Warner Music(WMG)

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Warner Music Group Corp. to Conduct Earnings Conference Call on Wednesday, August 7, 2024
Newsfilter· 2024-07-24 20:30
Group 1 - Warner Music Group Corp. will release its financial results for the third quarter ended June 30, 2024, on August 7, 2024, instead of the previously announced date of August 8, 2024 [3] - An earnings conference call will be held on the same day at 8:30 a.m. ET [3] Group 2 - Warner Music Group operates in over 70 countries and includes a diverse range of renowned labels and a music publishing arm with over one million copyrights [4] - The company supports the independent community through its ADA division and has an artist services division called WMX [4] - Warner Music Entertainment is also part of Warner Music Group, enhancing its storytelling capabilities in film and television [4]
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 8, 2024
Newsfilter· 2024-07-10 13:00
To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate asking a question, we recommend joining via the webcast at www.wmg.com. The replay of the conference call will also be available via the webcast at www.wmg.com. Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technol ...
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, August 8, 2024
GlobeNewswire News Room· 2024-07-10 13:00
NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, August 8, 2024, for the third quarter ended June 30, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate as ...
MICHAEL RYAN-SOUTHERN TO JOIN WARNER MUSIC GROUP AS EVP, CORPORATE DEVELOPMENT
Prnewswire· 2024-06-06 14:30
Core Insights - Warner Music Group (WMG) has appointed Michael Ryan-Southern (MRS) as the Executive Vice President of Corporate Development, effective August 5, 2024, to lead M&A activities [1][2] - MRS brings two decades of experience in investment, finance, and the music industry, having previously served as Global Head of Music & Live Entertainment Investment Banking at Goldman Sachs [1][3] - WMG's CEO Robert Kyncl expressed optimism about the long-term value of music and the opportunities in recorded music and music publishing, highlighting MRS's expertise as a key asset for the company's growth [7] Company Overview - Warner Music Group operates in over 70 countries and includes a diverse range of labels and a music publishing arm with over one million copyrights [4] - The company is known for its entrepreneurial spirit and tech-forward approach, fostering an environment conducive to artistic creativity and business innovation [5] - WMG also supports the independent music community through its ADA division and has a presence in film and television storytelling via Warner Music Entertainment [4] MRS's Background - MRS has a strong track record in the music and live entertainment sectors, having led landmark deals while at Goldman Sachs and held senior roles at Mubadala Capital and EMI Music Publishing [3][7] - He holds an MBA from Columbia Business School, a master's in tax law, and a bachelor's in accounting and finance, showcasing a robust educational background [7]
Warner Music(WMG) - 2024 Q2 - Earnings Call Transcript
2024-05-09 18:51
Warner Music Group Corp. (NASDAQ:WMG) Q2 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Robert Kyncl - Chief Executive Officer Bryan Castellani - Chief Financial Officer Kareem Chin - Head of Investor Relations Conference Call Participants Benjamin Black - Deutsche Bank Batya Levi - UBS Michael Morris - Guggenheim Securities David Karnovsky - J.P. Morgan Stephen Laszczyk - Goldman Sachs Operator Welcome to Warner Music Group's Second Quarter Earnings Call for the period ended M ...
Warner Music slides despite rising sales and profits
Proactive Investors· 2024-05-09 15:19
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Warner Music Group Corp. (WMG) Q2 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-05-09 13:46
Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.30, delivering a surprise of -30.23%.Over the last four quarters, the ...
Warner Music Group (WMG) stock jumps as total revenue rises 7% in Q2
Invezz· 2024-05-09 12:10
Warner Music Group (NASDAQ:WMG) stock has jumped by almost 2% after the group reported a strong financial performance for the fiscal second quarter ending March 31, 2024, showcasing robust growth across its Recorded Music and Music Publishing divisions. At press time, May 9, 2024 at 07:32 GMT-4, the Warner Music Group (WMG) stock was trading at $35.65, up +0.56 (1.60%) from the previous market close.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The ...
Warner Music Group Corp. Reports Results for Fiscal Second Quarter Ended March 31, 2024
Newsfilter· 2024-05-09 11:30
Financial Highlights Solid Results Driven by Growth Across Recorded Music and Music Publishing Recorded Music Results Underpinned by an Acceleration in Subscription StreamingMusic Publishing Delivered Revenue Growth of 19%Reiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended March 31, 2024 Total revenue increased 7%, the same in constant currencyNet income was $96 million versus $37 million in the prior-year quarterOperating income decreased 4% to $119 million v ...
Warner Music(WMG) - 2024 Q2 - Quarterly Report
2024-05-09 11:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-32502 Warner Music Group Corp. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 13-4 ...