Warner Music Group announced its latest quarterly financials last night, with revenues up 8% year-on-year to $675m, including a 20% rise in digital revenues to $281m – 41.6% of the total.
May 15th, 2013 by Music Ally
March 22nd, 2013 by Music Ally
WMG subsidiary Rhino has launched a new iOS app for The Monkees, offering the latest glimpse at how apps are being used to market catalogue acts as well as newer artists.
February 20th, 2013 by Music Ally
Merlin and IMPALA have announced an agreement with WMG that they say will "bring more scale into the independent sector through an opportunity to buy, license or distribute a significant portion of PLG...
February 8th, 2013 by Stuart Dredge
You probably don't need us to tell you that Warner Music Group agreed a £487m deal to buy the Parlophone label group from Universal Music Group. It's expected to close later this year, although that...
December 21st, 2012 by Music Ally
Warner Music Group has appointed former Sony exec Rob Wiesenthal as its new chief operating officer/corporate, reporting directly to CEO Steve Cooper from 1 January.
December 14th, 2012 by Music Ally
Warner Music Group announced its financial results for the third quarter of 2012 (its fiscal Q4) last night, with overall revenues up 2% year-on-year to $731m, with digital up 15% to $241m as part of that...
October 9th, 2012 by Music Ally
Deezer confirms $130m funding and claims 2m subscribers
October 8th, 2012 by Stuart Dredge
Streaming music service Deezer was planning a major funding announcement later this week, but French newspaper Le Figaro jumped the gun on Saturday and broke the news. That news being a €100m ($130m)...
October 5th, 2012 by Music Ally
WMG subsidiary Artist Arena has paid the penalty for collecting data on thousands of children in the US without getting the necessary parental consent.