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Warner Music Group Corp - WMG STOCK NEWS

Welcome to our dedicated news page for Warner Music Group (Ticker: WMG), a resource for investors and traders seeking the latest updates and insights on Warner Music Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Warner Music Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Warner Music Group's position in the market.

News
MUUS COLLECTIVE ANNOUNCES PARTICIPATION IN THE INAUGURAL WEB3 MUSIC ACCELERATOR PROGRAM WITH WARNER MUSIC GROUP AND POLYGON LABS TO POWER THE NEXT GREAT EVOLUTION OF THE MUSIC INDUSTRY THROUGH BLOCKCHAIN TECHNOLOGY
Rhea-AI Summary
Muus Collective, Inc. is the recipient of the Web3 Music Accelerator program led by Warner Music Group (WMG) and Polygon Labs, aiming to power innovation at the intersection of Web3 and music. Muus Collective and MITH have been selected for the Accelerator, with Muus Collective creating a playable platform for engagement, inspiration, and connection, and MITH being a first-of-its-kind fan engagement platform. Both recipients will receive support through the Accelerator program, including mentorship, strategic advising, and marketing and promotion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
none
-
News
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, February 8, 2024
Rhea-AI Summary
Warner Music Group Corp. (WMG) will release its financial results for the first quarter ended December 31, 2023, on February 8, 2024, and will hold an earnings conference call at 8:30 a.m. ET. Investors can register for the conference call to receive the dial-in number and personalized pin. The webcast will also be available for those not asking questions. The replay will be accessible via the webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
earnings
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News
Warner Music Group Corp. Reports Results for Fiscal Fourth Quarter and Full Year Ended September 30, 2023
Rhea-AI Summary
Warner Music Group Corp (WMG) achieved record-breaking financial results, surpassing $6 billion in total revenue for the first time. The company experienced growth in streaming, music publishing, and strong margin expansion, outperforming full-year expectations. Digital revenue increased by 8% in Q4, and 3% for the full year. However, cash from operating activities decreased by 17% in Q4 and 7% for the full year. The CEO highlighted the value of premium content and the company's position in the healthy and growing music industry, while the CFO emphasized the solid release slate and momentum in Recorded Music streaming growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
Tags
earnings
News
Warner Music Group Corp. Announces Quarterly Cash Dividend
Rhea-AI Summary
Warner Music Group Corp. (WMG) declares $0.17 quarterly cash dividend per share, payable on December 1, 2023. Board of Directors announcement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
dividends
-
News
Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, November 16, 2023
Rhea-AI Summary
Warner Music Group to release Q4 and fiscal year 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
earnings
-
News
WARNER MUSIC GROUP NAMES CARLETTA HIGGINSON EVP, CHIEF DIGITAL OFFICER
Rhea-AI Summary
Carletta Higginson Joins Warner Music Group as Chief Digital Officer
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
none
News
BRYAN CASTELLANI APPOINTED CHIEF FINANCIAL OFFICER FOR WARNER MUSIC GROUP
Rhea-AI Summary
Bryan Castellani joins Warner Music Group as EVP and CFO, bringing experience from The Walt Disney Company. He will replace long-time CFO Eric Levin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.1%
Tags
none
-
News
WARNER MUSIC GROUP AND ELLIOT GRAINGE'S 10K PROJECTS ANNOUNCE JOINT VENTURE
Rhea-AI Summary
Warner Music Group (WMG) has entered into a joint venture with 10K Projects, a Los Angeles-based label founded by Elliot Grainge. 10K Projects will become a standalone label within the WMG ecosystem, bringing its superstar roster and next generation team into the WMG fold. Grainge will remain CEO of 10K Projects. The label is home to artists such as Trippie Redd, Iann Dior, and Internet Money. 10K Projects' artists will benefit from WMG's investment, expertise, and global infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
none
-
News
Warner Music Group Corp. to Participate in the Goldman Sachs Communacopia + Technology Conference
Rhea-AI Summary
Warner Music Group CEO to participate in Q&A session at Goldman Sachs Communacopia + Technology Conference on September 6th
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.56%
Tags
conferences
News
Warner Music Group Corp. Announces Quarterly Cash Dividend
Rhea-AI Summary
Warner Music Group Corp. (WMG) declares $0.17 per share quarterly cash dividend, payable on September 1, 2023, to stockholders of record as of August 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
dividends
Stock WMG logo
Warner Music Group Corp

Nasdaq:WMG

WMG Rankings

#591 Ranked by Market Cap
#960 Ranked by Stock Gains
#1370 Ranked by Dividends

WMG Stock Data

17.32B
133.40M
7.09%
92.87%
0.74%
Entertainment
Communication Services
Link
United States
New York

About WMG

with its broad roster of new stars and legendary artists, warner music group is home to a collection of the best-known record labels in the music industry including asylum, atlantic, east west, elektra, fueled by ramen, nonesuch, reprise, rhino, roadrunner, rykodisc, sire, warner bros. and word, as well as warner/chappell music, one of the world's leading music publishers, with a catalog of more than one million copyrights worldwide. wmg comprises an array of businesses aimed at helping artists achieve long-term creative and financial success while providing consumers with the highest-quality music content available. wmg is engaged in the recorded music business (including artist services) and the music publishing business, and is a leading company in national and international repertoire that operates through numerous international affiliates and licensees in more than 50 countries.