Warner

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Warner Music Nashville Names Stephanie Wright SVP of A&R – Billboard

Warner Music Nashville has appointed Stephanie Wright as senior vp of A&R, reporting to label co-chair/co-president Cris Lacy. Wright joined the company as a consultant in October. Wright has spent more than 23 years in A&R at Universal Music Group in Nashville, beginning as an assistant at Capitol Records and rising through the ranks to senior vp. During her time at UMG, Wright signed and worked with artists including Sam […]

todayDecember 15, 2023 5

News

Warner Music Trials ‘Musical Medicine’ for Pain, Anxiety, and Stress

Warner Music partners with a medical tech company to trial ‘musical medicine’ to ease pain, stress, and anxiety.Warner Music Group (WMG) has announced a partnership with British health tech startup MediMusic to help trial “music as medicine” to relieve pain, anxiety, and stress. Through the partnership, MediMusic will conduct research testing in several closed Randomized Controlled Trials in both the US and the UK.Using playlists from WMG’s catalog of music […]

todayDecember 14, 2023 3

News

Megan Thee Stallion signs distribution deal with Warner Music Group

Megan Thee Stallion has inked a distribution deal with Warner Music Group - whilst retaining ownership of her music.The 'Cobra' rapper has managed to secure a contract with a major label that can enable her to still be an independent artist to some degree, Billboard reports.The 28-year-old rapper released her previous LPs, 2020's 'Good News' and 2022's 'Traumazine' on 300 Entertainment and 1501 Certified, but in October, she told fans […]

todayDecember 13, 2023 4

News

Scott Hendricks to Exit Warner Music Nashville

Scott Hendricks, who currently serves as executive vice president of A&R and creative advisor for Warner Music Nashville, is leaving the label at the end of the month. After nearly 16 years overseeing the label’s country music releases, Hendricks will exit his current post and continue working as an independent producer. His work as a producer will continue for two of Warner Music Nashville’s biggest artists, Blake Shelton and Dan […]

todayDecember 13, 2023 2

News

(Video) “Hitler Should’ve Killed All Israelis”: Warner Music Drops Singer Kaka Azraff Following Antisemitism DM

Malaysian celebrities have shown immense support for the people of Palestine with some joining rallies and boycotting international brands in solidarity with Palestinians against their oppressors. With that being said, there’s a line that one should never cross when going against genocide. Malaysian singer Kaka Azraff announced that her contract with Warner Music has ended. The reason for the termination was because the singer sent an antisemitic and homophobic DM […]

todayDecember 8, 2023 1

News

Warner Music Group Corp. (NASDAQ:WMG) Short Interest Update

Warner Music Group Corp. (NASDAQ:WMG – Get Free Report) was the recipient of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 3,320,000 shares, a decrease of 37.5% from the October 31st total of 5,310,000 shares. Based on an average trading volume of 1,270,000 shares, the short-interest ratio is currently 2.6 days. Warner Music Group Stock Down 0.5 % […]

todayNovember 30, 2023 4

News

Warner Music Group’s revenue surges past $6bn

During the fiscal year, revenue – encompassing recorded music, music publishing and other activities – was up 3.9% year-on-year (at constant currency), passing $6bn for the first time in WMG’s history. Over the three months, revenue was up 5.9% (or 4.5% in constant currency). Digital revenue increased 8.0% (or 7.1% in constant currency), which includes the impact in the prior-year quarter of $38m in downloads and other digital revenue from the […]

todayNovember 20, 2023 4

News

Warner Music Group Corp. (NASDAQ:WMG) Q4 2023 Earnings Call Transcript

Warner Music Group Corp. (NASDAQ:WMG) Q4 2023 Earnings Call Transcript November 16, 2023 Warner Music Group Corp. beats earnings expectations. Reported EPS is $0.34, expectations were $0.25. Operator: Welcome to Warner Music Group’s Fourth Quarter Earnings Call for the period and fiscal year ended September 30, 2023. At the request of Warner Music Group, today’s call is being recorded for replay purposes, and if you object, you may disconnect at […]

todayNovember 17, 2023 2

News

More Artist-Centric Deals Are on the Way, Warner Music CEO Says

Robert Kyncl. Photo Credit: Warner Music GroupAfter partnering with Deezer on its “artist-centric” model – and as Spotify reportedly prepares to implement sweeping compensation changes of its own – Warner Music Group is poised to explore similar deals with other platforms “in the coming months.”Warner Music CEO Robert Kyncl, who’s advocated for streaming price increases and other royalty reforms throughout 2023, confirmed the forthcoming artist-centric deals today, during his company’s […]

todayNovember 17, 2023

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