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Warner Music Group Corp. Announces Quarterly Cash Dividend
Globenewswire· 2025-05-16 12:25
Core Points - Warner Music Group Corp. declared a quarterly cash dividend of $0.18 per share on its Class A and Class B Common Stock, payable on June 3, 2025, to stockholders of record as of May 27, 2025 [1] Company Overview - Warner Music Group has a legacy of over 200 years and is home to a diverse array of artists, songwriters, and companies that influence global culture [2] - The Recorded Music division includes iconic companies such as Atlantic, Elektra, Parlophone, and Warner Records, along with several renowned labels [2] - Warner Chappell Music, a leading music publisher, has a catalog of over one million copyrights across various musical genres [2]
Warner Music Group Corp. Reports Results for Fiscal Second Quarter Ended March 31, 2025
Globenewswire· 2025-05-08 11:30
Financial Highlights Q2 Performance Driven by Revenue Growth Across Recorded Music and Music PublishingCost Savings Plans on Track, With Reinvestment Initiatives AcceleratingYear-to-Date Operating Cash Flow and Free Cash Flow Increased by 53% and 59%, Respectively For the three months ended March 31, 2025 Total revenue decreased 1%, or increased 1% in constant currencyNet income decreased 63% to $36 million versus $96 million in the prior-year quarterOperating income increased 41% to $168 million versus $11 ...
Universal Music Group N.V. Reports Financial Results for the First Quarter Ended March 31, 2025
Prnewswire· 2025-04-29 15:45
Q1 2025 Results Highlights1 Revenue of €2,901 million increased 11.8% year-over-year, or 9.5% in constant currency, driven by solid growth in Recorded Music and Music Publishing. Recorded Music subscription revenue grew 11.5% year-over-year, or 9.3% in constant currency, and streaming revenue grew 2.9% year-over-year, or 0.3% in constant currency. Adjusted EBITDA of €661 million increased 11.8% year-over-year, or 10.0% in constant currency, and Adjusted EBITDA margin remained consistent at 22.8%. Top seller ...
Warner Music(WMG) - 2025 Q1 - Earnings Call Transcript
2025-02-06 14:30
Warner Music (WMG) Q1 2025 Earnings Call February 06, 2025 08:30 AM ET Company Participants Kareem Chin - Senior VP & Head of Investor RelationsRobert Kyncl - CEOBryan Castellani - Executive VP & CFOBenjamin Swinburne - Managing DirectorMichael Morris - Senior Managing DirectorKannan Venkateshwar - Managing DirectorKutgun Maral - DirectorStephen Laszczyk - Vice PresidentJessica Reif Ehrlich - Managing Director Conference Call Participants Benjamin Black - AnalystRichard Greenfield - Partner & Media and Tech ...