175m music fans are tracking artists in WMG’s Songkick app
Warner Music Group bought the Songkick app and website in July 2017, and has continued to run it since as a way for people to find out when artists they like are playing concerts near them. WMG is also continuing to invest...
July 9, 2020
Tencent has bought $200m stakes in Warner Music Group
On Friday it emerged that Chinese tech giant Tencent had bought a chunk of shares in Warner Music Group… but confusion reigned over exactly how much it had invested. The Wall Street Journal claimed it was $200m, while MBW...
June 15, 2020
WMG share price leaps on first day of public trading
Warner Music Group had a good first day of trading following its IPO this week. The company priced its shares at $25, valuing the major label group at $12.75bn. By the end of the day, WMG’s share price had risen to...
June 4, 2020
Warner Music Group delayed IPO share-pricing until today
Last week, Warner Music Group filed to go public in its IPO: you can read our analysis of the filing’s juicier bits here. According to the Financial Times, WMG was planning to announce the pricing for its shares in...
June 3, 2020
UMG and WMG reveal latest deals in high-potential markets
Major music companies are continuing to press on with their partnerships in high-potential territories like India, Africa and China. Yesterday brought three such deals. Warner Music Group is allying with Ziiki Media, an Indian...
May 12, 2020
WMG approved for Nasdaq IPO listing as financials announced
Warner Music Group announced its latest quarterly financial results yesterday, but in the earnings call, CEO Steve Cooper kept his cards close to his chest regarding the label’s upcoming IPO. “The current market conditions...
May 8, 2020
Warner Music Group signs distribution partnership with Mattel
Mattel isn’t just the toy giant whose brands include Barbie, American Girl and Hot Wheels. It also has a catalogue of more than 1,000 songs linked to some of those brands (see also: Fisher-Price, Thomas & Friends)....
May 4, 2020
Warner Music Group opens its live vaults for PlayOn Fest
This weekend (24-26 April), Warner Music Group is hosting the virtual PlayOn Fest where listeners can “relive epic performances one time only”. Over the three days, past shows from a huge range of acts, among them Coldplay,...
April 22, 2020
Spotify and WMG seal their deal – including ‘additional markets’
The coronavirus pandemic appeared to have put the long-running soap opera of Spotify’s licensing renewals with major labels on hiatus. Now it’s returning: with concrete progress. “Warner Music Group and Spotify are...
April 2, 2020
WMG tightens Dogan partnership with Warner Music Turkey launch
Warner Music and Doğan Music already have a partnership in Turkey but have now expanded the scope of that relationship with the opening of Warner Music Turkey. The two companies will work on building up domestic repertoire...
January 7, 2020
Warner Music Group appoints its first senior privacy counsel
Here’s an interesting job title for a major label: senior privacy counsel. Warner Music Group has just created the role, and appointed Clare McConnell to it, reporting in to WMG’s general counsel, international, Kate...
December 12, 2019
Rights-buyups heat up with WMG/Providence and Hipgnosis
One of the trends of 2019 so far concerns the value of music catalogues (publishing rights, mainly, but also master recordings) as well as the well-funded entities jostling to buy them. A pair of stories yesterday offered...
December 11, 2019