WMG Stock Recent News

Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.18 per share a year ago.

Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music Publishing Cost Savings Plans on Track, With Reinvestment Initiatives Accelerating Year-to-Date Operating Cash Flow and Free Cash Flow Increased by 53% and 59%, Respectively For the three months ended March 31, 2025 Total revenue decreased 1% , or increased 1% in constant currency Net incom e decreased 63% to $36 million versus $96 million in the prior-ye ar quar ter Operating income increased 41% to $168 million versus $119 million in the prior-year quarter Adjusted OIBDA decreased 3% to $303 million , versus $312 million in the prior-year quarter, or 1% in constant currency Cash provided by operating activities increased to $69 million from cash used in operating activities of $31 million in the prior-year quarter NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. today announced its second-quarter financial results for the period ended March 31, 2025. “Our strategy is st

Warner Music Group (WMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

'5 Junction' imprint focused on breaking American artists of South Asian heritage and talent from the Subcontinent in the U.S. NEW YORK , April 22, 2025 /PRNewswire/ -- Warner Music Group (Nasdaq: WMG) and entrepreneurial powerhouse Anjula Acharia are partnering to launch 5 Junction, a new JV label focused on discovering and nurturing U.S.-based artists of South Asian heritage, as well as amplifying the success of WMG's existing artists from South Asia and its diaspora. 5 Junction will collaborate closely with LA-based Warner Records, led by Tom Corson [Co-Chairman and COO] and Aaron Bay-Schuck [Co-Chairman and CEO].

Warner Music Group , the label behind artists such as Ed Sheeran and Dua Lipa, has appointed former Activision Blizzard executive Armin Zerza as its finance chief, the music entertainment company said on Monday.

Accomplished Leader from Activision Blizzard and Procter & Gamble NEW YORK , April 14, 2025 /PRNewswire/ -- Warner Music Group Corp. (Nasdaq: WMG) today announced that Armin Zerza is joining the company as Executive Vice President and Chief Financial Officer, effective May 5, reporting to CEO Robert Kyncl. Zerza brings extensive global financial, commercial, and operational leadership experience, most recently serving as CFO of Activision Blizzard, while it was traded on the NASDAQ stock exchange.

NEW YORK, April 10, 2025 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 8, 2025, for the second quarter ended March 31, 2025, and will hold an earnings conference call that morning at 8:30 a.m. ET.

Annual event raises funds to advance the organization's efforts to bring music education into under-served communities NEW YORK , April 3, 2025 /PRNewswire/ -- Last night, longtime Harmony Program supporter Warner Music Group (NASDAQ: WMG) and Grammy-nominated artist and philanthropist Josh Groban were honored at the organization's annual gala held at The Altman Building in Flatiron. Hosted by CBS Mornings Plus' Adriana Diaz, the festive evening celebrated the Harmony Program's momentous efforts and raised nearly $800,000 to advance their mission to bring music education into under-served communities across New York City.

NEW YORK, Feb. 14, 2025 (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 $0.18 per share on WMG's Class A Common Stock and Class B Common Stock. The dividend is payable on March 4, 2025, to stockholders of record as of the close of business on February 24, 2025.

Warner Music Group Corp. (NASDAQ:WMG ) Q1 2025 Earnings Conference Call February 6, 2025 8:30 AM ET Company Participants Kareem Chin - Head, Investor Relations Robert Kyncl - Chief Executive Officer Bryan Castellani - Chief Financial Officer Conference Call Participants Benjamin Swinburne - Morgan Stanley Michael Morris - Guggenheim Securities LLC Benjamin Black - Deutsche Bank Kannan Venkateswar - Barclays Rich Greenfield - LightShed Partners Kutgun Maral - Evercore ISI Batya Levi - UBS Stephen Laszczyk - Goldman Sachs Jessica Reif Ehrlich - Bank of America Securities Operator Welcome to Warner Music Group's First Quarter Earnings Call for the period ended December 31, 2024. At the request of Warner Music Group, today's call is being recorded for replay purposes, and if you object, you may disconnect at any time.