Warner Music Group Corp. Reports Results for Fiscal First Quarter Ended December 31, 2023

Financial Highlights Double-Digit Growth in Revenue and Adjusted OIBDA as both Recorded Music and Music Publishing Deliver Highest Quarterly Revenue in Company HistoryRecorded Music Results Bolstered by an Acceleration in Subscription and Ad-Supported StreamingMusic Publishing Momentum Continues with Fifth Consecutive Quarter of Increasing Revenue Growth Robust Operating Cash Flow Conversion of 65% of Adjusted OIBDALaunched Plan to Achieve $200 million in Annual Savings to be Reinvested into Growth Opportun ...