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Artist News Awards Business News Deals Labels & Publishers One Liners Releases By Andy Malt | Published on Thursday 24 August 2023 DEALS Round Hill Music has acquired Canadian music company Linus Entertainment, bringing with it a catalogue of over 3000 songs and 20,000 master recordings. “This investment includes some of the most celebrated music and performers to come out of Canada and supports our strategy of investing in and […]
Investing August 11, 2023 6:55 am Last Updated: August 11, 2023 12:14 pm Fintel reports that on August 10, 2023, Goldman Sachs maintained coverage of Warner Music Group Corp – (NASDAQ:WMG) with a Buy recommendation. Analyst Price Forecast Suggests 1.68% Upside As of August 2, 2023, the average one-year price target for Warner Music Group Corp – is 33.39. The forecasts range from a low of 26.26 to a high […]
Macau’s Galaxy Arena, the recently opened venue linked to Galaxy Macau, has announced a three-year strategic partnership with Warner Music China aimed at delivering an array of top-tier music performances and entertainment extravaganzas. Under the terms of the agreement Warner Music China will bring its artists’ concerts to Macau, planning and producing cultural events such as music festivals, music lectures and forums, and arranging artists to take part in commercial […]
Photo Credit: Viktor ForgacsDuring the Warner Music Q2 2023 financial earnings call, CEO Robert Kyncl says ‘we’re just getting started’ with price hikes for music streaming services. Here’s why.Kyncl says when he arrived at Warner Music Group, one of his first priorities was pushing for increases in music subscription prices. “I’m pleased with the traction that we’re getting. Last month, Tidal, YouTube, and Spotify all followed Apple, Amazon, and Deezer […]
TD Cowen initiated coverage on shares of Warner Music Group (NASDAQ:WMG – Free Report) in a research note published on Tuesday, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $38.00 price target on the stock. A number of other research analysts have also issued reports on WMG. JPMorgan Chase & Co. cut their price target on shares of Warner Music Group from $42.00 to $40.00 in a […]
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