Tag: warner music group

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Clear Channel signs performance royalties deal with WMG

Clear Channel and Warner Music Group signed a radio deal in the US yesterday that may have much wider implications in that market.
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Downloads and streaming both growing for WMG

Warner Music Group announced its latest quarterly financials yesterday, with revenues up 1.8% year-on-year to $663m, but losses nearly doubling to $63m.
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European Commission clears WMG’s Parlophone acquisition

Warner Music Group remains on course to acquire the Parlophone label by the summer, after receiving clearance for the deal from the European Commission.
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Digital now 54% of UMG’s recorded music sales

It wasn't just Warner Music Group declaring its Q1 financial results last night. Vivendi was also posting its latest figures.
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YouTube streaming music rumours still swirling

The speculation about an on-demand streaming music service from Google is reaching deafening levels, with two seemingly well-sourced stories pushing the rumour on yesterday.
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WMG financials reveal extent of its digital growth

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 – so 33% of the...
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comScore releases US online video rankings for September 2012

comScore has published its latest Video Metrix online video rankings for the US, with Google sites (i.e. YouTube) still far and away the leader.
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Mobile social gaming firm DeNA posts $609m revenues for Q2

In the second quarter of this year, Warner Music Group reported $654m in revenues, while Japanese social mobile games company DeNA reported $609m.
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Streaming now 25% of WMG’s digital recorded revenues

Warner Music Group is the latest major label to declare its financial results for the second quarter of 2012.
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WMG releases Grateful Dead Almanac app for iPad

It's not all about the 1970s for Grateful Dead fans. The jam-band remains a working operation, as shown by a new iPad app released by Warner Music Group.
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Warner Music debuts Staged web series on YouTube

Warner Music Group has launched its Staged web series on its The Warner Sound YouTube channel. The idea: "comedic and dramatic scenes driven by the lyrics of Warner Music's top artists", starting with a 1960s-style spy thriller...
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Turntable.fm bags all four major labels for licensing deals

Turntable.fm has secured licensing deals with all four major labels.