Warner Music Group

WMG is an entertainment and record label conglomerate that provides music publishing, distribution and artist labeling services. Read more

Stephen F. Cooper's photo - CEO of Warner Music Group

CEO

Stephen F. Cooper

CEO Approval Rating

82/100

Founded:

- -

Status:

PublicSubsidiary of Access Industries, Inc.NASDAQWMG

WARNER MUSIC GROUP TOP COMPETITORS OR ALTERNATIVES

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UMG is Warner Music Group's biggest rival. UMG was founded in Hilversum, Noord-Holland} in 1934. Like Warner Music Group, UMG also competes in the Publishing sector. Compared to Warner Music Group, UMG generates $4.4B more revenue.

Sony Music is Warner Music Group's #2 rival. Sony Music's headquarters is in New York, New York, and was founded in 1929. Like Warner Music Group, Sony Music also competes in the Publishing space. Sony Music generates 165% of Warner Music Group's revenue.

Hollywood Records is Warner Music Group's #3 competitor. Hollywood Records was founded in 1989 in Burbank, California. Like Warner Music Group, Hollywood Records also works within the Publishing sector. Hollywood Records generates $4.7B less revenue than Warner Music Group.

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Warner Music Group Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$4.7B

Warner Music Group's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 1.1B. Over the last four quarters, Warner Music Group's revenue has grown by 23.8%. Specifically, in Q1 2021's revenue was $1.3B; in Q4 2020, it was $1.3B; in Q3 2020, it was $1.1B; in Q2 2020, Warner Music Group's revenue was $1B.

Warner Music Group Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Zhara Music

Mar 2021

Source »
undisclosed
-
IMGN Media

Aug 2020

Source »
undisclosed
IMGN develops a social media publishing platform that creates, manages, and optimizes interaction-based content for marketing campaigns.
HipHopDX

Apr 2020

Source »
undisclosed
HipHopDX is a provider of songs related news and reviews.
First Night Records

Jul 2019

Source »
undisclosed
First Night Records is a music studio that allows users to create and compose songs for film scores, video music and advertising jingles.

-

Forza Music

Jul 2019

Source »
undisclosed
-

These are all the companies that Warner Music Group has acquired. Warner Music Group has acquired 15 companies and its latest acquisition was Zhara Music in Mar 2021.

Warner Music Group Funding History

Warner Music Group has participated in 11 rounds of funding. In total Warner Music Group has raised $2.5B. Warner Music Group's last funding round was on Sep 2020 for a total of $5.6M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
Sep 2020
$5.6M
-
IPO
Jun 2020
$1.9B

Debt
Sep 2019
$2.8M
-
Debt
Sep 2018
$3.5M
-
Debt
Sep 2017
$840.9K

Warner Music Group has participated in 11 rounds of funding. In total Warner Music Group has raised $2.5B. Warner Music Group's last funding round was on Sep 2020 for a total of $5.6M

Warner Music Group Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Fave is a Switzerland-based mobile application that enables fans to create short videos, connect and compete in fun challenges.
$2.2M
May 16, 2021
Seed
-
WaveXR is a California-based entertainment technology company that develops a multi-channel virtual platform for live events and concerts.
-
May 02, 2021
Minority Stake
-
Tier One is a gaming and eSports talent agency that provides training for streamers, shout casters and professional teams.
-
Apr 27, 2021
Pre-Series A
-
Overwolf is a Tel Aviv-based overlay platform that provides gaming application development solutions for game developers.
$52.5M
Mar 15, 2021
Series C
-
Rotana is a provider of on-demand video services for residential, commercial and industrial sectors.
-
Feb 15, 2021
Corporate Round
-

These are all the companies that Warner Music Group has invested in. Warner Music Group has invested 15 companies and its latest investment was Zhara Music in Mar 2021.

Warner Music Group News

June 8, 2021MarketScreener

Warner Music Group Corp. to Participate in Credit Suisse's 23rd Annual Communications Conference

(marketscreener.com) NEW YORK, June 08, 2021 -- Warner Music Group Corp. announced today that Eric Le... See more »
June 7, 2021MarketScreener

Partners with Songclip to Power "Music As A Feature"

(marketscreener.com) Warner Music Group and music technology company Songclip have signed a strategic... See more »
June 4, 2021Music Week

WMG partners with social media and music tech firm Songclip

The deal will open up Warner Music Group's catalogue to Songclip's API, which enables music integrati... See more »
June 3, 2021Music Business Worldwide

Warner Music expands hip-hop imprint JUUICE across Greater China

Bohan Phoenix named as latest signingSource... See more »
May 28, 2021Philanthropy News Digest

Warner Music, Blavatnik Family Foundation award social justice grants

Grants were awarded through the WMG/BFF Social Justice Fund, which was established last summer to ass... See more »
May 19, 2021Music Business Worldwide

Warner builds presence in Africa, striking deal with WCB-Wasafi and Diamond Platnumz

The deal is described by Warner Music as an exclusive distribution deal with upstreaming Source... See more »
May 13, 2021Music Business Worldwide

Eric Franklin promoted to Vice President of Digital Account Strategy at Warner's Rhino Entertainment

Franklin was previously Senior Director of Digital Sales at Rhino Source... See more »

Warner Music Group Blogs

June 1, 2021Warner Music Group Blog

Warner Chappell Music Signs Exclusive Three-Year Worldwide Deal with Legendary Mexican Singer/Songwriter Marco Antonio Sols

Warner Chappell Music (WCM) has signed a three-year worldwide deal with legendary Mexican music figur... See more »
May 27, 2021Warner Music Group Blog

Transgressive Publishing and Warner Chappell Music Sign The Joy

The Joy have signed a worldwide publishing deal with Transgressive Publishing and Warner Chappell Mus... See more »
May 26, 2021Warner Music Group Blog

Warner Chappell Music Signs Co-Publishing Deal with Breakout Hip-Hop Artist 42 Dugg

Warner Chappell Music, the global publishing arm of Warner Music Group, announced today that it has e... See more »
May 17, 2021Warner Music Group Blog

Widely Respected Music Exec Joe Kentish Named President Of Warner Records UK

Warner Music UK (WMUK) today announced a leadership transition at Warner Records UK that will see Joe... See more »
May 17, 2021Warner Music Group Blog

Warner Chappell Music France Signs Ikaz Boi

Warner Chappell Music France, the music publishing arm of Warner Music Group, has signed a worldwide ... See more »
May 13, 2021Warner Music Group Blog

Rhino Entertainment Names Eric Franklin Vice President, Digital Account Strategy

Rhino Entertainment, the catalog division of Warner Music Group (WMG), has upped Eric Franklin to Vic... See more »
May 13, 2021Warner Music Group Blog

Mega-Producer Vinylz Signs Global Publishing Agreement with Warner Chappell Music

Warner Chappell Music, the global publishing arm of Warner Music Group, has entered into a worldwide ... See more »

Warner Music Group Press Releases

November 13, 2020GlobeNewswire

Warner Music Group Corp. Announces Quarterly Cash Dividend

NEW YORK, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. ("Warner Music Group" or "WMG") ... See more »
September 24, 2020WebWire

Mark Fry Named President, Warner Music Nordics

Highly regarded music industry leader Mark Fry has been promoted to President of Warner Music Nordics... See more »
August 21, 2020PR Newswire

Build-A-Bear Releases Workshop Jams, The First Album From The Build-A-Bear Records And Warner Arts Partnership

ST. LOUIS, Aug. 21, 2020 /PRNewswire/ -- Build-A-Bear today announced the release of Workshop Jams, t... See more »
July 29, 2020WebWire

Latin Music Industry Innovator Juan Paz Appointed as Head of New ADA Latin Division

Warner Music Group's ADA Worldwide announced the launch of ADA Latin, headquartered in Miami and led ... See more »
June 17, 2020centralcharts

WMG Acquisition Corp. Announces Pricing of 325 Million Offering of Senior Secured Notes

NEW YORK, June 17, 2020 (GLOBE NEWSWIRE) -- Warner Music Group Corp. ("Warner Music Group" or "WMG") ... See more »
May 7, 2020WebWire

Warner Music Group Corp. to Conduct Earnings Conference Call on Thursday, May 7, 2020

Warner Music Group Corp. will release its financial results on Thursday, May 7, 2020, for the second ... See more »

Warner Music Group Videos

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Warner Music Group Headquarters

1633 Broadway

New York, New York10019

212-275-2000

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Warner Music Group Summary

ABOUT

Overview

WMG is an entertainment and record label conglomerate that provides music publishing, distribution and artist labeling services.Warner Music Group's headquarters is located in New York, New York, USA 10019. It has raised 2.5B in 11 rounds. The latest ...

CEO

Warner Music Group's CEO, Stephen F. Cooper, currently has an approval rating of 82%. Warner Music Group's primary competitors are UMG, Sony Music & Hollywood Records.

Website

wmg.com

Frequently Asked Questions about Warner Music Group

  1. Who is Warner Music Group's CEO?

    Warner Music Group's CEO is Stephen F. Cooper
  2. How much revenue does Warner Music Group generate?

    Warner Music Group generates $4.7B in revenue
  3. How much funding does Warner Music Group have?

    Warner Music Group has historically raised $2.5B in funding
  4. Where is Warner Music Group's headquarters?

    Warner Music Group's headquarters is in New York New York, USA
  1. How many employees does Warner Music Group have?

    Warner Music Group has 5,400 employees
  2. What sector does Warner Music Group operate in?

    Warner Music Group is in Publishing
  3. Who are Warner Music Group's competitors?

    Warner Music Group's top competitors are UMG, Sony Music, Hollywood Records
  4. Who has Warner Music Group invested in?

    Warner Music Group's has invested in companies such as Fave Technology Inc, WaveXR Inc, Tier One Entertainment