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Warner Music Group

Warner Music Group

Revenue

$5.9 B

FY, 2022

Warner Music Group Summary

Company summary

Overview
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.
Type
Subsidiary
Status
Active
Founded
1958
HQ
New York, NY, US | view all locations
Website
http://www.wmg.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key people

  • 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

      Operating MetricsView all

      Songwriters and Composers

      70K

      FY, 2017

      Countries

      51

      FY, 2017

      Artwork Copyrights

      1M

      FY, 2017

      LocationsView all

      1 location detected

      • New York, NY HQ

        United States

        Paramount Plaza, 1633 Broadway

      Warner Music Group Financials

      Summary financials

      Revenue (Q1, 2023)
      $1.5B
      Gross profit (Q1, 2023)
      $727.0M
      Net income (Q1, 2023)
      $122.0M
      Cash (Q1, 2023)
      $720.0M
      EBIT (Q1, 2023)
      $265.0M

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