
Warner Music Group
WMG · NASDAQ · Communication Services / Entertainment
Price History
Full chartMarket Stats
About
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. It operates through Recorded Music and Music Publishing segments. The company is involved in the discovery and development of recording artists, as well as related marketing, promotion, distribution, sale, and licensing of music created by recording artists; markets its music catalog through compilations and reissuances of previously released music and video titles, as well as previously unreleased materials. It also owns and acquires rights to approximately two million musical compositions comprising pop hits, American standards, folk songs, and motion picture and theatrical compositions, as well as administers the music and soundtracks of various third-party television and film producers and studios. In addition, the company conducts its operation primarily through a collection of record labels, such as Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Nonesuch, Parlophone, Reprise, Sire, Spinnin' Records, and Warner Classics and Warner Records Nashville. Further, it markets, distributes, and sells music and video products to retailers and wholesale distributors; independent labels to retail and wholesale distributors; and various distribution centers and ventures, as well as retail outlets, online physical retailers, streaming services, and download services. Its catalog includes songwriters and composers; and various genres, including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, alternative, blues, gospel, and other Christian music. The company was founded in 1929 and is headquartered in New York, New York.
Company Details
- SectorCommunication Services
- IndustryEntertainment
- CEOMr. Robert Kyncl
- Employees5.50K
- Headquarters1633 Broadway, New York, NY, United States, 10019, USA
- Websitehttps://www.wmg.com
Leadership
- Mr. Robert KynclPresident, CEO & Director · b. 1971
- Ms. Carletta HigginsonExecutive VP & Chief Digital Officer · b. 1978
- Mr. Armin ZerzaExecutive Officer · b. 1970
- Mr. Guy MootCo-Chair & CEO of Warner Chappell Music · b. 1966
- Mr. Louis DicklerActing CFO, Senior VP, Global Controller & Chief Accounting Officer · b. 1978
- Mr. Tom CorsonChief Operating Officer
- Mr. Leho NigulChief Technology Officer
- Mr. Kareem ChinSenior VP & Head of Investor Relations
- Mr. Paul Martin Robinson Esq., J.D.Executive VP & General Counsel · b. 1958
- Trent N. Tappe Esq.Senior VP, Deputy General Counsel, Chief Compliance Officer & Secretary
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy9
- Buy2
- Hold6
- Sell1
- Strong Sell1
Ownership Breakdown
- Institutions
- 111.19%
- Insiders
- 1.05%
- Retail / Other
- 0.00%
Top Institutional Holders
- JPMorgan Chase & Co13.71M2.62%
- Independent Franchise Partners LLP13.00M2.48%
- Darsana Capital Partners LP11.94M2.28%
- BlackRock Inc9.66M1.85%
- Barrow Hanley Mewhinney & Strauss LLC8.91M1.70%
- Darlington Partners Capital Management, LP6.71M1.28%
- Vanguard Capital Management, LLC6.24M1.19%
- Vanguard Portfolio Management, LLC5.89M1.13%
- Fidelity International Ltd5.87M1.12%
- Cooke & Bieler LP4.62M0.88%
- Thrivent Financial For Lutherans3.64M0.70%
- State Street Corp2.66M0.51%
- AQR Capital Management LLC2.54M0.49%
- Westwood Holdings Group Inc2.54M0.49%
- Point72 Asset Management, L.P.2.49M0.48%
Top Fund Holders
- iShares Core S&P Mid-Cap ETF5.12M0.98%
- Vanguard MStar Total Stk Mkt Idx Invest4.41M0.84%
- Fidelity Global Technology A-Dis-EUR4.17M0.80%
- Bridge Builder Large Cap Value3.76M0.72%
- Vanguard Small Cap Index3.20M0.61%