito

John Esposito

Chairman & CEO
Tom Corson

Tom Corson

Co-Chairman & COO
Julie Greenwald

Julie Greenwald

Chairman & COO
Tim Fraser-Harding

Tim Fraser-Harding

President, Global Catalog, Recorded Music
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Warner Music Office Locations

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

Summary Metrics

Founding Date

1958

Warner Music Revenue

Embed Graph
Warner Music's revenue was reported to be $3.58 b in FY, 2017 which is a 10.2% increase from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.9b3.0b3.0b3.2b3.6b

Revenue growth, %

10%

Cost of goods sold

1.5b1.6b1.5b1.7b1.9b

Gross profit

1.4b1.5b1.5b1.5b1.6b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

155.0m157.0m246.0m359.0m647.0m

Accounts Receivable

329.0m404.0m

Prepaid Expenses

51.0m44.0m

Inventories

33.0m39.0m42.0m41.0m39.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

129.0m149.0m142.0m168.0m278.0m316.0m345.0m455.0m476.0m567.0m776.0m612.0m905.0m

Accounts Receivable

384.0m361.0m380.0m499.0m42.7m

Prepaid Expenses

59.0m57.0m57.0m47.0m62.0m

Inventories

34.0m35.0m37.0m39.0m41.0m41.0m38.0m36.0m36.0m38.0m38.0m39.0m40.0m
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017

Net Income

(194.0m)(303.0m)30.0m149.0m

Depreciation and Amortization

258.0m321.0m293.0m251.0m

Inventories

(5.0m)(7.0m)1.0m

Accounts Payable

73.0m(87.0m)23.0m48.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(36.0m)(95.0m)(279.0m)(65.0m)40.0m33.0m24.0m44.0m187.0m5.0m4.0m325.0m

Depreciation and Amortization

78.0m157.0m238.0m233.0m150.0m225.0m63.0m126.0m190.0m65.0m134.0m205.0m

Inventories

(1.0m)(2.0m)(4.0m)(3.0m)(1.0m)3.0m3.0m3.0m2.0m2.0m1.0m(1.0m)

Accounts Payable

(79.0m)(121.0m)(96.0m)(86.0m)(41.0m)(47.0m)(12.0m)(43.0m)(55.0m)(23.0m)(100.0m)(84.0m)
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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

Acquired CompanyDateDeal Size
Uproxx MediaAugust 03, 2018

Warner Music Revenue Breakdown

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

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

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Warner Music Online and Social Media Presence

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Warner Music Blogs

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 Company Life and Culture

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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, Mike Caren and John Esposito.

  • What is Warner Music revenue?

    Latest Warner Music annual revenue is $3.6 b.

  • Who are Warner Music competitors?

    Competitors of Warner Music include Audio Visual, Amuse and Cinq Music.

  • Where is Warner Music headquarters?

    Warner Music headquarters is located at 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.