NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, August 8, 2024, for the third quarter ended June 30, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate as ...

NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, August 8, 2024, for the third quarter ended June 30, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate as ...

Former Goldman Sachs & EMI Music Exec to Spearhead Company's M&A NEW YORK, June 6, 2024 /PRNewswire/ -- Michael Ryan-Southern (MRS) is being appointed by Warner Music Group (Nasdaq: WMG) to the newly created post of Executive Vice President, Corporate Development, effective August 5th. MRS, who comes to WMG with two decades of investment, finance, and music industry experience, most recently served as Global Head of Music & Live Entertainment Investment Banking at Goldman Sachs. Michael Ryan-Southern MRS wi ...

财务数据和关键指标变化 - 总收入增长7%,其中录音音乐和音乐出版分别增长4%和19% [9][39] - 归一化总收入增长9%,其中录音音乐增长7% [10] - 录音音乐流媒体收入增长11%,其中订阅流媒体收入增长13.5% [10] - 总调整后OIBDA增长9%,归一化增长10% [10] 各条业务线数据和关键指标变化 - 录音音乐业务收入增长4%,归一化增长7% [39] - 录音音乐流媒体收入增长11%,其中订阅流媒体增长13.5%,广告支持收入增长5% [39][40] - 录音音乐实体销售收入下降7% [40] - 录音音乐艺人服务和扩展权利收入下降3% [40] - 录音音乐版权收入增长5% [40] - 音乐出版业务收入增长19%,其中数字和流媒体收入增长27%和29% [42] - 音乐出版业务表演收入增长18%,同步收入增长2%,机械收入下降6% [42] 各个市场数据和关键指标变化 - 在阿根廷市场,公司收入同比翻倍 [27] - 在撒哈拉以南非洲地区,公司是唯一一家去年市场份额增长的大型音乐公司 [27] - 在印度市场,公司也是唯一一家去年市场份额增长的大型音乐公司 [27] - 公司最近在南亚地区启动了华纳音乐南亚业务 [28] 公司战略和发展方向及行业竞争 - 公司在签约和服务更广泛的艺人和作词作曲家、挖掘有全球吸引力的本土音乐、帮助艺人在竞争激烈的环境中脱颖而出等方面取得进展 [21] - 公司正在扩大低接触服务,为更多独立艺人、唱片公司和作词作曲家提供全面的服务 [25][26] - 公司正在全球范围内扩大录音音乐业务,在一些新兴市场如阿根廷、撒哈拉以南非洲和印度取得良好增长 [27][28] - 公司正在推动音乐版权价值的提升,包括推动DSP平台价格上涨,以及探索更有利于艺人的版税模式 [29][30] - 公司正在应对人工智能带来的挑战,呼吁政府出台相关法规保护艺人权益 [31][32] - 公司正在进行内部重组,集中职能并退出自有媒体业务,以加快技术能力建设 [34][35] 管理层对经营环境和未来前景的评论 - 管理层对公司在新艺人培养、流媒体订阅增长、价格上涨等方面取得的进展表示满意 [9][10][11][12][13][29][30] - 管理层认为人工智能是一个需要谨慎应对的新兴领域,呼吁政府出台相关法规 [31][32][33] - 管理层对公司内部重组和技术能力建设的进展表示乐观,认为这将为未来发展奠定基础 [34][35] - 管理层对公司下半年的新专辑发布计划表示期待,认为这将推动业务持续增长 [36] 问答环节重要的提问和回答 问题1 **Benjamin Black 提问** 为什么公司最终放弃了对Believe的收购 [51] **Robert Kyncl 回答** 公司一直在寻找机会加快实现战略目标的步伐,但Believe的收购由于时间紧迫等原因最终未能成行 [53][54] 问题2 **Michael Morris 提问** 公司如何看待Spotify的新定价策略,是否会从中获益 [74][75] **Robert Kyncl 回答** 公司认为Spotify的定价策略变化是积极的,表明行业正在重视音乐价值的提升。公司将确保自身定价策略的一致性,从而从中获益 [76][77][78] 问题3 **David Karnovsky 提问** 公司有哪些方法来提高老目录作品的曝光度和收益 [84][85] **Robert Kyncl 回答** 公司一方面通过技术手段优化目录作品在各大平台的表现,另一方面也在加大针对性营销,取得了良好效果 [87][88][89]

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup New ...

Warner Music Group Corp. (WMG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this company would post earnings of $0.43 per share when it actually produced earnings of $0.30, delivering a surprise of -30.23%. Over the last four quarters, t ...

Warner Music Group (NASDAQ:WMG) stock has jumped by almost 2% after the group reported a strong financial performance for the fiscal second quarter ending March 31, 2024, showcasing robust growth across its Recorded Music and Music Publishing divisions. At press time, May 9, 2024 at 07:32 GMT-4, the Warner Music Group (WMG) stock was trading at $35.65, up +0.56 (1.60%) from the previous market close. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Th ...

Financial Highlights Solid Results Driven by Growth Across Recorded Music and Music Publishing Recorded Music Results Underpinned by an Acceleration in Subscription Streaming Music Publishing Delivered Revenue Growth of 19% Reiterating Full-Year Operating Cash Flow Conversion Guidance of 50-60% For the three months ended March 31, 2024 Total revenue increased 7%, the same in constant currency Net income was $96 million versus $37 million in the prior-year quarter Operating income decreased 4% to $119 millio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ Commission File Number 001-32502 Warner Music Group Corp. (Exact name of registrant as specified in its charter) Delaware 13-4271875 (State or other jurisdiction of (I.R.S. Employer incorpo ...

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Warner Music Group Corp. will release its financial results on Thursday, May 9, 2024, for the second quarter ended March 31, 2024, and will hold an earnings conference call that morning at 8:30 a.m. ET. To access the conference call, please register here. Once registered, you will receive an email with the dial-in number along with your personalized pin needed to join the call. We suggest you call in 10 minutes prior to the start time. If you do not anticipate as ...